U.S. Bank Raises Prime Lending Rate to 4.00 Percent from 3.75 Percent Effective March 16, 2017
16 March 2017 - 7:07AM
Business Wire
U.S. Bancorp (NYSE:USB) announced it has raised its prime
lending rate to 4.00 percent from 3.75 percent, effective tomorrow,
March 16, 2017, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate
on December 14, 2016, when it was increased 25 basis points to 3.75
percent.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $446 billion in
assets as of December 31, 2016, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,106 banking offices in 25
states and 4,842 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the
web at www.usbank.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170315006431/en/
U.S. Bank Investor RelationsJennifer Thompson,
612-303-0778jen.thompson@usbank.comorU.S. Bank Corporate
CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
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