chase bank hours of operation christmas eve

Date, Holiday, Status. January 1, 2021, New Year's Day, Closed. January 18, 2021, Martin Luther King Birthday, Closed. February 16, 2021, Mardi Gras. Fedwire Funds Service Schedule. Each calendar day that is not a holiday observed by the Federal Reserve Banks is a funds- transfer business day. No, All branch of Chase Bank will be closed on Good Friday. Are Chase banks open on Black Friday? No, All Chase Bank's branch will be closed on Black Friday? chase bank hours of operation christmas eve

watch the thematic video

Man jailed for cashing Chase check at Chase Bank

Chase bank hours of operation christmas eve -

Not FDIC Insured

Processing may take longer

Electronic bank transfers are routed through the Federal Reserve, so they don't advance on holidays when the Fed is closed. (The same goes for weekends.) Thus, banking business you do online on a holiday will not start processing until the next business day.

Similarly, if it typically takes, say, two or three business days for a check deposit to clear or for a payment to process, the holiday won't count toward those days.

The day of the week matters

By law, five of the 10 Federal Reserve holidays — Martin Luther King Jr. Day; Washington's Birthday, or Presidents’ Day; Memorial Day; Labor Day; and Columbus Day — always take place on a Monday. The rest occur on fixed dates and periodically fall on a Sunday. In that instance, the Fed observes the holiday on the following Monday (as it did for Independence Day in 2021), and banks often do the same.

If a holiday falls on a Saturday, the Fed does not observe it on the Friday before.

Schedules may differ by state

Some states have distinct holidays of their own or observe holidays that are not on the federal calendar, such as Good Friday, the day after Thanksgiving or Christmas Eve. Bank branches in your state might close or operate with shorter hours on those days.

Источник: https://www.aarp.org/money/investing/info-2021/federal-bank-holidays.html

Hours & Admission

Advance ticket purchase is required to help ensure the safety of museum staff and visitors.

HOURS: TUE, WED, SAT, SUN 10am - 5pm, THU & FRI 12 - 7pm.

The museum is closed on June 19th, July 4th, Thanksgiving Day, Christmas Eve, Christmas Day, New Year's Eve, and New Year's Day.

Admission is free on Chase Free Sunday (10 am–5 pm) and Free After Five Presented by Chase on Thursdays and Fridays (5–7 pm).

Regular Admission Ticket

Chase Free Sunday Ticket

Free After Five Ticket

Masks required

Museum admission is not refundable. If you are no longer able to make the day you reserved, contact Visitor Services at museum@risd.edu to change the date of your ticket.

Museum Admission

MembersFree
Adults$17
Senior citizens (62+)$12
Youth (18 & under)Free
College students$8 with valid college ID
Staff, faculty, & students of RISD or member institutionsFree with valid college ID

Discounted admission

We are proud to offer admission discounts for select patrons. Tickets must be obtained at the Visitor Services desks upon arrival. Please be prepared to show the appropriate ID. If you have questions or require assistance, call Visitor Services @ 401-709-8402. 

  • Active-duty U.S. military personnel and their families year-round
  • Admission for up to four people for Electronic Benefits Transfer (EBT) cardholders with ID, as part of the Museums for All program.
  • AMRN and NARM membership benefits from partner institutions in our reciprocal networks
  • Jury duty
  • Bank of America cardholders (Museums on Us weekends only)
  • Chase Bank cardholders (Sundays only)
  • AAA members

Getting Here

By Bike

Bike racks are available at 224 Benefit Street

By Bus

The Museum is easily accessible by state- and city-wide bus services and is located .2 miles from the Kennedy Plaza bus station. Bus information can be accessed here.

Visiting school or charter buses can drop passengers off at 20 North Main Street.
Short term bus parking is available at Roger Williams National Memorial Park at 282 North Main Street.

By Car

Discounted parking is available to Museum visitors at all Metropark locations. The closest lot is Metropark Location P5: South Main St Lot at 131 Canal St. Parking is also available at metered spots on adjacent streets. Visitors may park for free at RISD faculty/staff lots on weekends.

Источник: https://risdmuseum.org/hours-admission

Are Banks Open on Christmas Eve and Christmas Day?

Banking / Banks

Christmas online banking

sturti / iStock.com

When you’re rushing around until the last minute trying to check off every item on your holiday to-do list, getting to the bank might fall to the bottom. So it’s always helpful to know what’s open over the Christmas holidays in case you have last-minute banking needs. Although most banks aren’t closed on Christmas Eve, you probably won’t be able to bank at a branch on Christmas Day.

Read on to find out which banks are open during the Christmas holidays.

Are Banks Open on Christmas Day?

Christmas is a standard Federal Reserve bank holiday and the last bank holiday for 2020, so all banks will be closed on Dec. 25, Christmas Day.

Banks Open on Christmas Eve

Although yours might be closed on Christmas Day, some bank branches will be open for limited or regular hours on Christmas Eve. Here are some banks that will be open on Christmas Eve, Dec. 24:

  • Bank of America: Most branches open 9 a.m. to 2 p.m.
  • Bank of the West: Branches open 9 a.m. to 2 p.m.
  • BBVA: Branches open 9 a.m. to 1 p.m.
  • BB&T: Branches open 9 a.m. to 2 p.m.
  • BMO Harris Bank: Branches open 8 a.m to 12-3 p.m., depending on location
  • Capital One: Branches open 9 a.m to 2 p.m.
  • Chase: Branches open 9 a.m. to 3 p.m.
  • Citizens Bank: Branches open 10 a.m. to 2-3 p.m., depending on location
  • Fifth Third Bank: Branches open 9 a.m. to 2 p.m.
  • Huntington: Branches open 9 a.m. to 2 p.m.
  • KeyBank: Branches open 9 a.m. to 1 p.m.
  • People’s United Bank: Branches open 9 a.m. to 3 p.m.
  • PNC Bank: Branches open 11 a.m. to 2 p.m.
  • Regions: Branches open 9 a.m. to 12 p.m.
  • Santander Bank: Branches open 9 a.m. to 3 p.m.
  • SunTrust: Branches open 9 a.m. to 2 p.m.
  • TD Bank: Many branches open 8 a.m. to 3 p.m.
  • UBank: Branches open 9 a.m. to 1 p.m.
  • Union Bank: Many branches open 9 a.m. to 1 p.m.
  • U.S. Bank: Branches open 10 a.m. to 2 p.m., but hours vary widely
  • Wells Fargo: Branches open 9 a.m. to 3 p.m.

Most banks observe pre-holidays with operating hours that differ from their usual schedules. Also, some banks have closed certain branch lobbies or imposed restrictions on the types of transactions you can make due to the pandemic. Be sure to call your local branch to confirm its hours of operation on Christmas Eve.

How Can I Access My Money If My Bank Is Closed?

Just because your bank closes early doesn’t mean you won’t be able to access your funds. Many ATMs are available 24/7 and only require that you know your PIN. In the event that your checking account balance is running low but a friend or family member can loan you enough money to get you through the holiday, have them send you a payment through a mobile banking app or a peer-to-peer payment app like Venmo.

If you need to get a money order, you still have options even if your bank closes early on Christmas Eve. Walmart, for example, offers money orders at its Supercenter and Neighborhood Market stores, which are generally open later than banks on Christmas Eve. But Walmart will only cash MoneyGram money orders.

2021 Bank Holidays

Banks shuttering for a federal holiday means you’ll need to do some planning if you bank at brick and mortar locations often. Here’s a complete list of 2021 federal bank holidays to help you schedule your visits.

2021 Bank Holidays
HolidayDate
New Year’s DayJan. 1
Martin Luther King Jr. DayJan. 18
Presidents DayFeb. 15
Memorial DayMay 31
Independence DayJuly 4
Labor DaySept. 6
Columbus DayOct. 11
Veterans DayNov. 11
Thanksgiving DayNov. 25
Christmas DayDec. 25

Holiday banking can be a little tricky, especially during a pandemic. But some advance planning and research into your bank’s Christmas schedule will help you keep your finances on track this holiday season.

Taylor Bell and Daria Uhlig contributed to the reporting for this article.

Bank hours vary by location and are subject to change. Always call your local branch to confirm.

About the Author

Sean joined the GOBankingRates team in 2018, bringing with him several years of experience with both military and collegiate writing and editing experience. Sean’s first foray into writing happened when he enlisted in the Marines, with the occupational specialty of combat correspondent. He covered military affairs both in garrison and internationally when he deployed to Afghanistan. After finishing his enlistment, he completed his BA in English at UC Berkeley, eventually moving to Southern California.

Источник: https://www.gobankingrates.com/banking/banks/banks-open-on-christmas/

Are Banks Open on New Year's Day 2020? Bank of America, Chase and Wells Fargo Holiday Hours

New Year's Day is a federal holiday and banks across the country, including the Federal Reserve, are closed on January 1.

This year New Year's Day falls on a Friday. The Federal Reserve advises: "For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday; however, the Board of Governors will be closed. For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday."

While bank offices are shut on January 1, customers can still access online banking services or ATM machines to make deposits and withdraw money.

Some banks may also be offering reduced services amid the ongoing COVID-19 pandemic. Contact your local bank for more information on any modified services and COVID-19 safety measures in place before visiting.

Several banks also offer ATM drive-thru services, which can be accessed whenever the bank is closed.

Most ATM machines are open late while some are open 24 hours. But the exact hours of operation for ATM machines may vary on New Year's Day, depending on the location. Contact your local bank before accessing an ATM machine to confirm opening hours.

Since banks are closed on January 1, customers should aim to complete their transactions before New Year's Day to avoid any banking issues. Most are open on December 31 but some may be on a reduced schedule.

Below are the banking hours at some major banks on New Year's Eve, according to GoBankingRates.com. Contact your nearest branch before visiting to confirm the exact hours as they may vary by location.

  • Bank of America: normal hours
  • Bank of the West: normal hours
  • BBVA: normal hours
  • BB&T: open 9 a.m. to 2 p.m. local time
  • BMO Harris Bank: open 8 a.m. to 5 p.m. local time
  • Capital One: normal hours
  • Chase: open 9 a.m. to 6 p.m. local time
  • Citizens Bank: open 8:30 a.m. to 5 p.m. local time
  • Fifth Third Bank: open 9 a.m. to 5 p.m. local time
  • Huntington: open 9 a.m. to 5 p.m. local time
  • KeyBank: open 9 a.m. to 1 p.m. local time
  • People's United Bank: open 9 a.m. to 4 p.m. local time
  • PNC Bank: most branches are open 11 a.m. to 2 p.m. local time
  • Regions: open 9 a.m. to 2 p.m. local time
  • Santander Bank: open 9 a.m. to 3 p.m. local time
  • SunTrust: normal hours
  • TD Bank: many branches open 8 a.m. to 6 p.m. local time
  • UBank: open 9 a.m. to 1 p.m. local time
  • Union Bank: many branches open 9 a.m. to 5 p.m. local time
  • U.S. Bank: open 9 a.m. to 3 p.m. local time
  • Wells Fargo: open 9 a.m. to 3 p.m. local time
Источник: https://www.newsweek.com/new-years-day-2020-which-banks-are-open-banking-hours-1558256

U.S. Bancorp

American bank holding company

"US Bank" redirects here. For other uses, see Bank of the United States.

