U.S. Bank

Overview / Commentary
800 Nicollet Mall
Minneapolis, MN 55402

As one of the largest banks in the United States, US Bank draws upon over 150 years of banking experience to offer its personal, business, commercial, and government banking customers a full suite of financial products and services. The bank offers its customers quick and secure access to funds through online and mobile banking options. US Bank’s depository banking products – for both its individual and corporate customers – include savings accounts, money market accounts, checking accounts, and Certificates of Deposits (CDs).

The bank’s personal savings accounts, money market accounts, and checking accounts can be easily linked together in various relationship banking packages, with attendant banking perks in each scenario. US Bank’s personal money market accounts yield better interest rates for larger account balances, and there is a tax-advantaged Individual Retirement Account (IRA) option available as a money market account. Personal CDs are also available, with terms ranging from 1 month to 60 months.

US Bank’s business checking accounts vary based upon account balance and monthly transaction volume. These business checking accounts can be combined with other business banking products and services in a variety of relationship banking packages – again, with attendant perks for each scenario. The bank offers a business “sweep” savings account that automatically transfers excess account balances from a business checking account into a business savings account with higher interest rates. Just like the personal money market accounts, business money market accounts yield tiered interest rates, depending upon account balance. US Bank’s business CD terms go from 14 days to 5 years.

In 1863, US Bank was established as the First National Bank of Cincinnati. Today, US Bank is owned by bank holding company US Bancorp. The headquarters for both the bank and its parent company are in Minneapolis, Minnesota.

Related Posts

Email Tax Refund Promo ($100 Or $300) - 3/4/2024

hope this helps. new money I received this email from usbank "your Money Market Savings account is eligible for up to a $300 bonus!" "Your loyalty is about to get rewarded. Take advantage of this exclusive offer and watch your savings grow. Simply add new money to your existing Money Market Savings account ending in 5518 and complete qualifying activities.1,2 Need a plan for your tax refund or annual bonus? Turn it into extra savings and earn $100 or $300. Here’s how: Earn $100 • Deposit $5,000 - $14,999.99 in new money1,2 from an external source into your existing U.S. Bank Money Market Savings account from March 1 through April 15, 2024. • Maintain the account ending balance as of February 29, 20242, plus the new money deposit(s) of $5,000-$14,999.99 through June 15, 2024. OR Earn $300 • Deposit $15,000 or more in new money1,2 from an external source into your existing U.S. Bank Money Market Savings account from March 1 through April 15, 2024. • Maintain the account ending balanc

US Bank Increases Money Market To 4.50% APY - 6/10/2023


Business Checking Acct $750 Offer - 6/6/2023

I think this one was mixed together with the Chase offer of $750. Good through 6-30-23. https://www.usbank.com/splash/business-checking/spring-online-banking-bonus.html?ecid=PS_57012&c3api... Disclosures Promo code Q2BUS23 MUST be used when opening the business checking account. Limit of one Business Checking bonus per business. A $100 minimum deposit is required to open a U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Checking account. Earn your $500 Business Checking bonus by opening a new U.S. Bank Silver, Gold, Gold with Interest or Platinum Business Chec

