US Bancorp

Due to its dedication to compete with digital giants pushing their way into the banking business, U.S. Bancorp, the parent company of U.S. Bank National Association, earned a position on the list of top US banks.

With Facebook, Amazon, Apple, and Google all declaring plans to enter the financial services market, U.S. Bancorp opted to invest in its own technologies. The bank intends to cooperate with fintechs in order to preserve competitive banking technology, according to Terry Dolan, the company's chief financial officer. US Bancorp, formerly known as the First National Bank of Cincinnati, commenced operations in 1863. US Bancorp's enormous branch network and digital solutions are the result of several bank and financial group mergers.

The organization also offers home loans, asset management, and payment services in addition to retail and investment banking. This commercial bank is also the parent firm of US Bank, which employs over 70,000 people and has 4,200 ATMs mostly in the West and Midwest.


Headquarters: Minneapolis, MN
Assets: $542.57 billion
Domestic Branches: 2,346

Website: https://www.usbank.com/index.html

Photo: businesswire.com
Photo: businesswire.com
Photo: ft.com/
Photo: ft.com/

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