U.S. Bancorp logo.svg
US Bancorp Center Minneapolis 1.jpg

U.S. Bancorp Center in Minneapolis, Minnesota; headquarters of U. S. Bancorp

Trade name

U.S. Bank
TypePublic

Traded as

NYSE: USB
S&P 100 Component
S&P 500 Component
ISINUS9029733048
IndustryBanking, Financial services
FoundedJuly 13, 1863; 158 years ago (1863-07-13)
HeadquartersU.S. Bancorp Center, Minneapolis, Minnesota, U.S.

Number of locations

3,067 branches and 4,771 automated teller machines

Key people

Andrew Cecere
(Chairman, President and CEO)
ProductsConsumer Banking, Corporate Banking, Insurance, Investment banking, Mortgage loans, Private banking, Private equity, Wealth management, Credit cards, Financial Analysis

Net income

Decrease $6.914 billion (2019)
Total assetsIncrease $558.886 billion (2021)[1]
Total equityIncrease $52.483 billion (2019)

Number of employees

69,651 (2019)
Subsidiaries
Capital ratio10.8% Tier 1 (2017)
RatingLong Term Senior Debt
Moody's: A1 (10/2016)
S&P: A+ (10/2016)
Fitch: AA (10/2016)
DBRS: AA (10/2016)
Websitewww.usbank.comEdit this at Wikidata
Footnotes / references
[2][3]

U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.[4] It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States.[5] The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States.[2] It is ranked 117th on the Fortune 500,[6] and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.[7]

U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia.[8]

History[edit]

Downtown Minneapolis; U.S. Bancorp Center is the second unobstructed tower from the left.

The U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891.[9] In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. National Bank name.[9] It changed its name to the United States National Bank of Oregon in 1964.[9]

The central part of the franchise dates from 1864, with the formation of First National Bank of Minneapolis.[9] In 1929, that bank merged with First National Bank of St. Paul (also formed in 1864) and several smaller Upper Midwest banks to form the First Bank Stock Corporation, which changed its name to First Bank System in 1968.[9]

In the eastern part of the franchise, Farmers and Millers Bank in Milwaukee opened its doors in 1853, growing into the First National Bank of Milwaukee and eventually becoming First Wisconsin and ultimately Firstar Corporation.[9] In Cincinnati, First National Bank of Cincinnati opened for business on July 13, 1863 under National Charter #24—the charter that U.S. Bancorp still operates under today, and one of the oldest active national bank charters in the nation. U.S. Bancorp claims 1863 as its founding date.[9] Despite having started up in the midst of the Civil War, First National Bank of Cincinnati went on to survive many decades to grow into Star Bank.[9]

U.S. Bancorp of Oregon era[edit]

In January 1969, the U.S. National Bank of Oregon reorganized as a holding company, U. S. Bancorp,[10] after receiving authorization from its bank directors on September 9, 1968[11] and subsequently receiving legal approval to proceed from the Comptroller of the Currency on November 28, 1968.[12] LeRoy B. Staver, president, and chief executive officer of the bank, was quickly appointed chairman and chief executive officer for the new holding company while Robert B. Wilson was appointed president of the holding company and also executive vice president for the bank.[13] Wilson later resigned as president in December 1972[14] and his position was filled eight months later by John A. Elorriaga.[15]

After a long period of service, Staver finally retired in October 1974 and was succeeded by John Elorriaga who was promoted to chairman and chief executive officer while Carl W. Mays Jr was named president in Elorriaga's place.[16]

A major change in the organization of leadership in the U.S. Bancorp of Oregon occurred in August 1983. Although Elorriaga remained as chairman and chief executive officer for the firm, Mays was appointed to the new position of executive assistant to the chairman while Edmund P. Jensen was appointed president as a replacement to Mays, and Roger L. Breezley was appointed to the new post of chief operating officer.[17]

In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Forest Grove, Oregon-based Valley National Corporation (not to be confused with the Phoenix, Arizona, company of the same name) with its five-branch Valley National Bank of Forest Grove subsidiary for $13.7 million in stock.[18]

U.S. Bancorp of Oregon made its first acquisition outside the state of Oregon by announcing in December 1986 the pending acquisition of the Spokane, Washington-based Old National Bancorp with its Old National Bank of Washington and First National Bank of Spokane subsidiaries for $174 million.[19][20] The acquisition was completed in July 1987 on the first day that the state of Washington had allowed bank acquisitions by out-of-state companies.[21]

In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Camas, Washington-based Heritage Bank for $2.8 million.[22][23]

In May 1987, U.S. Bancorp of Oregon announced the pending acquisition of the Seattle, Washington-based Peoples Bancorp with its Peoples National Bank subsidiary for $275 million in stock.[24][25] The acquisition was completed in December 1987.[26] After the acquisition, Peoples and Old National were combined to form U.S. Bank of Washington.

John Elorriaga retired as chairman of the board and chief executive officer in November 1987 and was replaced by Roger L. Breezley while Jensen continued as president.[27][28]

In December 1987, U.S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Mt Baker Bank for $25 million.[29]

U.S. Bancorp of Oregon entered the state of California by announcing in April 1988 the pending acquisition of the Eureka, California-based Bank of Loleta with seven branch offices in Humboldt and Del Norte counties for $15.3 million in cash.[30] The acquisition was completed in December 1988 and was renamed U.S. Bank of California.[31]

In April 1988, U.S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Northwestern Commercial Bank for $15.5 million.[32] The acquisition was completed in November 1988.[33]

In July 1988, U.S. Bancorp of Oregon announced the pending acquisition of the Auburn, Washington-based Western Independent Bancshares with its Auburn Valley Bank subsidiary for $4.25 million in cash.[34]

In October 1989, U.S. Bancorp of Oregon announced the pending acquisition of the Sacramento, California-based Mother Lode Savings Bank with three branch offices for $5.3 million.[35] The acquisition was completed in August 1990.[36] This acquisition was one of the first of a thrift by a commercial bank in the nation since legislation permitting such takeovers went into effect.

During the late 1980s, U.S. Bancorp of Oregon made several attempts to enter the state of Idaho by the acquisition of an existing Idaho-based bank, the only method then allowed under Idaho law, but failed when the price got too high.[37] In March 1990, U.S. Bancorp of Oregon announced that they would establish a bank through a loophole in Federal banking law that allows the Office of the Comptroller of the Currency to allow the relocation of bank headquarters within 30 miles of their present location without regards to state boundaries and state regulations.[38] So U.S. Bancorp of Oregon announced that they plan to transfer the existing branches of the First National Bank of Spokane to the U.S. Bancorp of Washington and then ask permission from the Office of the Comptroller of the Currency to move the headquarters of First National from Spokane, Washington, to Coeur d'Alene, Idaho. After receiving Federal approval, First National was finally moved in February 1992 and renamed U.S. Bank of Idaho.[39]

In July 1990, U.S. Bancorp of Oregon announced the pending acquisition of the Auburn, California-based HeartFed Financial Corporation with its Heart Federal Savings and Loan subsidiary for $107.8 million in stock.[40] At the time of the announcement, Heart Federal Savings had 29 branch offices in northern California. The acquisition was completed in March 1991 for $118 million.[41]

In November 1991, Edmund P. Jensen was given the post of chief operating officer in addition to his duties as president, making him a possible successor to Breezley.[42]

In February 1992, U.S. Bancorp of Oregon announced the pending acquisition of the 20 branch offices in Northern California and 29 branch offices in Nevada for $70 million that were being divested by Bankamerica Corporation as a result of Bank of America's impending acquisition of Security Pacific Corporation.[43][44][45] This acquisition gave U.S. Bancorp of Oregon its first presence in the state of Nevada.

Another major change in the organization of leadership in the U.S. Bancorp of Oregon occurred in January 1993. While retaining his position as chief operating officer, Edmund P. Jensen was appointed vice-chairman while giving his position of president to Kevin R. Kelly. At the same time, Gerry B. Cameron was appointed vice-chairman.[46] Ten months later, Jensen resigned to become president of Visa Inc.[47] In January 1994, Gerry Cameron was first appointed chief operating officer as a replacement to Jensen[48] and later appointed chief executive officer just three weeks later.[49] Kelly submitted his resignation as president in March 1994[50] and Breezley finally gave up the chairmanship to Cameron in April 1994.[51][52]

In May 1995, U.S. Bancorp of Oregon announced the pending acquisition of the Boise, Idaho-based West One Bancorp for $1.8 billion.[53][54] At the time of the announcement, West One had branch offices in Idaho, Oregon, Washington, and Utah while U.S. Bancorp of Oregon had branch offices in Oregon, Washington, California, Idaho, and Nevada. The acquisition was completed in December 1995 and gave U.S. Bancorp of Oregon its first entry into the state of Utah.[55] As part of the acquisition deal, West One's chairman and chief executive Daniel R. Nelson would become the chief operating officer and president of U.S. Bancorp and he would later be Cameron's successor as chairman and CEO upon Cameron's planned retirement in three years. Since both U.S. Bancorp and West One had overlapping territories in Oregon and Washington, the U.S. Justice Department would only allow the acquisition to proceed if U.S. Bancorp would sell off 27 branch offices in Washington and Oregon.[56] As a result of the regulatory ruling, U.S. Bancorp sold 25 branch offices in Oregon, four in central Washington and one in Idaho to First Hawaiian Bank for $38 million in cash.[57][58]

In February 1996, U.S. Bancorp of Oregon announced the pending acquisition of the San Ramon, California-based California Bancshares for $309 million in stock.[59] California Bancshares had a total of 38 branches in the East San Francisco Bay Area in nine separate banks that included Alameda First National, Community First National, Modesto Banking Co., Commercial Bank of Fremont, Lamorinda National Bank, Bank of San Ramon Valley, Westside Bank, Concord Commercial Bank and Bank of Milipitas. The acquisition was completed in June 1996.[60]

In September 1996, U.S. Bancorp of Oregon announced the pending acquisition of the St. George, Utah-based Sun Capital Bancorp with its three-branch office Sun Capital Bank subsidiary for $15.5 million.[61] The acquisition was completed in January 1997.[62]

In December 1996, Daniel R. Nelson, president and chief operating officer of U.S. Bancorp of Oregon, unexpectedly announced his early retirement effective on New Year’s Day 1997. Nelson was originally in line to be Gerry B. Cameron's successor as chairman and chief executive upon the Cameron's planned retirement on New Year's Day 1999.[63]

In December 1996, U.S. Bancorp of Oregon announced the pending acquisition of the Sacramento, California-based Business & Professional Bank for $35 million in cash.[64] The acquisition was completed in May 1997.[65]

First Bank System era[edit]

First Bank System used this logo from 1979. It incorporates the silhouette of the number one.

