U.S. Bancorp (NYSE: USB) is a financial services holding company, headquartered in Minneapolis, Minnesota. Its retail division is U.S. Bank, the sixth-largest bank in the United States based on holdings.
The bank has developed from a number of mergers, beginning with First Bank System's acquisition of the original U.S. Bancorp (originally headquartered in Portland, Oregon) in 1997. Firstar Bank then acquired U.S. Bancorp in 2000, following two other mergers in 1999 when it merged with Star Banc (formerly First National Cincinnati) of Cincinnati, Ohio, and then bought Mercantile Bancorporation of St. Louis, Missouri five months later.
ther banks that were bought by Firstar include Federated Bank, First Colonial Bankshares Corporation, Banks of Iowa, and Investors Bank. Banks bought by Mercantile Bancorporation include Mark Twain Bancshares, Firstbank of Illinois, Hawkeye Bancorporation, and Ameribanc. Star Banc Corporation bought Great Financial Bank, and US Bancorp bought West One Bancorp.
The U.S. Bank Tower in Los Angeles is named for this company, as is a tower in Portland, Oregon and the U.S. Bank Center in Milwaukee, WI. Also, the corporation has the naming rights to U.S. Bank Arena in Cincinnati.