US Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.50% | 5-year CD | 59 Month CD Special 2.25% - Ally Bank High Yield 5 Year CD |
| 1.25% | 3-year CD | 37 Month CD Special 1.60% - Ally Bank High Yield 3 Year CD |
| 1.15% | 18-month CD | 19 Month CD Special 1.35% - Ally Bank High Yield 18-Month CD |
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
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
Amazing Experience!!
I opened an Gold Checking Account with them and closed it and transferred out the funds about a year later, only because I very seldom used it. About a week later, I received a check in the mail from US Bank for $0.02!! Apparently this was for the accrued but unposted interest which my account had earned when I closed it. I have never dealt which such an ETHICAL bank!! Even if they were legally required to return the $0.02 to me, obviously I couldn't have cared less had they just kept it. For its honesty, US Bank deserves 5 stars!!
Fantastic!
I have had nothing but good experiences with US Bank online in the 15 years I have banked there. I use the bill pay feature to pay bills and also send money to people for different reasons. I also have my business account with US bank and it is connected together with my personal account so when I log in I can see account information for both accounts at once. Recently, I got aa message telling me if I change the type account I have, I can reduce the minimum balance requirement for no fee on my checking account. IO didn't ask about it, they just notified me on their own volition. On the down side, their money market accounts are not as competitive as other online banks. They require a larger balance and pay slightly less rates.
US Bank checking account
I have a checking account with US Bank that I've had now for about 6 years. I've never had any issue with them and the services I get are decent. I pay about 15 dollars a month and have a bill pay service through them which is covered by that monthly fee. I also have auto-payments set up for my other accounts with them and direct deposit of my paycheck into my checking account. I use that account and the debit card they give me to make other purchases and payments online. I once had an issue where my card number was stolen and used, but they were very quick to identify the fraud and contacted me before I even knew it had occurred. They had prevented the funds from being withdrawn and waited for confirmation from me that I had made the purchases, which I had not. They were quick to replace my card and their vigilance saved me time and money. I was very happy with that interaction.
Mixed feelings about this bank
I went to US Bank to open a basic checking account with them. I waited for 10-15 minutes before a banker acknowledged me. Eventually he began to help me with the process of opening a new account. While he reviewed my identification card and other paperwork I needed to give him, I was told it was not wise to bank with them as he believed I didn't have "enough" money to cover the monthly maintenance fees. I was surprised, because I never heard of a bank rejecting a new customer for that reason. It wasn't his business to tell me that and the only job he had to do was open the account, and let me worry if I didn't have money to keep my account open and in the positive. I was appalled and left the place angry. I eventually did sign up online with no issues and the person who helped me was very efficient and did their duties as an employee. I will avoid going to that local branch as much as I can, because I do not support unsatisfactory experiences/duties.
Data as of Q4 2016
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6548 |
| Year Established | 1863 |
| Employees | 70030 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.31% |
| Return on Equity - YTD | 12.86% |
| Annual Interest Income | $12.95B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2016vs Q4 2015 | $441B$417.5B |
| Loans | Q4 2016vs Q4 2015 | $273.4B$259.1B |
| Deposits | Q4 2016vs Q4 2015 | $343.1B$310.4B |
| Equity Capital | Q4 2016vs Q4 2015 | $45.34B$42.19B |
| Loan Loss Allowance | Q4 2016vs Q4 2015 | $3.81B$3.86B |
| Unbacked Noncurrent Loans | Q4 2016vs Q4 2015 | $2.09B$1.99B |
| Real Estate Owned | Q4 2016vs Q4 2015 | $186.1MM$280.1MM |
Always verify rates and promotions with the bank or credit union. We are not US 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.
US Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.12%*† | $50k* | - | Business Savings Sweep | ||
| OTHER TIERS: 0.08% → Up to $10k | 0.10% → $10k - $50k | |||||
| 0.01%† | - | - | Standard Savings | ||
| 0.01%† | - | - | Goal Savings | ||
| 0.01%† | - | - | Star Savers Club | ||
| 0.01%† | - | - | Basic Business Savings | ||
US Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%*† | $5k* | - | Retirement Money Market Savings - Bonus Rate | ||
| OTHER TIERS: 0.55% → Up to $5k | |||||
| 0.18%*† | $100k* | $1m | Platinum Business Money Market - Bonus Rate | ||
| OTHER TIERS: 0.10% → Up to $5k | 0.13% → $5k - $100k | |||||
| 0.13%*† | $100k* | $1m | Platinum Business Money Market | ||
| OTHER TIERS: 0.05% → Any amount | 0.08% → $5k - $100k | |||||
| 0.10%*† | $50k* | - | Platinum Select Money Market Savings | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.06% → $10k - $50k | |||||
| 0.10%*† | $5k* | - | Retirement Money Market Savings | ||
| OTHER TIERS: 0.05% → Up to $5k | |||||
| 0.10%*† | $500k* | $1m | Premium Business Money Market | ||
| OTHER TIERS: 0.05% → Any amount | 0.08% → $20k - $500k | |||||
| 0.10%*† | $100k* | $1m | Preferred Business Money Market | ||
| OTHER TIERS: 0.01% → Up to $20k | 0.05% → $1mm+ | 0.08% → $20k - $100k | |||||
| 0.07%*† | $50k* | - | Package Money Money Market Saving | ||
| OTHER TIERS: 0.04% → Up to $10k | 0.05% → $10k - $50k | |||||
| 0.06%*† | $50k* | - | Elite Money Market | ||
| OTHER TIERS: 0.04% → Up to $10k | 0.05% → $10k - $50k | |||||
| 0.05%*† | $10k* | - | Standard Money Market | ||
| OTHER TIERS: 0.04% → Up to $10k | |||||
US Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.05%† | - | - | Non-Profit Checking | ||
| 0.02%*† | $50k* | - | Premium Checking | ||
| OTHER TIERS: 0.01% → Up to $50k | |||||
| 0.02%*† | $10k* | - | Platinum Checking | ||
| OTHER TIERS: 0.01% → Up to $10k | |||||
| 0.01%† | - | - | Premium Business Checking with Interest | ||
| 0.01%† | $20k | - | Gold Business Checking Package with Interest | ||
US Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50%† | $1k | $250k | 59 Month CD Special | |
| 1.50%† | $1k | $250k | Business 59 Month CD Special | |
| 1.25%† | $1k | $250k | 37 Month CD Special | |
| 1.25%† | $1k | $250k | Business 37 Month CD Special | |
| 1.15%† | $1k | $250k | 19 Month CD Special | |
| 1.15%† | $1k | $250k | Business 19 Month CD Special | |
| 1.01%† | $1k | $250k | Business 11 Month CD Special | |
| 1.01%† | $1k | $250k | 11 Month CD Special | |
| 0.80%† | $1k | $250k | 60 Month Trade-Up CD | |
| 0.80%† | $1k | $250k | Business 60 Month Trade-Up CD | |
| 0.75%† | $500 | $250k | 60 Month CD | |
| 0.75%† | $500 | $250k | Business 60 Month CD | |
| 0.50%† | $500 | $250k | 48 Month CD | |
| 0.50%† | $500 | $250k | Business 48 Month CD | |
| 0.40%† | $1k | $250k | 30 Month Trade-Up CD | |
| 0.40%† | $1k | $250k | 28 Month Step Up CD | |
| 0.40%† | $1k | $250k | Business 28 Month Step Up CD | |
| 0.40%† | $1k | $250k | Business 30 Month Trade-Up CD | |
| 0.35%† | $500 | $250k | 36 Month CD | |
| 0.35%† | $500 | $250k | Business 36 Month CD | |
| 0.20%† | $500 | $250k | 24 Month CD | |
| 0.20%† | $500 | $250k | Business 24 Month CD | |
| 0.15%† | $500 | $250k | 18 Month CD | |
| 0.15%† | $500 | $250k | Business 18 Month CD | |
| 0.10%† | $500 | $250k | 12 Month CD | |
| 0.10%† | $500 | $250k | Business 12 Month CD | |
| 0.05%† | $500 | $250k | 1 Month CD | |
| 0.05%† | $500 | $250k | 2 Month CD | |
| 0.05%† | $500 | $250k | 3 Month CD | |
| 0.05%† | $500 | $250k | 6 Month CD | |
| 0.05%† | $500 | $250k | 9 Month CD | |
| 0.05%† | $500 | $250k | Business 1 Month CD | |
| 0.05%† | $500 | $250k | Business 2 Month CD | |
| 0.05%† | $500 | $250k | Business 3 Month CD | |
| 0.05%† | $500 | $250k | Business 6 Month CD | |
| 0.05%† | $500 | $250k | Business 9 Month CD |
US Bank has 3,205 locations. Click to view all US Bank locations.