In March 1997, the Minneapolis, Minnesota-based First Bank System announced the pending acquisition of U.S. Bancorp of Oregon for $9 billion in stock.[66][67][68] At the time of the announcement, U.S. Bancorp of Oregon had banking offices in Oregon, Washington, California, Idaho and Utah while First Bank System had banking offices in Minnesota, Colorado, Nebraska, North Dakota, South Dakota, Montana, Iowa, Illinois, Wisconsin, Kansas, and Wyoming. Under the terms of the acquisition, First Bank System was the nominal survivor, and the newly merged company was headquartered in Minneapolis. However, it took the more recognizable U. S. Bancorp name. John F. Grundhofer, chairman and chief executive of First Bank, was appointed president and chief executive of the new company while Gerry B. Cameron, chairman, and chief executive of U.S. Bancorp of Oregon, was appointed chairman of the new company, which he held until his retirement in 1998. The acquisition was completed in August 1997.[69] Approximately 4000 jobs were eliminated, mostly in Portland.[70]

Brief history of First Bank prior to acquisition[edit]

Main article: First Bank System

First Bank System can trace its roots to the formation of First National Bank of Minneapolis in 1864. In 1929, the First National Bank of Minneapolis joined with the First National Bank of St. Paul to form a joint holding company for both banks that was called the First Bank Stock Corporation, while keeping both subsidiary banks legally separate. The new holding company quickly grew by acquiring other banks in the four-state region before the Bank Holding Company Act of 1956 prohibited such actions. First Bank Stock Corporation was renamed First Bank System Inc. in 1968.[71]

U.S. Bancorp after takeover by First Bank System[edit]

In September 1997, the new U.S. Bancorp, formerly First Bank System, announced the pending acquisition of the St. Cloud, Minnesota-based Zappco, Inc. with its three banks and six banking locations for an undisclosed amount.[72] At the time of the announcement, U.S. Bancorp had more than 1,000 banking offices in the states of Minnesota, Oregon, Washington, Colorado, California, Idaho, Nebraska, North Dakota, Nevada, South Dakota, Montana, Iowa, Illinois, Utah, Wisconsin, Kansas, and Wyoming. The acquisition was completed in December 1997.[73]

In March 1998, U.S. Bancorp announced the pending acquisition of the Vancouver, Washington-based Northwest Bancshares with its 10-branch offices Northwest National Bank subsidiary for an undisclosed amount.[74][75] In October 1998, the U.S. Justice Department agreed to allow the acquisition to proceed on the condition that one of the Northwest National Bank branch offices was to be sold.[76] The acquisition was completed in December 1998 after U.S. Bancorp sold the request banking office to Centennial Bank of Eugene.[77]

At the end of 1998, Gerry Cameron retired as chairman and handed the position over to John Grundhofer who added the title of chairman to his other positions of president and chief executive officer.[78][79]

In February 1999, U.S. Bancorp announced the pending acquisition of the San Diego-based Bank of Commerce with its 10 branch offices for $314 million in stock.[80][81][82] The acquisition was finalized in July 1999.[83]

In May 1999, U.S. Bancorp announced the pending acquisition of the Newport Beach, California-based Western Bancorp with its Santa Monica Bank and Southern California Bank subsidiaries and a total of 31 branch offices for $904 million in stock.[84][85] At the time of the announcement, U.S. Bancorp had 98 branch offices within California. The acquisition was finalized in November 1999 for $1.04 billion in stock.[86][87]

In July 1999, Philip G. Heasley was appointed president and chief operating officer of U.S. Bancorp. John Grundhofer had handed over the position of president to Heasley while still retaining the titles of chairman and chief executive officer.[88][89] Heasley had assisted Grundhofer in turning the company around from near insolvency when the company was originally known as First Bank until it became a successful financial institution that became large enough to be absorb other banks, including U.S. Bancorp of Oregon in 1997. Heasley resigned the following year to join Bank One as the head of their First USA credit card unit[90] around the same time Firstar was about to takeover U.S. Bancorp.

In September 1999, U.S. Bancorp announced the pending acquisition of the San Diego-based Peninsula Bank with its 11 branch offices for $104 million in stock.[91][92][93][94] In early January 2000, a group of Peninsula Bank stockholders tried to stop the merger because the initial merger agreement was made prior to the huge 27% single-day drop in the value of U.S. Bancorp stock which effectively lowered the purchase price.[95] The acquisition was later completed in January 2000 at a 10% reduction of the original price negotiated.[96]

In June 2000, U.S. Bancorp announced the acquisition of the San Diego-based Scripps Financial Corporation with its nine-branch office Scripps Bank subsidiary for $155 million in stock.[97] The acquisition was completed in October 2000.[98]

Firstar era[edit]

In October 2000, Firstar Corporation of Milwaukee, Wisconsin, announced the pending acquisition of U.S. Bancorp for $21 billion in stock.[99][100][101] The merger was completed on February 27, 2001. While Firstar was the nominal survivor, the merged company took the U.S. Bancorp name and moved to old U. S. Bancorp's headquarters in Minneapolis.[102] Under the merger agreement, Jerry Grundhofer, president and chief executive officer of Firstar, would continue in those positions in the combined company while his older brother, John Grundhofer, chairman, president and chief executive officer of U.S. Bancorp, would serve as chairman of the board in the combined company until his planned retirement on December 31, 2002.[101][103] The merged company retained some administrative functions in Milwaukee and Cincinnati.

To allow the merger to proceed, the U.S. Department of Justice required Firstar to sell 11 branch offices in the Minneapolis-area and 2 in Council Bluffs, Iowa.[104]Bremer Bank of Saint Paul, Minnesota, purchased the 11 Minneapolis-area Firstar offices[105][106] while Liberty Bank of West Des Moines, Iowa, purchased the 2 Council Bluffs offices.[107][108]

Brief history of Firstar prior to acquisition[edit]

Main article: Firstar Corporation

Firstar Corporation traced its roots to the founding of the Farmer's and Millers Bank in Milwaukee in 1853, which by 1919 evolved into First Wisconsin National Bank. However, the Firstar that took over U.S. Bancorp in 2001 was actually the same company and leadership that acquired Firstar 27 months earlier in 1998, namely Star Banc Corporation. That bank, in turn, traced its roots to the founding of First National Bank of Cincinnati in 1863. Jerry Grundhofer and his team from Star Banc were instrumental in both acquisitions.

Present-day U.S. Bancorp retains Star Banc's pre-1998 stock price history. As mentioned above, it claims 1863 as its founding date, and operates under the charter originally granted to First National Bank of Cincinnati. Additionally, all SEC filings before 1998 are under Star Banc, and all filings from 1998 to 2000 are under Firstar.

U.S. Bancorp after takeover by Firstar[edit]

In April 2001, the new U.S. Bancorp announced the pending acquisition of all 20 branch offices in California of the Encino-based Pacific Century Bank from its Honolulu-based parent Pacific Century Financial Corporation.[109][110] The acquisition was completed in September 2001.[111][112]

In July 2002, U.S. Bancorp announced the pending acquisition of all 57 retail banking branches of the San Mateo, California-based Bay View Bank from its Bay View Capital Corporation parent for $429 million.[113][114] The acquisition was completed in November 2002.[115]

On New Years Day 2003, John Grundhofer retired as chairman of U.S. Bancorp and handed the position to his younger brother Jerry Grundhofer, who added the title of chairman to his other positions of president and chief executive officer in the corporation.[116]

In May 2004, U.S. Bancorp announced that it was acquiring the $34 billion corporate trust bond administration business from National City Corporation.[117][118][119]

In October 2004, Richard K. Davis was appointed chief operating officer and president of U.S. Bancorp. Jerry Grundhofer had handed over the position of president to Davis while still retaining the titles of chairman and chief executive officer.[120] Davis had been a protege of Grundhofer since their days together at Star Banc Corporation and had assisted in the takeover of Firstar by Star Banc in 1998[121] and the later acquisition of U.S. Bancorp by Firstar in 2001.

U.S. Bancorp acquired Genpass along with its MoneyPass ATM network subsidiary for an undisclosed amount in May 2005.[122]

In November 2005, U.S. Bancorp announced that it was acquiring the $410 billion corporate trust and institutional custody businesses of Wachovia Corporation for $720 million in cash.[123]

In July 2006, U.S. Bancorp announced that it was acquiring the $123 billion municipal and corporate bond trustee business from SunTrust.[124]

In June 2006, U.S. Bancorp announced the pending acquisition of the Avon, Colorado-based Vail Banks Inc. with its WestStar Bank subsidiary and 23 locations for $98.6 million in cash.[125] The acquisition was completed in September 2006.[126]

In November 2006, U.S. Bancorp announced that it was acquiring the $30 billion municipal bond trustee business from LaSalle Bank.[127][128]

In November 2006, U.S. Bancorp announced the pending acquisition of the Great Falls, Montana-based United Financial Corporation with its Heritage Bank subsidiary for $71 million in stock.[129] The acquisition was completed in February 2007 and nearly double the branch presence of U.S. Bank in Montana.[130]

In December 2006, Jerry Grundhofer handed over the position of chief executive officer to president Richard Davis while Grundhofer remained chairman until his retirement the following year in December 2007.[131][132][133] After Grundhofer retirement in December 2007, Davis added the position of chairman to his other titles of president and chief executive officer.[134]

In March 2008, the U.S. Bancorp announced the pending acquisition of the seven-office Los Angeles-based Mellon 1st Business Bank from the Bank of New York Mellon for an undisclosed amount in cash.[135] The acquisition was completed in June 2008.[136]

On November 14, 2008, the U.S. Treasury invested $6,599,000,000 in preferred stock and warrants in the company via the Emergency Economic Stabilization Act of 2008.[137] Weeks earlier, U.S. Bancorp has entered into acquisition talks with National City Corp. and had made an offer to buy National City until PNC Financial Services used its portion of TARP funds to outbid U.S. Bancorp and acquire National City instead.[138] Had National City accepted U.S. Bancorp's offer, U.S. Bancorp would have expanded into Florida, Michigan and Pennsylvania (three states that as of 2021 still don't have a retail presence from U.S. Bancorp), but major divestments would've been made in Midwestern states, especially Ohio.

On November 21, 2008, the company acquired the failed Downey Savings & Loan Association and also the failed Pomona First Federal Bancorp in a transaction facilitated by the Federal Deposit Insurance Corporation for an undisclosed amount.[139] Downey Savings had 170 branch offices in California and five branch offices in Arizona while PFF Bank had 38 branch offices in Southern California.

In April 2009, U.S. Bancorp acquired the assets and deposits of the failed Ketchum, Idaho-based First Bank of Idaho in a transaction facilitated by the FDIC.[140][141] First Bank of Idaho had seven offices in Idaho and Wyoming, some of which operated under the name First Bank of the Tetons.

