US Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.75% | 5-year CD | |
| 2.25% | 3-year CD | 1.82% - National Average |
| 2.00% | 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
7/8 - US Bank Offers $200 Summer Checking Bonus
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
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!!
US Bank
US Bank has a very good mobile app. I also enjoyed using their website from time to time. Their in branch experience is not as great. I always felt like the tellers were turning their nose up at me which I did not appreciate. A lot of the time no one even looked up to acknowledge that I had entered the building. I liked everything else except being treated less than human.
Not a fan
I would not recommend this bank. I have had a lot of bad experience over the several years I banked with them. They actually went though a class action lawsuit due to the outrageous fees they charge for overdraft. They would make your deposits and purchases "pending" for days on end. Even though your deposit was put in first they would take out all your charges first and then charge you numerous overdraft fees prior to adding the deposit. I finally closed my account with them and moved to a credit union and have since had zero issues.
HORRIBLE THIEVES
I am a permanently disabled senior, I put 6 - 100 dollars in Reno main branch drive up machine on Friday afternoon but after several seconds it displayed error with making deposit, but I thought it would return my bills but it did NOT return my money ... instead gave me long receipt with a phone number to call claiming the machine error'ed. I immediately pulled over and called spoke to a very nice lady where she explained it might get credited during that nights processing. So I agreed to wait until Sat morning to see if it got credited and then file a claim like she suggested. She spoke about provisional credit, putting a special notation, she offered to contact branch mgr but since it was Friday they may not be available, she was very nice but I felt confident processing would surely count (simple addition (money in) subtraction, (money out) & catch the error see that machine was over 600.00 so I went home. Sat I call the number again. I got a man whose name was Kaiser .. he was horrible, he spoke so monotone and cold, even rude. Put me on hold, got back on and after he said he filed a claim he then told me it would take longer than 10 days - I said NO. I can't even wait 10 days, its X-mas and I live on $1,400 a month. He was extremely non compassionate, clearly he didn't care, he wouldn't even let me wait on hold for a supervisor. Told him I live on Social Security, it is 3 days before X-mas, I can't even and shouldn't even wait 10 days but now he is telling me legally it could take longer? I said NO about 5 times and asked for his supervisor. He truly didn't care, I asked for his supervisor 10 more times, didn't want to listen to him any longer and then he said he was going to disconnect me, told me I couldn't remain on hold that all his supervisors were helping other callers. He said I couldn't remain on hold that he had other callers he needed to take - again that all his supervisors were busy (what does that tell you), this is a special call center not main U.S. BANK number and if they have that many callers, supervisors can't take new callers they are so busy, how many other U.S. bank customers are being cheated out of their money. Crying - feeling sick I told him I get poor reception, live in a valley cannot get calls sometimes, I did not want someone calling me back, I wanted to remain on hold to speak to a supervisor. He again said NO. I have NEVER had a company treat someone who has been victimized or had their money stolen treat them like this. He said NO I cannot remain on hold, again telling me he had to take other callers like my time was not important or a concern. I got dressed to personally go down to the main branch, got online, main branch closed on Sat so Monday being the day before X-mas will go down there then. HORRIBLE BANK always has been and getting worse each year. Been with them over 10 years. NO ONE holds them accountable, yeah gov will say there are banking regulations but those regulations do NOT hold people accountable to deter this type of HORRIBLE treatment, stealing people's money, no concern. Other friends and relatives have had problems. One stopped using debit card because a company was deducting money and a year later, new card U.S. bank allowed this same bad off shore company to deduct small amounts from their account without their permission. Once before this bank had a processing person supposedly steal large amount from a machine envelope deposit, later manager said they found the error/money but customer had to get returned checks, and amounts charged to customer reversed. My advocate advice, to ANY ONE is ...... DO NOT do business with this bank, there are other NICE banks, smaller local ones even credit unions that WILL treat you like a valued customer, not misuse or steal money from you. I know, MY FAULT for continuing to use them, opened a different account with a very nice bank. Wrote to Minneapolis several times years before with Aunt's account, they don't care. SO PEOPLE BEWARE ....
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6548 |
| Year Established | 1863 |
| Employees | 72693 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.55% |
| Return on Equity - YTD | 15.06% |
| Annual Interest Income | $11.79B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $456B$452.3B |
| Loans | Q3 2018vs Q3 2017 | $281.7B$278B |
| Deposits | Q3 2018vs Q3 2017 | $342.9B$353.9B |
| Equity Capital | Q3 2018vs Q3 2017 | $47.08B$45.85B |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $3.95B$3.91B |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.42B$1.64B |
| Real Estate Owned | Q3 2018vs Q3 2017 | $99.9MM$164.7MM |
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 | |
|---|---|---|---|---|---|
| 0.35%*† | $1m* | - | Business Savings Sweep | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.08% → $10k - $50k | 0.20% → $50k - $1m | |||||
| 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 | |
|---|---|---|---|---|---|
| 0.70%*† | $500k* | $1000k | Platinum Business Money Market - Bonus Rate | ||
| OTHER TIERS: 0.25% → Up to $5k | 0.26% → $5k - $50k | 0.40% → $50k - $100k | 0.45% → $100k - $250k | 0.50% → $250k - $500k | |||||
| 0.60%*† | $5k* | - | Retirement Money Market Savings - Bonus Rate | ||
| OTHER TIERS: 0.55% → Up to $5k | |||||
| 0.60%*† | $1m* | - | Platinum Business Money Market | ||
| OTHER TIERS: 0.05% → Up to $5k | 0.06% → $5k - $50k | 0.20% → $50k - $100k | 0.25% → $100k - $250k | 0.30% → $250k - $500k | 0.50% → $500k - $1m | |||||
| 0.50%*† | $500k* | - | Platinum Select Money Market Savings | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.30% → $10k - $50k | 0.40% → $50k - $500k | |||||
| 0.30%*† | $1m* | - | Premium Business Money Market | ||
| OTHER TIERS: 0.05% → Up to $20k | 0.06% → $20k - $500k | 0.08% → $500k - $1m | |||||
| 0.18%*† | $100k* | - | Preferred Business Money Market | ||
| OTHER TIERS: 0.01% → Up to $20k | 0.06% → $20k - $100k | |||||
| 0.10%*† | $5k* | - | Retirement Money Market Savings | ||
| OTHER TIERS: 0.05% → Up to $5k | |||||
| 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%*† | $20k* | - | Premium Business Checking with Interest | ||
| OTHER TIERS: 0.01% → Up to $20k | |||||
| 0.05%† | - | - | Non-Profit Checking | ||
| 0.01%† | - | - | Premium Checking | ||
| 0.01%† | - | - | Platinum Checking | ||
| 0.01%† | $20k | - | Gold Business Checking Package with Interest | ||
US Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75%† | $1k | $250k | 59 Month CD Special | |
| 2.75%† | $1k | $250k | Business 59 Month CD Special | |
| 2.25%† | $1k | $250k | 37 Month CD Special | |
| 2.25%† | $1k | $250k | Business 37 Month CD Special | |
| 2.00%† | $1k | $250k | 19 Month CD Special | |
| 2.00%† | $1k | $250k | Business 19 Month CD Special | |
| 1.75%† | $1k | $250k | Business 11 Month CD Special | |
| 1.75%† | $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 |
