U.S. BANCORP (NYSE:USB) Files An 8-K Other Events

Item 8.01. Other Events.

On June7, 2017, U.S. Bancorp issued 1,000,000,000 aggregate
principal amount of its 0.850% Medium-Term Notes, SeriesX
(Senior), due June7, 2024 (the Notes). The Notes were registered
under the Securities Act of 1933, as amended, to a registration
statement on FormS-3 (File No.333-217413) filed by U.S. Bancorp
with the Securities and Exchange Commission. In connection with
this issuance, the legal opinion as to the legality of the Notes
is being filed as Exhibit5.1 to this Current Report on Form8-K.

Item 9.01. Financial Statements and Exhibits.

About U.S. BANCORP (NYSE:USB)

U.S. Bancorp is a multi-state financial services holding company. The Company’s banking subsidiary, U.S. Bank National Association, is engaged in the general banking business in domestic markets. It provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machines (ATMs) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bank National Association provides a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. Its lending services include traditional credit products, as well as credit card services, leasing financing and import/export trade, asset-backed lending and agricultural finance. Its depository services include checking accounts, savings accounts and time certificate contracts.