On June 17, 2009, the company redeemed the $6.6 billion of preferred stock and on July 15, 2009, it completed the purchase of a warrant held by the U.S. Treasury Department. This effectively concluded U.S. Bancorp’s participation in the Capital Purchase Program. It was the first bank to repay the Troubled Asset Relief Program (TARP) funds.[142]

On October 5, 2009, the company announced its acquisition of the $8 billion mutual fund administration and accounting servicing division of Fiduciary Management, Inc. for an undisclosed amount.[143][144]

On October 7, 2009, the company agreed to buy the bond trustee business of First Citizens Bank, a subsidiary of First Citizens BancShares Inc. for an undisclosed amount.[145][146]

On October 20, 2009, the company completed a transaction to purchase the failed FBOP Corporation's nine subsidiary banks from the FDIC for an undisclosed amount. The banks included BankUSA, National Association with 2 offices in Arizona, Cal National Bank with 68 offices in California, Citizens National Bank with 1 office in Texas, Community Bank of Lemont with 1 office in Illinois, Madisonville State Bank with 1 office in Texas, North Houston Bank with 1 office in Texas, Pacific National Bank with 17 offices in California, Park National Bank with 31 offices in Illinois, and San Diego National Bank with 28 offices in California.[147]

Since the company did not have a previous presence in Texas nor want one in the near future, the company subsequently sold the three banks in Texas in 2010 to Houston-based Prosperity Bancshares for an undisclosed amount.[148] Each of the banks had one office each.[147]

In October 2009, BB&T Corporation (now Truist Financial) announced the pending sale of its Nevada banking operations to U.S. Bancorp for an undisclosed amount. BB&T had just acquired the 21 offices in Nevada through a transaction facilitated by the FDIC for disposal of the assets and deposits of the failed Alabama-based Colonial BancGroup but BB&T had no desire to expand west of Texas while it wanted to keep the other Colonial former locations in the Southeastern United States.[149] The acquisition was completed in January 2010.[150]

In July 2010, U.S. Bancorp sold its FAF Advisors subsidiary to Nuveen Investments for $80 million and a 9.5% stake in Nuveen.[151][152]

In 2010, Huntington Bancshares announced it would take over the leases of bank branches inside Giant Eagle locations in Ohio, largely replacing U.S. Bancorp but also replacing branches from FirstMerit Corporation (which itself would be acquired by Huntington in 2016) and Citizens Financial Group; the deal didn't affect Citizens branches inside Giant Eagle locations in Pennsylvania.[153][154] The deal mostly didn't affect U.S. Bancorp, but it did lead to the withdrawal from the Youngstown, Ohio market since U.S. Bancorp's only branches in the area were inside Giant Eagle locations; the branches had been a holdover from the Firstar days. By 2020, U.S. Bancorp had organically become Ohio's largest bank by deposits despite not having a presence in the Youngstown and Toledo markets and ahead of major banks based in Ohio (Huntington, Fifth Third Bank & KeyBank), PNC Bank, and Chase Bank.[155]

In January 2011, U.S. Bancorp acquired the assets and deposits of the failed First Community Bank of New Mexico in a transaction facilitated by the FDIC for an asset discount of approximately $380 million.[156] The acquisition had included 35 offices in New Mexico and 3 offices in Arizona.

In January 2012, the company acquired the assets and deposits of the failed Knoxville, Tennessee-based BankEast in a transaction facilitated by the FDIC for an asset discount of approximately $67.5 million.[157] The acquisition had included 10 offices in the Knoxville area.

In March 2013, U.S. Bancorp announced that it was acquiring the $57 billion municipal bond trustee business from Deutsche Bank.[158]

In January 2014, U.S. Bancorp announced the pending acquisition of 94 branch offices of the Charter One Bank in Chicago from the RBS Citizens Financial Group for $315 million,[159] doubling its market share in Chicago.[160] 13 Charter One branches were closed due to their close proximity to existing U.S. Bank offices.[161] The acquisition was completed in June 2014.[160]

In January 2015, chief financial officer Andrew Cecere was promoted to chief operating officer.[162] A year later, Cecere was given the additional position of president.[163]

In January 2017, U.S. Bancorp announced that chairman and CEO Richard Davis was going to hand over his CEO position to president and COO Andrew Cecere in April 2017 while still remaining chairman of the corporation.[164] Davis officially retired from the company in April 2018 and handed over the chairmanship position to Cecere.[165]

In February 2018, the bank was charged by the Department of Justice with failing to implement measures preventing illegal activities, including one case of abetting them.[166] To defer prosecution, U.S. Bancorp agreed to pay $613 million in fines and agreed to implement measures to show the authorities that it had improved the monitoring of its customer transactions.[166] $505 million was distributed in September 2018 to customers of an illegal payday loan business whose suspicious activities US Bancorp had failed to report.[167]

In September 2018, Fiserv announced that it would acquire MoneyPass from US Bancorp for $690 million.[168] The deal was finalized in March 2019.[169] The sale did not include Elan's credit card issuing division, which issued among some of the most prominent cards including Fidelity, BMW and Mercedes Benz.[170] In December 2019, the bank dismissed Emily James, a Portland, Ore., call-center employee, and her supervisor, after James personally gave $20 of her own money to a customer in need, Marc Eugenio. On Christmas Eve, Eugenio ran out of gasoline and cash, and he was stranded at a gas station when his U.S. Bank debit card was rejected because funds he had deposited two days earlier had not yet been released into his account as he had been promised. After an unsuccessful attempt to release the funds, James met Eugenio at the gas station during her break and offered him $20 from her own pocket as a Christmas Eve act of kindness. She was fired from her job, despite U.S. Bankcorp's policy that "Our employees are empowered to do the right thing."[171][neutrality is disputed] After Nicolas Kristof published a critique of the firing in The New York Times the bank agreed to rehire the employees.[172]

On September 21, 2021, U.S. Bancorp agreed to purchase MUFG Union Bank's consumer business for $8 billon. It is the bank's biggest deal since 2001 when it merged with Milwaukee-based Firstar Corp. for $21 billion. The deal with MUFG Union Bank will add $58 billion in loans to U.S. Bancorp's current base of $294 billion. The merger will also give U.S. Bancorp a large presence on the U.S. West Coast, especially California.[173] The combined bank will have $723 billion in assets.[174]

Notable corporate buildings[edit]

  • U.S. Bank Center in Phoenix, Arizona
  • U.S. Bank Tower in Sacramento, California
  • One California in San Francisco, California, sports the U.S. Bank logo and houses bank offices
  • U.S. Bank Tower in Los Angeles, California, the third tallest building west of the Mississippi River
  • U.S. Bank Tower in Denver, Colorado
  • U.S. Bank Plaza in Boise, Idaho
  • U.S. Bank Building in Chicago, Illinois
  • U.S. Bank Building in Davenport, Iowa
  • U.S. Bank Building in Duluth, Minnesota
  • U.S. Bancorp Center in Minneapolis, Minnesota
  • U.S. Bank Plaza in Minneapolis, Minnesota
  • U.S. Bank Center in St. Paul, Minnesota
  • One U.S. Bank Plaza in St. Louis, Missouri
  • U.S. Bank Building in Billings, Montana
  • U.S. Bank Tower in Lincoln, Nebraska
  • U.S. Bank Center in Las Vegas, Nevada
  • U.S. Bank Tower in Cincinnati, Ohio
  • U.S. Bank Centre in Cleveland, Ohio
  • U.S. Bancorp Tower in Portland, Oregon
  • U.S. Bank Building in Sioux Falls, South Dakota
  • U.S. Bank Centre in Seattle, Washington
  • U.S. Bank Building in Spokane, Washington
  • U.S. Bank Building in La Crosse, Wisconsin
  • U.S. Bank Center in Milwaukee, Wisconsin
  • U.S. Bank Plaza in Madison, Wisconsin
  • U.S. Bank Building in Sheboygan, Wisconsin

Naming rights and sponsorships[edit]

U.S. Bank owns corporate naming rights to the following:

U.S. Bank is a sponsor of:

See also[edit]

References[edit]