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11/26/20 - US Bank $100 Or $50 Savings Acct Bonus
9/3/17 - U.S. Bank Chicagoland CD Specials - 2.05% 59-Month
7/8/17 - US Bank Offers $200 Summer Checking Bonus
6/30/16 - It's Time For US Bank's $150 "Summer Bank Bonus 2016"
6/28/15 - Earn $125 with US Bank's Power Up 2015 New Checking Account Bonus
7/23/14 - US Bank's "Power Up Your Summer" with $150 Bonus for New Checking
7/17/14 - US Bank $150 Bonus
12/6/12 - U.S. Bank To Launch Photo Bill Payment In 2013
10/1/12 - $200 US Bank Checking Account Bonus - YMMV
8/16/12 - $150 US Bank Checking Account Bonus - YMMV
11/14/11 - U.S. Bank's New Mobile Banking Fees
10/31/11 - Competitive 59-Month CD Rate at US Bank - Available Nationwide
10/28/11 - CD Increase
8/24/11 - Real-Time Alerts Now Available For U.S. Bank ATM And Check Card Customers
6/24/11 - Making Popmoney Payments Is A Snap At US Bank
6/2/11 - US Bank Hits IRA Customers with Higher Fees
3/22/11 - New US Bank Checking Fees
3/22/11 - Special 19-Month CD Rate at US Bank in Southern California
3/4/11 - U.S. Bank S.T.A.R.T Savings Plan
2/24/11 - US Bank Will Launch Its Online Check Deposit Service, DepositPoint, In March
1/24/11 - US Bank CEO Hints That They May End Free Checking
12/28/10 - Competitive Long-Term CD Rates at US Bank
12/14/10 - Remote Deposit Now Available At US Bank For Existing Customers
10/28/10 - US Bank's $15 Bonus For Using Its Online Bill Pay
10/24/10 - 2.50% 5-Year CD At US Bank
9/23/10 - Score $75 For FREE From U.S. Bank!
8/2/10 - $150 Checking Account Bonus At US Bank - YMMV
5/23/10 - US Bank is Adding Remote Deposit Capability - DepositPoint
5/21/10 - Competitive Special CD Rates at US Bank - Available Nationwide
9/16/09 - US Bank's New Savings START Program and Review of Other Savings Programs
8/13/09 - 2.25% 12-Month CD at Bank USA in Arizona - Local Only
7/24/09 - 4.00% 59-Month CD at US Bank Branches in California
4/22/09 - Short-Term CD Rates Up to 2.70% at FBOP Corp Banks in CA, AZ, IL, TX
4/12/09 - 4.00% 59-Month CD at US Bank Branches in CA, MO & Maybe Other States
4/6/09 - Up to $160 Checking Account Bonus at FBOP Banks in CA, TX, AZ & IL
3/13/09 - 4.25% 59-Month CD at US Bank Continues in CA - Benefit of Opening CD at Downey Savings Branches
2/23/09 - 4.25% 59-Month CD & 2.50% 10-Month CD at US Bank in California
2/16/09 - 4.00% 59-Month CD at US Bank
10/19/08 - Another $75 Checking Account/Debit Card Bonus at US Bank
9/17/08 - $75 Checking Account/Debit Card Bonus at US Bank
8/27/08 - Up to $150 Checking Bonus at Cal National Bank in Southern California
7/29/08 - $100 Checking Account Bonus at US Bank in Milwaukee, St. Louis and Cincinnati
6/27/08 - 5.00% 59-Month / 4.75% 45-Month CD at US Bank
4/24/08 - 4.50% 59-Month CD at US Bank
3/3/08 - $75 Checking Account Bonus at an Illinois Branch of US Bank
9/7/07 - $75 Checking Account Bonus at US Bank in Washington State
1/24/07 - 5.35% 11-Month CD at a Chicago Bank (Park National)
3/13/06 - 5.00% 6-Month CD at a California Bank

Reviews (153)

Best Bank Ever

Posted by: |

I love love love this bank and all the employees.
They are committed to service and finding ways to help you. They are professional and have good expertise. Their teamwork is admirable, and the culture of the bank is supportive; they help each other solve problems for clients happily. I live close to them and go there a lot for all of my banking needs.

Not Really Available Nationwide

Posted by: |

Tried to open easy checking account and was declined. Called customer service, spoke to a really lovely young lady named Jessica, who advised that since I was out of their market area, I couldn't open the easy checking account unless I had other accounts with them, such as credit cards, etc.

Interest Rates

Posted by: |

did not honor interest rates do not trust will update if resolved

It Is Not Safe To Keep Your Money And Personal Information With US Bank

Posted by: |

Simply because of an one-time check returned for insufficient funds, without any withdraw, caused by another bank's mistake, U.S Bank knowingly violated the law Regulation CC and the Deposit Account Agreement to withhold all my money for 43 days, no matter how I begged it to stop or demanded the money; and sat back to watch me suffering extreme financial hardship because of its withholding money, emotional distress caused by the financial hardship, and physical sickness resulted from the emotional distress until the Consumer Financial Protection Bureau stepped in to stop its behavior.

