: More than 80% of banking transactions now occur digitally. The U.S. Bank Mobile App continues to be recognized for its online credit card experience and features like Virtual Check Deposit .
: First Bank System of Minneapolis acquired the Oregon-based U.S. Bancorp, adopting the U.S. Bank name and moving its headquarters to Minneapolis. us-bank
U.S. Bank operates under , one of the oldest active national bank charters in the country, originally granted to the First National Bank of Cincinnati in 1863. Its modern form is the result of decades of consolidation: : More than 80% of banking transactions now occur digitally
: The bank has heavily invested in AI-driven tools , such as the U.S. Bank Liquidity Manager , which helps large firms forecast cash positions. : First Bank System of Minneapolis acquired the
U.S. Bank: 160 Years of Evolution and Digital Innovation As of 2026, U.S. Bank—the primary subsidiary of Minneapolis-based —stands as the fifth-largest commercial bank in the United States. With a history rooted in the Civil War era, the institution has transformed from a regional Midwest lender into a national financial powerhouse with over $690 billion in assets . A Legacy of Strategic Growth
The bank’s remains a cornerstone of its corporate strategy. Key initiatives include: Article Library - U.S. Bank