  1. ^"Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. December 31, 2020.
  2. ^ ab"U.S. Bancorp 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  3. ^"U.S. Bancorp 2019 Form 10-K Annual Report: Management's Discussion and Analysis". U.S. Securities and Exchange Commission.
  4. ^"EDGAR Search Results". www.sec.gov. Retrieved November 8, 2018.
  5. ^"Biggest US Banks by Asset Size (2021)". MX Technologies. April 20, 2021. Retrieved September 21, 2021.
  6. ^"U.S. Bancorp". Fortune.
  7. ^Elan Credit Card Issuance. Elan Financial Services – via Vimeo.
  8. ^"Wells Fargo: Guided By History". Wells Fargo.
  9. ^ abcdefgh"US Bank | Annual Report 2012 | 150th Anniversary". media.corporate-ir.net.
  10. ^"U.S. Bancorporation Unit". The Wall Street Journal. January 6, 1969. p. 6. ProQuest 133444076.
  11. ^"U.S. National, Oregon, Board Votes Reorganization Plan". The Wall Street Journal. September 9, 1968. p. 13. ProQuest 133266993. Archived from the original on September 13, 2017. Retrieved July 7, 2017.
  12. ^"Two Major Banks Get Permission to Organize One-Unit Holding Firms: Currency Comptroller Approves Three Other Such Proposals, Putting Week's Total at Seven". The Wall Street Journal. November 29, 1968. p. 6. ProQuest 133266985. Archived from the original on August 19, 2017. Retrieved July 7, 2017.
  13. ^"Robert B. Wilson Is Named President of U.S. Bancorp". The Wall Street Journal. February 25, 1969. p. 16. ProQuest 133427185.
  14. ^"Dividend News: U.S. Bancorp Increases Payout, Proposes Split; Wilson Quits Presidency". The Wall Street Journal. December 26, 1972. p. 13. ProQuest 133753497.
  15. ^"U.S. Bancorp Appoints John Elorriaga President". The Wall Street Journal. August 28, 1973. p. 20. ProQuest 133793903.
  16. ^"At the Top: U.S. Bancorp elected a new president and a new chairman". Los Angeles Times. October 29, 1974. p. d9. ProQuest 157559436. Archived from the original on February 1, 2018. Retrieved July 7, 2017.
  17. ^"U.S. Bancorp". The Wall Street Journal. August 30, 1983. p. 34. ProQuest 134786963.
  18. ^"U.S. Bancorp Plans to Buy Valley National for Stock". The Wall Street Journal (Eastern ed.). December 8, 1986. p. 1. ProQuest 397966831.
  19. ^Gapa, Les (December 18, 1986). "A Big Oregon Bank Will Buy Old National". Seattle Post-Intelligencer. p. B10.
  20. ^Buck, Richard (December 18, 1986). "Merger to Make U.S. Bancorp. Biggest Bank". Seattle Times. p. F1.
  21. ^Buck, Richard (June 30, 1987). "State Banks Ready to Open Door to Interstate Banking". Seattle Times. p. C1.
  22. ^"Briefly". Los Angeles Times (Home ed.). December 25, 1986. p. 11. ProQuest 292473590.
  23. ^"U.S. Bancorp Plans to Buy Camas Bank". Seattle Post-Intelligencer. December 25, 1986. p. B7.
  24. ^"U.S. Bancorp To Buy Peoples". The New York Times. May 20, 1987.
  25. ^Heberlein, Greg (May 19, 1987). "U.S. Bankcorp. Agrees to Merge With Peoples". Seattle Times. p. E1.
  26. ^Erickson, Jim (January 1, 1988). "A Bad Year for Nostalgia – Interstate Banking Law Had Its Effect". Seattle Post-Intelligencer. p. B12.
  27. ^"U.S. Bancorp's Breezley Is Named Chairman, Chief". The Wall Street Journal (Eastern ed.). October 27, 1987. p. 1. ProQuest 398140601.
  28. ^"People on The Move". Seattle Post-Intelligencer. November 2, 1987. p. B6.
  29. ^"U.S. Bancorp Plans To Buy Mt Baker Bank". The Wall Street Journal (Eastern ed.). December 17, 1987. p. 1. ProQuest 398076904.
  30. ^Sorensen, Donald J. (April 9, 1988). "U.S. Bancorp to Expand to California". The Oregonian. p. E01.
  31. ^Roberts, Bruce & Ruble, Mary B. (June 12, 1989). "Bank of Loleta Becomes U.S. Bank of California" (Press release). U.S. Bancorp. p. 1. ProQuest 447099550 – via Business Wire.
  32. ^"U.S. Bancorp Sets Purchase". The Wall Street Journal (Eastern ed.). April 28, 1988. p. 1. ProQuest 398081906.
  33. ^Ruble, Mary; Bowler, Don & Van Duine, Teri (November 17, 1988). "U.S. Bancorp Acquires Northwestern Commercial Bank". Business Wire (Press release). p. 1. ProQuest 444885120.
  34. ^"U.S. Bancorp – Western Independent Bancshares Is Purchased". Seattle Post-Intelligencer. July 23, 1988. p. B3.
  35. ^Sorensen, Donald J. (October 19, 1989). "U.S. Bancorp Buys Women-Founded Sacramento Bank". The Oregonian. p. E17.
  36. ^MacKenzie, Bill (August 26, 1990). "U.S. Bank Acquires Mother Lode Savings". The Oregonian. p. B06.
  37. ^Howe, Kenneth (July 29, 1991). "U.S. Bancorp on Northern California Buying Spree". San Francisco Chronicle. p. B1.
  38. ^Reed, Molly (March 13, 1990). "First National Bank in Spokane to Transfer Branches to U.S. Bank" (Press release). U.S. Bancorp. p. 1. ProQuest 447084700 – via Business Wire.
  39. ^Ruble, Mary & Schmitt, Gary (February 19, 1992). "U.S. Bank Gains Approval to Serve Idaho Customers" (Press release). U.S. Bancorp. p. 1. ProQuest 444959000 – via Business Wire.
  40. ^Rooks, Judy (July 18, 1990). "U.S. Bancorp Buys California Savings And Loan". The Oregonian. p. D01.
  41. ^"U.S. Bancorp pays $118 million for California thrift". United Press International. March 28, 1991.
  42. ^"U.S. Bancorp". The Wall Street Journal (Eastern ed.). November 5, 1991. p. B8. ProQuest 398230814.
  43. ^"Banking & Finance". Los Angeles Times. February 27, 1992.
  44. ^Hicks, Larry (February 27, 1992). "BofA, Security Pacific Branches Sold – U.S. Bancorp Deal Boosts Market Share In Sacramento, Northern California". Sacramento Bee. p. D1.
  45. ^"U.S. Bancorp to Acquire Divested Bank Of America, Security Pacific Branches In Northern California, Nevada" (Press release). US Bancorp. February 27, 1992 – via PR Newswire.
  46. ^"U.S. Bancorp". The Wall Street Journal (Eastern ed.). January 14, 1993. p. B8. ProQuest 398445241.
  47. ^Hansell, Saul (October 27, 1993). "Visa International Is Set To Replace Top Officer". The New York Times.
  48. ^"Gerry B. Cameron Named Chief Operating Officer Of U.S. Bancorp" (Press release). U.S. Bancorp. January 6, 1994 – via The Free Library.
  49. ^Francis, Mike & Hamburg, Ken (January 27, 1994). "U.S. Bancorp Board Puts Cameron In Charge". The Oregonian. p. C01.
  50. ^Francis, Mike (March 19, 1994). "Kelly Steps Down at U.S. Bancorp". The Oregonian. p. E01.
  51. ^"Chairman Of U.S. Bancorp Steps Down". The New York Times. April 20, 1994.
  52. ^"U.S. Bancorp Chairman Roger Breezley Resigns". Seattle Times. April 20, 1994.
  53. ^Torbenson, Eric (May 9, 1995). "Idaho Loses Last Major State Bank Boise's West One Agrees To U.S. Bancorp Merger". The Spokesman-Review. Spokane.
  54. ^Manning, Jeff (May 9, 1995). "Banking on Bigness: U.S. Buying West One". The Oregonian. p. A01.
  55. ^"U.S. Bancorp Completes Purchase Of West One". The New York Times. Bloomberg L.P. December 28, 1995.
  56. ^"Justice Allows U.S. Bank Deal". The Spokesman-Review. December 12, 1995.
  57. ^"First Hawaiian To Buy U.S. Bank Branches". Seattle Times. December 5, 1995.
  58. ^"Hawaii Bank Buys U.S. Bank Branches". The Spokesman-Review. December 5, 1995.
  59. ^"U.S. Bancorp to Buy California Bancshares: Mergers: Drop in Oregon bank's share price reflects concern that $309-million price tag is too high". Los Angeles Times. February 13, 1996.
  60. ^"U.S. Bancorp completes California deal". United Press International. June 6, 1996.
  61. ^"U.S. Bancorp to Acquire Sun Capital". Deseret News. September 26, 1996.
  62. ^"Meanwhile in Utah ...". Salt Lake Tribune. January 4, 1997. p. E10.
  63. ^Bartel, Frank (December 25, 1996). "Ex-Spokane Banker Passes Up Chance To Lead Regional Financial Giant". The Spokesman-Review.
  64. ^Ota, Alan K. (December 28, 1996). "U.S. Bancorp Buys California Bank". The Oregonian. p. B12.
  65. ^"U.S. Bancorp Completes Acquisition of Business & Professional Bank" (Press release). U.S. Bancorp. May 1, 1997. Archived from the original on August 15, 2017. Retrieved May 26, 2017 – via PR Newswire.
  66. ^Hansell, Saul (March 21, 1997). "First Bank System to Buy U.S. Bancorp of Oregon". The New York Times.
  67. ^"First Bank System to buy U.S. Bancorp: Minneapolis-based...". Chicago Tribune. March 20, 1997.
  68. ^"First Bank Strikes Deal To Acquire U.S. Bancorp $9 Billion Deal Will Create 14th-Largest Bank In America". The Spokesman-Review. March 21, 1997.
  69. ^DePass, Dee (August 2, 1997). "It's a done deal: First Bank System acquires U.S. Bancorp – and its name – Analysts are waiting to see whether new combined company will make planned $340 million in expense cuts by next year". Minneapolis Star-Tribune. p. 02D.
Источник: https://en.wikipedia.org/wiki/U.S._Bancorp

U.S. Bancorp

American bank holding company

"US Bank" redirects here. For other uses, see Bank of the United States.

U.S. Bancorp logo.svg
US Bancorp Center Minneapolis 1.jpg

U.S. Bancorp Center in Minneapolis, Minnesota; headquarters of U. S. Bancorp

Trade name

U.S. Bank
TypePublic

Traded as

NYSE: USB
S&P 100 Component
S&P 500 Component
ISINUS9029733048
IndustryBanking, Financial services
FoundedJuly 13, 1863; 158 years ago (1863-07-13)
HeadquartersU.S. Bancorp Center, Minneapolis, Minnesota, U.S.

Number of locations

3,067 branches and 4,771 automated teller machines

Key people

Andrew Cecere
(Chairman, President and CEO)
ProductsConsumer Banking, Corporate Banking, Insurance, Investment banking, Mortgage loans, Private banking, Private equity, Wealth management, Credit cards, Financial Analysis

Net income

Decrease $6.914 billion (2019)
Total assetsIncrease $558.886 billion (2021)[1]
Total equityIncrease $52.483 billion (2019)

Number of employees

69,651 (2019)
Subsidiaries
Capital ratio10.8% Tier 1 (2017)
RatingLong Term Senior Debt
Moody's: A1 (10/2016)
S&P: A+ (10/2016)
Fitch: AA (10/2016)
DBRS: AA (10/2016)
Websitewww.usbank.comEdit this at Wikidata
Footnotes / references
[2][3]

U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.[4] It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States.[5] The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States.[2] It is ranked 117th on the Fortune 500,[6] and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.[7]

U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia.[8]

History[edit]

Downtown Minneapolis; U.S. Bancorp Center is the second unobstructed tower from the left.

The U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891.[9] In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. National Bank name.[9] It changed its name to the United States National Bank of Oregon in 1964.[9]

The central part of the franchise dates from 1864, with the formation of First National Bank of Minneapolis.[9] In 1929, that bank merged with First National Bank of St. Paul (also formed in 1864) and several smaller Upper Midwest banks to form the First Bank Stock Corporation, which changed its name to First Bank System in 1968.[9]

In the eastern part of the franchise, Farmers and Millers Bank in Milwaukee opened its doors in 1853, growing into the First National Bank of Milwaukee and eventually becoming First Wisconsin and ultimately Firstar Corporation.[9] In Cincinnati, First National Bank of Cincinnati opened for business on July 13, 1863 under National Charter #24—the charter that U.S. Bancorp still operates under today, and one of the oldest active national bank charters in the nation. U.S. Bancorp claims 1863 as its founding date.[9] Despite having started up in the midst of the Civil War, First National Bank of Cincinnati went on to survive many decades to grow into Star Bank.[9]

U.S. Bancorp of Oregon era[edit]

In January 1969, the U.S. National Bank of Oregon reorganized as a holding company, U. S. Bancorp,[10] after receiving authorization from its bank directors on September 9, 1968[11] and subsequently receiving legal approval to proceed from the Comptroller of the Currency on November 28, 1968.[12] LeRoy B. Staver, president, and chief executive officer of the bank, was quickly appointed chairman and chief executive officer for the new holding company while Robert B. Wilson was appointed president of the holding company and also executive vice president for the bank.[13] Wilson later resigned as president in December 1972[14] and his position was filled eight months later by John A. Elorriaga.[15]

After a long period of service, Staver finally retired in October 1974 and was succeeded by John Elorriaga who was promoted to chairman and chief executive officer while Carl W. Mays Jr was named president in Elorriaga's place.[16]

A major change in the organization of leadership in the U.S. Bancorp of Oregon occurred in August 1983. Although Elorriaga remained as chairman and chief executive officer for the firm, Mays was appointed to the new position of executive assistant to the chairman while Edmund P. Jensen was appointed president as a replacement to Mays, and Roger L. Breezley was appointed to the new post of chief operating officer.[17]

In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Forest Grove, Oregon-based Valley National Corporation (not to be confused with the Phoenix, Arizona, company of the same name) with its five-branch Valley National Bank of Forest Grove subsidiary for $13.7 million in stock.[18]

U.S. Bancorp of Oregon made its first acquisition outside the state of Oregon by announcing in December 1986 the pending acquisition of the Spokane, Washington-based Old National Bancorp with its Old National Bank of Washington and First National Bank of Spokane subsidiaries for $174 million.[19][20] The acquisition was completed in July 1987 on the first day that the state of Washington had allowed bank acquisitions by out-of-state companies.[21]

In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Camas, Washington-based Heritage Bank for $2.8 million.[22][23]

In May 1987, U.S. Bancorp of Oregon announced the pending acquisition of the Seattle, Washington-based Peoples Bancorp with its Peoples National Bank subsidiary for $275 million in stock.[24][25] The acquisition was completed in December 1987.[26] After the acquisition, Peoples and Old National were combined to form U.S. Bank of Washington.

