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]

Core Viewpoint - Webster Financial Corporation has announced a reduction in its prime lending rate from 7.00 percent to 6.75 percent, effective December 11, 2025 [1] Company Overview - Webster Financial Corporation is the holding company for Webster Bank, N.A., founded in 1935 and headquartered in Stamford, Connecticut [1] - The company operates as a values-driven organization with assets exceeding $80 billion [1]

Core Viewpoint - U.S. Bancorp has reduced its prime lending rate from 7.50 percent to 7.25 percent, effective September 18, 2025, across all U.S. Bank locations [1]. Company Overview - U.S. Bancorp employs approximately 70,000 individuals and holds assets totaling $686 billion as of June 30, 2025 [1]. - The company is headquartered in Minneapolis and serves millions of customers on local, national, and global scales [1].