The central part of the franchise dates from 1864, with the formation of First National Bank of Minneapolis.
It changed its name to the United States National Bank of Oregon in 1964. In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891. US Bank in Hudson, Ohio The US Bank Tower in downtown Los Angeles, California Bancorp footprint United States National Bank of Portland, Oregon Downtown Minneapolis Capella Tower is the circular building on the center-right. Louis, Missouri The US Bank tower in downtown Denver, Colorado US Bank tower in Salt Lake City, Utah US Bank Center in Milwaukee, Wisconsin US Bank Building in Sheboygan, Wisconsin U.S. History One US Bank Plaza in downtown St. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia. Earlier charters have expired as banks were closed or acquired, raising U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act.
The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S. It is ranked 117th on the Fortune 500, and it is considered a systemically important bank by the Financial Stability Board. It has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States.
The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. Bank National Association, and is the fifth largest banking institution in the United States. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.
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