John Elorriaga retired as chairman of the board and chief executive officer in November 1987 and was replaced by Roger L. Breezley while Jensen continued as president.[27][28]

In December 1987, U.S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Mt Baker Bank for $25 million.[29]

U.S. Bancorp of Oregon entered the state of California by announcing in April 1988 the pending acquisition of the Eureka, California-based Bank of Loleta with seven branch offices in Humboldt and Del Norte counties for $15.3 million in cash.[30] The acquisition was completed in December 1988 and was renamed U.S. Bank of California.[31]

In April 1988, U.S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Northwestern Commercial Bank for $15.5 million.[32] The acquisition was completed in November 1988.[33]

In July 1988, U.S. Bancorp of Oregon announced the pending acquisition of the Auburn, Washington-based Western Independent Bancshares with its Auburn Valley Bank subsidiary for $4.25 million in cash.[34]

In October is land o lakes american cheese bad for you, U.S. 5th 3rd online banking log of Oregon announced the pending acquisition of the Sacramento, California-based Mother Lode Savings Bank with three branch offices for $5.3 million.[35] The acquisition was completed in August 1990.[36] This acquisition was one of the first of a thrift by a commercial bank in the nation since legislation permitting such takeovers went into effect.

During the late 1980s, U.S. Bancorp of Oregon made several attempts to enter the state of Idaho by the acquisition of an existing Idaho-based bank, the only method then allowed under Idaho law, but failed when the price got too high.[37] In March 1990, U.S. Bancorp of Oregon announced that they would establish a bank through a loophole in Federal banking law that allows the Office of the Comptroller of the Currency to allow the relocation of bank headquarters within 30 miles of their present location without regards to state boundaries and state regulations.[38] So U.S. Bancorp of Oregon announced that they plan to transfer the existing branches of the First National Bank of Spokane to the U.S. Bancorp of Washington and then ask permission from the Office of the Comptroller of the Currency to move the headquarters of First National from Spokane, Washington, to Coeur d'Alene, Idaho. After receiving Federal approval, Chase bank hours of operation christmas eve National was finally moved in February 1992 and renamed U.S. Bank of Idaho.[39]

In July 1990, U.S. Bancorp of Oregon announced the pending acquisition of the Auburn, California-based HeartFed Financial Corporation with its Heart Federal Savings and Loan subsidiary for $107.8 million in stock.[40] At the time of the announcement, Heart Federal Savings had 29 branch offices in northern California. The acquisition was completed in March 1991 for $118 million.[41]

In November 1991, Edmund P. Jensen was given the post of chief operating officer in addition to his duties as president, making him a possible successor to Breezley.[42]

In February 1992, U.S. Bancorp of Oregon announced the pending acquisition of the 20 branch offices in Northern California and 29 branch offices in Nevada for $70 million that were being divested by Bankamerica Corporation as a result of Bank of America's impending acquisition of Security Pacific Corporation.[43][44][45] This acquisition gave U.S. Bancorp of Oregon its first presence in the state of Nevada.

Another major change in the organization of leadership in the U.S. Bancorp of Oregon occurred in January 1993. While retaining his position as chief operating officer, Edmund P. Jensen was appointed vice-chairman while giving his position of president to Kevin R. Kelly. At the same time, Gerry B. Cameron was appointed vice-chairman.[46] Ten months later, Jensen resigned to become president of Visa Inc.[47] In January 1994, Gerry Cameron was first appointed chief operating officer as a replacement to Jensen[48] and later appointed chief executive officer just three weeks later.[49] Kelly submitted his resignation as president in March 1994[50] and Breezley finally gave up the chairmanship to Cameron in April 1994.[51][52]

In May 1995, U.S. Bancorp of Oregon announced the pending acquisition of the Boise, Idaho-based West One Bancorp for $1.8 billion.[53][54] At the time of the announcement, West One had branch offices in Idaho, Oregon, Washington, and Utah while U.S. Bancorp of Oregon had branch offices in Oregon, Washington, California, Idaho, and Nevada. The acquisition was completed in December 1995 and gave U.S. Bancorp of Oregon its first entry into the state of Utah.[55] As part of the acquisition deal, West One's chairman and chief executive Daniel R. Nelson would become the chief operating officer and president of U.S. Bancorp and he would later be Cameron's successor as chairman and CEO upon Cameron's planned retirement in three years. Since both U.S. Bancorp and West One had overlapping territories in Oregon and Washington, the U.S. Justice Department would only allow the acquisition to proceed if U.S. Bancorp would sell off 27 branch offices in Washington and Oregon.[56] As a result of the regulatory ruling, U.S. Bancorp sold 25 branch offices in Oregon, four in central Washington and one in Idaho to First Hawaiian Bank for $38 million in cash.[57][58]

In February 1996, U.S. Bancorp of Oregon chase bank hours of operation christmas eve the pending acquisition of the San Ramon, California-based California Bancshares for $309 million in stock.[59] California Bancshares had a total of 38 branches in the East San Francisco Bay Area in nine separate banks that included Alameda First National, Community First National, Modesto Banking Co., Commercial Bank of Fremont, Lamorinda National Bank, Bank of San Ramon Valley, Westside Bank, Concord Commercial Bank and Bank of Milipitas. The acquisition was completed in June 1996.[60]

In September 1996, U.S. Bancorp of Oregon announced the pending acquisition of the St. George, Utah-based Sun Capital Bancorp with its three-branch office Sun Capital Bank subsidiary for $15.5 million.[61] The acquisition was completed in January 1997.[62]

In December 1996, Daniel R. Nelson, president and chief operating officer of U.S. Bancorp of Oregon, unexpectedly announced his early retirement effective on New Year’s Day 1997. Nelson was originally in line to be Gerry B. Cameron's successor as chairman and chief executive upon the Cameron's planned retirement on New Year's Day 1999.[63]

In December 1996, U.S. Bancorp of Oregon announced the pending acquisition of the Sacramento, California-based Business & Professional Bank for $35 million in cash.[64] The acquisition was completed in May 1997.[65]

First Bank System era[edit]

First Bank System used this logo from 1979. It incorporates the silhouette of the number one.

In March 1997, the Minneapolis, Minnesota-based First Bank System announced the pending acquisition of U.S. Bancorp of Oregon for $9 billion in stock.[66][67][68] At the time of the announcement, U.S. Bancorp of Oregon had banking offices in Oregon, Washington, California, Idaho and Utah while First Bank System had banking offices in Minnesota, Colorado, Nebraska, North Dakota, South Dakota, Montana, Iowa, Illinois, Wisconsin, Kansas, and Wyoming. Under the terms of the acquisition, First Bank System was the nominal survivor, and the newly merged company was headquartered in Minneapolis. However, it took the more recognizable U. S. Bancorp name. John Chase bank hours of operation christmas eve. Grundhofer, chairman and chief executive of First Bank, was appointed president and chief executive of the new company while Gerry B. Cameron, chairman, and chief executive of U.S. Bancorp of Oregon, was appointed chairman of the new company, which he held until his retirement in 1998. The acquisition was completed in August 1997.[69] Approximately 4000 jobs were eliminated, mostly in Portland.[70]

Brief history of First Bank prior to acquisition[edit]

Main article: First Bank System

First Bank System can trace its roots to the formation of First National Bank of Minneapolis in 1864. In 1929, the First National Bank of Minneapolis joined with the First National Bank of St. Paul to form a joint holding company for both banks that was called the First Bank Stock Corporation, while keeping both subsidiary banks legally separate. The new holding company quickly grew by acquiring other banks in the four-state region before the Bank Holding Company Act chase bank hours of operation christmas eve 1956 prohibited chase bank hours of operation christmas eve actions. First Bank Stock Corporation was renamed First Bank System Inc. in 1968.[71]

U.S. Bancorp after takeover by First Bank System[edit]

In September 1997, the new U.S. Bancorp, formerly First Bank System, announced the pending acquisition of the St. Cloud, Minnesota-based Zappco, Inc. with its three banks and six banking locations for an undisclosed amount.[72] At the time of the announcement, U.S. Bancorp had more than 1,000 banking offices in the states of Minnesota, Oregon, Washington, Colorado, California, Idaho, Nebraska, North Dakota, Nevada, South Dakota, Montana, Iowa, Illinois, Utah, Wisconsin, Kansas, and Wyoming. The acquisition was completed in December 1997.[73]

In March 1998, U.S. Bancorp announced the pending acquisition of the Vancouver, Washington-based Northwest Chase bank hours of operation christmas eve with its 10-branch offices Northwest National Bank subsidiary for an undisclosed amount.[74][75] In October 1998, the U.S. Justice Department agreed to allow the acquisition to proceed on the condition that one of the Northwest National Bank branch offices was to be sold.[76] The acquisition was completed in December 1998 after U.S. Bancorp sold the request banking office to Centennial Bank of Eugene.[77]

At the end of 1998, Gerry Cameron retired as chairman and handed the position over to John Grundhofer who added the title of chairman to his other positions of president and chief executive officer.[78][79]

In February 1999, U.S. Bancorp announced the pending acquisition of the San Diego-based Bank of Commerce with its 10 branch offices for $314 million in stock.[80][81][82] The acquisition was finalized in July 1999.[83]

In May 1999, U.S. Bancorp announced the pending acquisition of the Newport Beach, California-based Western Bancorp with its Santa Monica Bank and Southern California Bank subsidiaries and a total of 31 branch offices for $904 million in stock.[84][85] At the time of the announcement, U.S. Bancorp had 98 branch offices within California. The acquisition was finalized in November 1999 for $1.04 billion in stock.[86][87]

In July 1999, Philip G. Heasley was appointed president and chief operating officer of U.S. Bancorp. John Grundhofer had handed over the position of president to Heasley while still retaining the titles of chairman and chief executive officer.[88][89] Heasley had assisted Grundhofer in turning the company around from near insolvency when the company was originally known as First Bank until it became a successful financial institution that became large enough to be absorb other banks, including U.S. Bancorp of Oregon in 1997. Heasley resigned the following year to join Bank One as the head of their First USA credit card unit[90] around the same time Firstar chase bank hours of operation christmas eve about to takeover U.S. Bancorp.

In September 1999, U.S. Bancorp announced the pending acquisition of the San Diego-based Peninsula Bank with its 11 branch offices for $104 million in stock.[91][92][93][94] In early January 2000, a group of Peninsula Bank stockholders tried to stop the merger because the initial merger agreement was made prior to the huge 27% single-day drop in the value of U.S. Bancorp stock which effectively lowered the purchase price.[95] The acquisition was later completed in January 2000 at a 10% reduction of the original price negotiated.[96]

In June 2000, U.S. Bancorp announced the acquisition of the San Diego-based Scripps Financial Corporation with its nine-branch office Scripps Bank subsidiary for $155 million in stock.[97] The acquisition was completed in October 2000.[98]

Firstar era[edit]

In October 2000, Firstar Corporation of Milwaukee, Wisconsin, announced the pending acquisition of U.S. Bancorp for $21 billion in stock.[99][100][101] The merger was completed on February 27, 2001. While Firstar was the nominal survivor, the merged company took the U.S. Bancorp name and moved to old U. S. Bancorp's headquarters in Minneapolis.[102] Under the merger agreement, Jerry Grundhofer, president and chief executive officer of Firstar, would continue in those positions in the combined company while his older brother, John Grundhofer, chairman, president and chief executive officer of U.S. Bancorp, would serve commercial realtors in my area chairman of the board in the combined company until his planned retirement on December 31, 2002.[101][103] The merged company retained some administrative functions in Milwaukee and Cincinnati.

