U.S. Bank Decreases Prime Lending Rate to 6.75 Percent

Company Overview - U.S. Bancorp has approximately 70,000 employees and $695 billion in assets as of September 30, 2025 [2] - The company is headquartered in Minneapolis and serves millions of customers through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments, and wealth management [2] - U.S. Bancorp has been recognized for its digital innovation, community partnerships, and customer service, being named one of the 2025 World's Most Ethical Companies and one of Fortune's most admired superregional banks [2] Recent Developments - U.S. Bancorp announced a decrease in its prime lending rate to 6.75 percent from 7.00 percent, effective December 11, 2025, at all U.S. Bank locations [1]