I filed a lawsuit to seek damages. In order to cover up the bank's misconduct, U.S Bank's Vice President Ms. Jannette Duenas knowingly made false statements under oath. On December. 26, 2019, Ms. Duenas filed an affidavit and swore under oath to make up a story that “someone had tried to fraudulently transfer funds into Plaintiff’s checking account and U.S Bank put a hold on the account to investigate that potential fraud”; and on March 25, 2022, during the trial, Ms. Duenas made up a different story under oath that the bank put a hold on the account to investigate a “Check Kiting”. The Illinois trial court found the perjury by U.S Bank's Vice President Ms. Jannette Duenas, ruled U.S Bank violated the law Regulation CC, and awarded the maximum civil penalty of $1000 (Case No. 20191013640).

U.S Bank also violated the Illinois Personal Information Act to disseminate my sealed medical records to the public.



Health Grade Components

FDIC Certificate #6548
Year Established1863
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD10.89%
Annual Interest Income$22.02B
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$657.2B$591.2B
LoansQ3 2023vs Q3 2022$370.4B$340.3B
DepositsQ3 2023vs Q3 2022$529.9B$484.2B
Equity CapitalQ3 2023vs Q3 2022$59.54B$42.07B
Loan Loss AllowanceQ3 2023vs Q3 2022$7.22B$6.02B
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.78B$970.8MM
Real Estate OwnedQ3 2023vs Q3 2022$25.3MM$24.2MM
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Always verify rates and promotions with the bank or credit union. We are not U.S. Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

U.S. Bank Savings Account Rates

0.01%--Standard Savings

U.S. Bank Money Market Rates

4.60%$25k$3mPlatinum Business Money Market - Bonus Rate
4.50%$25k-Elite Money Market - Bonus Rate
1.15%*$1m*-Platinum Business Money Market
OTHER TIERS: 0.05% Up to $50k | 0.25% $50k - $250k | 0.60% $250k - $1m
1.15%*$1m*-Preferred Business Money Market
OTHER TIERS: 0.05% $1k - $50k | 0.25% $50k - $1m
0.25%*$25k*-Elite Money Market
OTHER TIERS: 0.01% Up to $25k
0.01%--Premium Business Money Market

U.S. Bank Checking Account Rates

0.01%--Premium Business Checking with Interest
0.01%--Gold Business Checking Package with Interest
0.01%--Non-Profit Checking

U.S. Bank CD Rates

5.05%$1k$250k9 Month CD Special
5.05%$1k$250kBusiness 9 Month CD Special
4.40%$1k$250k7 Month CD Special
4.40%$1k$250kBusiness 7 Month CD Special
4.30%$1k$250kBusiness 11 Month CD Special
4.30%$1k$250k11 Month CD Special
4.20%$1k-15 Month CD Special
4.20%$1k-Business 15 Month CD Special
4.10%$1k$250k19 Month CD Special
4.10%$1k$250kBusiness 19 Month CD Special
0.40%$1k$250k60 Month Trade-Up CD
0.40%$1k$250kBusiness 60 Month Trade-Up CD
0.35%$1k$250k28 Month Step Up CD
0.35%$1k$250kBusiness 28 Month Step Up CD
0.25%$500$250k60 Month CD
0.25%$500$250kBusiness 60 Month CD
0.15%$500$250k48 Month CD
0.15%$500$250kBusiness 48 Month CD
0.10%$500$250k36 Month CD
0.10%$1k$250k30 Month Trade-Up CD
0.10%$1k$250kBusiness 30 Month Trade-Up CD
0.10%$500$250kBusiness 36 Month CD
0.05%$500$250k1 Month CD
0.05%$500$250k2 Month CD
0.05%$500$250k3 Month CD
0.05%$500$250k6 Month CD
0.05%$500$250k9 Month CD
0.05%$500$250k12 Month CD
0.05%$500$250k18 Month CD
0.05%$500$250k24 Month CD
0.05%$500$250kBusiness 1 Month CD
0.05%$500$250kBusiness 2 Month CD
0.05%$500$250kBusiness 3 Month CD
0.05%$500$250kBusiness 6 Month CD
0.05%$500$250kBusiness 9 Month CD
0.05%$500$250kBusiness 12 Month CD
0.05%$500$250kBusiness 18 Month CD
0.05%$500$250kBusiness 24 Month CD


Minneapolis Area

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