To allow the merger to proceed, the U.S. Department of Justice required Firstar to sell 11 branch offices in the Minneapolis-area and 2 in Council Bluffs, Iowa.[104]Bremer Bank of Saint Paul, Minnesota, purchased the 11 Minneapolis-area Firstar offices[105][106] while Liberty Bank of West Des Moines, Iowa, purchased the 2 Council Bluffs offices.[107][108]

Brief history of Firstar prior to acquisition[edit]

Main article: Firstar Corporation

Firstar Corporation traced its roots to the founding of the Farmer's and Millers Bank in Milwaukee in 1853, which by 1919 evolved into First Wisconsin National Bank. However, the Firstar that took over U.S. Bancorp in 2001 was actually the same company and leadership that acquired Firstar 27 months earlier in wells fargo business checking fee schedule, namely Star Banc Corporation. That bank, in turn, traced its roots to the founding of First National Bank of Chase bank hours of operation christmas eve in 1863. Jerry Grundhofer and his team from Star Banc were instrumental in both acquisitions.

Present-day U.S. Bancorp retains Star Banc's pre-1998 stock price history. As mentioned above, it claims 1863 as its founding date, and operates under the charter originally granted to First National Bank of Cincinnati. Additionally, all SEC filings before 1998 are under Star Banc, and all filings from 1998 to 2000 are under Firstar.

U.S. Bancorp after takeover by Firstar[edit]

In April 2001, the new U.S. Bancorp announced the pending acquisition of all 20 branch offices in California of the Encino-based Pacific Century Bank from its Honolulu-based parent Pacific Century Financial Corporation.[109][110] The acquisition was completed in September 2001.[111][112]

In July 2002, U.S. Bancorp announced the pending acquisition of all 57 retail banking branches of the San Mateo, California-based Bay View Bank from its Bay View Capital Corporation parent for $429 million.[113][114] The acquisition was completed in November 2002.[115]

On New Years Day 2003, John Grundhofer retired as chairman of U.S. Bancorp and handed the position to his younger brother Jerry Grundhofer, who added the title of chairman to his other positions of president and chief executive officer in the corporation.[116]

In May 2004, U.S. Bancorp announced that it was acquiring the $34 billion corporate trust bond administration business from National City Corporation.[117][118][119]

In October 2004, Richard K. Davis was appointed chief operating officer and president of U.S. Bancorp. Jerry Grundhofer had handed over the position of president to Davis while still retaining the titles of chairman and chief executive officer.[120] Davis had been a protege of Grundhofer since their days together at Star Banc Corporation and had assisted in the takeover of Firstar by Star Banc in 1998[121] and the later acquisition of U.S. Bancorp by Firstar in 2001.

U.S. Bancorp acquired Genpass along with its MoneyPass ATM network subsidiary for an undisclosed amount in May 2005.[122]

In November 2005, U.S. Bancorp announced that it was acquiring the $410 billion corporate trust and institutional custody businesses of Wachovia Corporation for $720 million in cash.[123]

In July 2006, U.S. Bancorp announced that it was acquiring the $123 billion municipal and corporate bond trustee business from SunTrust.[124]

In June 2006, U.S. Bancorp announced the pending acquisition of the Avon, Colorado-based Vail Banks Inc. with its WestStar Bank subsidiary and 23 locations for $98.6 million in cash.[125] The acquisition was completed in September 2006.[126]

In November 2006, U.S. Bancorp announced that it was acquiring the $30 billion municipal bond trustee business from LaSalle Bank.[127][128]

In November 2006, U.S. Bancorp announced the pending acquisition of the Great Falls, Montana-based United Financial Corporation with its Heritage Bank subsidiary for $71 million in stock.[129] The acquisition was completed in February 2007 and nearly double the branch presence of U.S. Bank in Montana.[130]

In December 2006, Jerry Grundhofer handed over the position of chief executive officer to president Richard Davis while Grundhofer remained chairman until his retirement the following year in December 2007.[131][132][133] After Grundhofer retirement in December 2007, Davis added the position of chairman to his other titles of president and chief executive officer.[134]

In March 2008, the U.S. Bancorp announced the pending acquisition of the seven-office Los Angeles-based Mellon 1st Business Bank from the Bank of New York Mellon for an undisclosed amount in cash.[135] The acquisition was completed in June 2008.[136]

On November 14, 2008, the U.S. Treasury invested $6,599,000,000 in preferred stock and warrants td bank ranking in north america the company via the Emergency Economic Stabilization Act of 2008.[137] Weeks earlier, U.S. Bancorp has entered into acquisition talks with National City Corp. and had made an offer to buy National City until PNC Financial Services used its portion of TARP funds to outbid U.S. Bancorp and acquire National City instead.[138] Had National City accepted U.S. Bancorp's offer, U.S. Bancorp would have expanded into Florida, Michigan and Pennsylvania (three states that as of 2021 still don't have a retail presence from U.S. Bancorp), but major divestments would've been made in Midwestern states, especially Ohio.

On November 21, 2008, the company acquired the failed Downey Savings & Loan Association and also the failed Pomona First Federal Bancorp in a transaction facilitated by the Federal Deposit Insurance Corporation for an undisclosed amount.[139] Downey Savings had 170 branch offices in California and five branch offices in Arizona while PFF Bank had 38 branch offices in Southern California.

In April 2009, U.S. Bancorp acquired the assets and deposits of the failed Ketchum, Idaho-based First Bank of Idaho in a transaction facilitated by the FDIC.[140][141] First Bank of Idaho had seven offices in Idaho and Wyoming, some of which operated under the name First Bank of the Tetons.

On June 17, 2009, the company redeemed my bank first united bank & trust $6.6 billion of preferred stock and on July 15, 2009, it completed the purchase of a warrant held by the U.S. Treasury Department. This effectively concluded U.S. Bancorp’s participation in the Capital Purchase Program. It was the first bank to repay the Troubled Asset Relief Program (TARP) funds.[142]

On October 5, 2009, the company announced its acquisition of the $8 billion mutual fund administration and accounting servicing division of Fiduciary Management, Inc. for an undisclosed amount.[143][144]

On October 7, 2009, the company agreed to buy the bond trustee business of First Citizens Bank, a subsidiary of First Citizens BancShares Inc. for an undisclosed amount.[145][146]

On October 20, 2009, the company completed a transaction to purchase the failed FBOP Corporation's nine subsidiary banks from the FDIC for an undisclosed amount. The banks included BankUSA, National Association with 2 offices in Arizona, Cal National Bank with 68 offices in California, Citizens National Bank with 1 office in Texas, Community Bank of Lemont with 1 office in Illinois, Madisonville State Bank with 1 office in Texas, North Houston Bank with 1 office in Texas, Pacific National Bank with 17 offices in California, Park National Bank with 31 offices in Illinois, and San Diego National Bank with 28 offices in California.[147]

Since the company did not have a previous presence in Texas nor want one in the near future, the company subsequently sold the three banks in Texas in 2010 to Houston-based Prosperity Bancshares for an undisclosed amount.[148] Each of the banks had one office each.[147]

In October 2009, BB&T Corporation (now Truist Financial) announced the pending sale of its Nevada banking operations to U.S. Bancorp for an undisclosed amount. BB&T had just acquired the 21 offices in Nevada through a transaction facilitated by the FDIC for disposal of the assets and deposits of the failed Alabama-based Colonial BancGroup but BB&T had no desire to expand west of Texas while it wanted to keep the other Colonial former locations in the Southeastern United States.[149] The acquisition was completed in January 2010.[150]

In July 2010, U.S. Bancorp sold its FAF Advisors subsidiary to Nuveen Investments for $80 million and a 9.5% stake in Nuveen.[151][152]

In 2010, Huntington Bancshares announced it would take over the leases of bank branches inside Giant Eagle locations in Ohio, largely replacing U.S. Bancorp but also replacing branches from FirstMerit Corporation (which itself would be acquired by Huntington in 2016) and Citizens Financial Group; the deal didn't affect Citizens branches inside Giant Eagle locations in Pennsylvania.[153][154] The deal mostly didn't affect U.S. Bancorp, but it did lead to the withdrawal from the Youngstown, Ohio market since U.S. Bancorp's only branches in the area were inside Giant Eagle locations; the branches had been a holdover from the Firstar days. By 2020, U.S. Bancorp had organically become Ohio's largest bank by deposits despite not having a presence in the Youngstown and Toledo markets and ahead of major banks based in Ohio (Huntington, Fifth Third Bank & KeyBank), PNC Bank, and Chase Bank.[155]

In January 2011, U.S. Bancorp acquired the assets and deposits of the failed First Community Bank of New Mexico in a transaction facilitated by the FDIC for an asset discount of approximately $380 million.[156] The acquisition had included 35 offices in New Mexico and 3 offices in Arizona.

In January 2012, the company acquired the assets and deposits of the failed Knoxville, Tennessee-based BankEast in a transaction facilitated by the FDIC for an asset discount of approximately $67.5 million.[157] The acquisition had included 10 offices in the Knoxville area.

In March 2013, U.S. Bancorp announced that it was acquiring the $57 billion municipal bond trustee business from Deutsche Bank.[158]

In January 2014, U.S. Bancorp announced the pending acquisition of 94 branch offices of the Charter One Bank in Chicago from the RBS Citizens Financial Group for $315 million,[159] doubling its market share in Chicago.[160] 13 Charter One branches were closed due to their close proximity to existing U.S. Bank offices.[161] The acquisition was completed in June 2014.[160]

In January 2015, chief financial officer Andrew Cecere was promoted to chief operating officer.[162] A year later, Cecere was given the additional position of president.[163]

In January 2017, U.S. Bancorp announced that chairman and CEO Richard Davis was going to hand over his CEO position to president and COO Andrew Cecere in April 2017 while still remaining chairman of the corporation.[164] Davis officially retired from the company in April 2018 and handed over the chairmanship position to Cecere.[165]

In February 2018, the bank was charged by the Department of Justice with failing to implement measures preventing illegal activities, including one case of abetting them.[166] To defer prosecution, U.S. Bancorp agreed to pay $613 million in fines and agreed to implement measures to show the authorities that it had improved the monitoring of its customer transactions.[166] $505 million was distributed in September 2018 to customers of an illegal payday loan business whose suspicious activities US Bancorp had failed to report.[167]

In September 2018, Fiserv announced that it would acquire MoneyPass from US Bancorp for $690 million.[168] The deal was finalized in March 2019.[169] The sale did not include Elan's credit card issuing division, which issued among some of the most prominent cards including Fidelity, BMW and Mercedes Benz.[170] In December 2019, the bank dismissed Emily James, a Portland, Ore., call-center employee, and her supervisor, after James personally gave $20 of her own money to a customer in need, Marc Eugenio. On Christmas Eve, Eugenio ran out of gasoline and cash, and he was stranded at a gas station when his U.S. Bank debit card was rejected because funds he had deposited two days earlier had not yet been released into his account as he had been promised. After an unsuccessful attempt to release the funds, James met Eugenio at the gas station during her break and offered him $20 from her own pocket as a Christmas Eve act of kindness. She was fired from her job, despite U.S. Bankcorp's policy that "Our employees are empowered to do the access bank customer care email thing."[171][neutrality is disputed] After Nicolas Kristof published a critique of the firing in The New York Times the bank agreed to rehire the employees.[172]

