1. A rich heritage of strong, successful partnerships
U.S. Bank Overview May 2015
A rich heritage of strong, successful partnerships
Credit products offered by U.S. Bank National Association are subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC. ©2015 U.S. Bank National Association.

2. U.S. Bank at a glance
million 67
employees
assets A+
S&P1
5th
Moody’s1
EST
branches
thousand
million customers AA
DBRS** #1
in ROE, ROA, and Efficiency Ratio among our peer banks2
largest commercial bank in the U.S.
18.5
$410B
3,172
loans
$245B
1863
$287B A1
deposits
1. The debt ratings established for U.S. Bancorp by Moody's and Standard and Poor’s reflect the rating agencies' recognition of the strong, consistent financial performance of the Company and the quality of the balance sheet. As of 4/23/ Peer Banks: BAC, BBT, FITB, JPM, KEY, PNC, RF, STI, USB, WFC. Source: U.S. Bancorp Corporate Profile, period ending March 31, 2015.
Credit products offered by U.S. Bank National Association. Deposit products offered by U.S. Bank National Association. Member FDIC. ©2015 U.S. Bank. All trademarks are the property of their respective owners.

3. U.S. Bancorp Market Presence
5th largest U.S. commercial bank
18.5 million customers
Global presence in more than 30 countries
Asset Size $410 billion
Deposits $287 billion
Loans $245 billion
As of 3/31/15. Credit products subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC.
Investments and insurance are:
Not a deposit
Not FDIC Insured
Not guaranteed by the bank
May lose value
Not insured by any federal government agency

4. Total Assets and Market Value
U.S. Rank
U.S. Rank
Company
$ Billions
Company
$ Billions
1 J.P. Morgan $2,577
2 Bank of America 2,144
3 Citigroup 1,832
4 Wells Fargo 1,738
5 U.S. Bancorp 410
6 PNC 351
7 SunTrust 190
8 BB&T 189
9 Fifth Third 140
10 Regions 122
1 Wells Fargo $283
2 J.P. Morgan 233
3 Bank of America 165
4 Citigroup 161
5 U.S. Bancorp 76
6 PNC 48
7 BB&T 27
8 SunTrust 21
9 Fifth Third 16
10 Regions 13
Add slide notes for RMs:
Why is being #5 important/unique? What advantage does it give us?
How does the client benefit from us being #5?
Source: company reports & FactSet.
Assets as of March 31, 2015; Market Value as of 4/23/15. 4

5. Strong Credit Ratings USB A1 s A+ AA- AA Holding Company Moody’s S&P
Fitch
DBRS
Rating
Outlook
USB A1 s A+
AA- AA
WFC A2 on
BBT wn A-
A (high)
JPM A3 A
PNC
BAC
Baa2 wp
A (low)
FITB
Baa1
BBB+
STI op
KEY
BBB (high) RF
Ba1
BBB
op=outlook positive
on=outlook negative
s=outlook stable
wu=watch uncertain
wn=watch negative
wp=watch positive
As of 4/23/15. The debt ratings established for U.S. Bancorp by Moody’s, Standard and Poor’s, Fitch and DBRS reflect the rating agencies’ recognition of the strong, consistent fnancial performance of the Company and the quality of the balance sheet. 5 5

6. Diversified Revenue Mix by Business Line
Revenue by Business Line 1Q15, taxable-equivalent basis. Excluding securities gains (losses) net. Excludes Treasury and Corporate Support.
Member FDIC. 6 6

7. Let our reputation for excellence enhance yours
“The Most Admired Superregional Bank” five years in a row
– Fortune, March, 2011, 2012, , 2014 and 2015
Named U.S. Bancorp (only U.S. bank) to its list of “World’s Strongest Banks”
– Bloomberg Markets, June, 2014
#1 most trusted bank in consumer protection for seven years in a row*
– Ponemon Institute, October, 2013
“One of the Most Reputable Companies”
– Forbes, April, 2012, 2013 and 2014
*U.S. Bank ranked number one on Ponemon list since 2006.
U.S. Bank National Association. Member FDIC. ©2015 All trademarks are the property of their respective owners. 7 7

8. IBOS Business Development Contacts
Phillip Vuong, VP
Inbound Referrals
International Relationship Manager
Lola Burns
Outbound Referrals
Foreign Bank Liaison
Treycie White, CTP
Vice President
IBOS BD Representative
International Treasury
Management Consultant
Denise Flores, CTP
Vice President
International Treasury
Management Consultant