On September 21, 2021, U.S. Bancorp agreed to purchase MUFG Union Bank's consumer business for $8 billon. It is the bank's biggest deal since 2001 when it merged with Milwaukee-based Firstar Corp. for $21 billion. The deal with MUFG Union Bank will add $58 billion in loans to U.S. Bancorp's current base of $294 billion. The merger will also give U.S. Bancorp a large presence on the U.S. West Coast, especially California.[173] The combined bank will have $723 billion in assets.[174]

Notable corporate buildings[edit]

  • U.S. Bank Center in Phoenix, Arizona
  • U.S. Bank Tower in Sacramento, California
  • One California in San Francisco, California, sports the U.S. Bank logo and houses bank offices
  • U.S. Bank Tower in Los Angeles, California, the third tallest building west of the Mississippi River
  • U.S. Bank Tower in Denver, Colorado
  • U.S. Bank Plaza in Boise, Idaho
  • U.S. Bank Building in Chicago, Illinois
  • U.S. Bank Building in Davenport, Iowa
  • U.S. Bank Building in Duluth, Minnesota
  • U.S. Bancorp Center in Minneapolis, Minnesota
  • U.S. Bank Plaza in Minneapolis, Minnesota
  • U.S. Bank Center in St. Paul, Minnesota
  • One U.S. Bank Plaza in St. Louis, Missouri
  • U.S. Bank Building in Billings, Montana
  • U.S. Bank Tower in Lincoln, Nebraska
  • U.S. Bank Center in Las Vegas, Nevada
  • U.S. Bank Tower in Cincinnati, Ohio
  • U.S. Bank Centre in Cleveland, Ohio
  • U.S. Bancorp Tower in Portland, Oregon
  • U.S. Bank Building in Sioux Falls, South Dakota
  • U.S. Bank Centre in Seattle, Washington
  • U.S. Bank Building in Spokane, Washington
  • U.S. Bank Building in La Crosse, Wisconsin
  • U.S. Bank Center in Milwaukee, Wisconsin
  • U.S. Bank Plaza in Madison, Wisconsin
  • U.S. Bank Building in Sheboygan, Wisconsin

Naming rights and sponsorships[edit]

U.S. Bank owns corporate naming rights to the following:

U.S. Bank is a sponsor of:

See also[edit]

References[edit]

  1. ^"Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. December 31, 2020.
  2. ^ ab"U.S. Bancorp 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  3. ^"U.S. Bancorp 2019 Form 10-K Annual Report: Management's Discussion and Analysis". U.S. Securities and Exchange Commission.
  4. ^"EDGAR Search Results". www.sec.gov. Retrieved November 8, 2018.
  5. ^"Biggest US Banks by Asset Size (2021)". MX Technologies. April 20, 2021. Retrieved September 21, 2021.
  6. ^"U.S. Bancorp". Fortune.
  7. ^Elan Credit Card Issuance. Elan Financial Services – via Vimeo.
  8. ^"Wells Fargo: Guided By History". Wells Fargo.
  9. ^ abcdefgh"US Bank | Annual Report 2012 | 150th Anniversary". media.corporate-ir.net.
  10. ^"U.S. Bancorporation Unit". The Wall Street Journal. January 6, 1969. p. 6. ProQuest 133444076.
  11. ^"U.S. National, Oregon, Board Votes Reorganization Plan". The Wall Street Journal. September 9, 1968. p. 13. ProQuest 133266993. Archived from the original on September 13, 2017. Retrieved July 7, 2017.
  12. ^"Two Major Banks Get Permission to Organize One-Unit Holding Firms: Currency Comptroller Approves Three Other Such Proposals, Putting Week's Total at Seven". The Wall Street Journal. November 29, 1968. p. 6. ProQuest 133266985. Archived from the original on August 19, 2017. Retrieved July 7, 2017.
  13. ^"Robert B. Wilson Is Named President of U.S. Bancorp". The Wall Street Journal. February 25, 1969. p. 16. ProQuest 133427185.
  14. ^"Dividend News: U.S. Bancorp Increases Payout, Proposes Split; Wilson Quits Presidency". The Wall Street Journal. December 26, 1972. p. 13. ProQuest 133753497.
  15. ^"U.S. Bancorp Appoints John Elorriaga President". The Wall Street Journal. August 28, 1973. p. 20. ProQuest 133793903.
  16. ^"At the Top: U.S. Bancorp elected a new president and a new chairman". Los Angeles Times. October 29, 1974. p. d9. ProQuest 157559436. Archived from the original on February 1, 2018. Retrieved July 7, 2017.
  17. ^"U.S. Bancorp". The Wall Street Journal. August 30, 1983. p. 34. ProQuest 134786963.
  18. ^"U.S. Bancorp Plans to Buy Valley National for Stock". The Wall Street Journal (Eastern ed.). December 8, 1986. p. 1. ProQuest 397966831.
  19. ^Gapa, Les (December 18, 1986). "A Big Oregon Bank Will Buy Old National". Seattle Post-Intelligencer. p. B10.
  20. ^Buck, Richard (December 18, 1986). "Merger to Make U.S. Bancorp. Biggest Bank". Seattle Times. p. F1.
  21. ^Buck, Richard (June 30, 1987). "State Banks Ready to Open Door to Interstate Banking". Seattle Times. p. C1.
  22. ^"Briefly". Los Angeles Times (Home ed.). December 25, 1986. p. 11. ProQuest 292473590.
  23. ^"U.S. Bancorp Plans to Buy Camas Bank". Seattle Post-Intelligencer. December 25, 1986. p. B7.
  24. ^"U.S. Bancorp To Buy Peoples". The New York Times. May 20, 1987.
  25. ^Heberlein, Greg (May 19, 1987). "U.S. Bankcorp. Agrees to Merge With Peoples". Seattle Times. p. E1.
  26. ^Erickson, Jim (January 1, 1988). "A Bad Year for Nostalgia – Interstate Banking Law Had Its Effect". Seattle Post-Intelligencer. p. B12.
  27. ^"U.S. Bancorp's Breezley Is Named Chairman, Chief". The Wall Street Journal (Eastern ed.). October 27, 1987. p. 1. ProQuest 398140601.
  28. ^"People on The Move". Seattle Post-Intelligencer. November 2, 1987. p. B6.
  29. ^"U.S. Bancorp Plans To Buy Mt Baker Bank". The Wall Street Journal (Eastern ed.). December 17, 1987. p. 1. ProQuest 398076904.
  30. ^Sorensen, Donald J. (April 9, 1988). "U.S. Bancorp to Expand to California". bank of america cashpro user guide Oregonian. p. E01.
  31. ^Roberts, Bruce & Ruble, Mary B. (June 12, 1989). "Bank of Loleta Becomes U.S. Bank of California" (Press release). U.S. Bancorp. p. 1. ProQuest 447099550 – via Business Wire.
  32. ^"U.S. Bancorp Sets Purchase". The Wall Street Journal (Eastern ed.). April 28, 1988. p. 1. ProQuest 398081906.
  33. ^Ruble, Mary; Bowler, Don & Van Duine, Teri (November 17, 1988). "U.S. Bancorp Acquires Northwestern Commercial Bank". Business Wire (Press release). p. 1. ProQuest 444885120.
  34. ^"U.S. Bancorp – Western Independent Bancshares Is Purchased". Seattle Post-Intelligencer. July 23, 1988. p. B3.
  35. ^Sorensen, Donald J. (October 19, 1989). "U.S. Bancorp Buys Women-Founded Sacramento Bank". The Oregonian. p. E17.
  36. ^MacKenzie, Bill (August 26, 1990). "U.S. Bank Acquires Mother Lode Savings". The Oregonian. p. B06.
  37. ^Howe, Kenneth (July 29, 1991). "U.S. Bancorp on Northern California Buying Spree". San Francisco Chronicle. p. B1.
  38. ^Reed, Molly (March 13, 1990). "First National Bank in Spokane to Transfer Branches to U.S. Bank" (Press release). U.S. Bancorp. p. 1. ProQuest 447084700 – via Business Wire.
  39. ^Ruble, Mary & Schmitt, Gary (February 19, 1992). "U.S. Bank Gains Approval to Serve Idaho Customers" (Press release). U.S. Bancorp. p. 1. ProQuest 444959000 – via Business Wire.
  40. ^Rooks, Judy (July 18, 1990). "U.S. Bancorp Buys California Savings And Loan". The Oregonian. p. D01.
  41. ^"U.S. Bancorp pays $118 million for California thrift". chase bank hours of operation christmas eve Press International. March 28, 1991.
  42. ^"U.S. Bancorp". The Wall Street Journal (Eastern ed.). November 5, 1991. p. B8. ProQuest 398230814.
  43. ^"Banking & Finance". Los Angeles Times. February 27, 1992.
  44. ^Hicks, Larry (February 27, 1992). "BofA, Security Pacific Branches Sold – U.S. Bancorp Deal Boosts Market Share In Sacramento, Northern California". Sacramento Bee. p. D1.
  45. ^"U.S. Bancorp to Acquire Divested Bank Of America, Security Pacific Branches In Northern California, Nevada" (Press release). US Bancorp. February 27, 1992 – via PR Newswire.
  46. ^"U.S. Bancorp". The Wall Street Journal (Eastern ed.). January 14, 1993. p. B8. ProQuest 398445241.
  47. ^Hansell, Saul (October 27, 1993). "Visa International Is Set To Replace Top Officer". The New York Times.
  48. ^"Gerry B. Cameron Named Chief Operating Officer Of U.S. Bancorp" (Press release). U.S. Bancorp. January 6, 1994 – via The Free Library.
  49. ^Francis, Mike & Hamburg, Ken (January 27, 1994). "U.S. Bancorp Board Puts Cameron In Charge". The Oregonian. p. C01.
  50. ^Francis, Mike (March 19, 1994). "Kelly Steps Down at U.S. Bancorp". The Oregonian. p. E01.
  51. ^"Chairman Of U.S. Bancorp Steps Down". The New York Times. April 20, 1994.
  52. ^"U.S. Bancorp Chairman Roger Breezley Resigns". Seattle Times. April 20, 1994.
  53. ^Torbenson, Eric (May 9, 1995). "Idaho Loses Last Major State Bank Boise's West One Agrees To U.S. Bancorp Merger". The Spokesman-Review. Spokane.
  54. ^Manning, Jeff (May 9, 1995). "Banking on Bigness: U.S. Buying West One". The Oregonian. p. A01.
  55. ^"U.S. Bancorp Completes Purchase Of West One". The New York Times. Bloomberg L.P. December 28, 1995.
  56. ^"Justice Allows U.S. Bank Deal". The Spokesman-Review. December 12, 1995.
  57. ^"First Hawaiian To Buy U.S. Bank Branches". Seattle Times. December 5, 1995.
  58. ^"Hawaii Bank Buys U.S. Bank Branches". The Spokesman-Review. December 5, 1995.
  59. ^"U.S. Bancorp to Buy California Bancshares: Mergers: Drop in Oregon bank's share price reflects concern that $309-million price tag is too high". Los Angeles Times. February 13, 1996.
  60. ^"U.S. Bancorp completes California deal". United Press International. June 6, 1996.
  61. ^"U.S. Bancorp to Acquire Sun Capital". Deseret News. September 26, 1996.
  62. ^"Meanwhile in Utah .". Salt Lake Tribune. January 4, 1997. p. E10.
  63. ^Bartel, Frank (December 25, 1996). "Ex-Spokane Banker Passes Up Chance To Lead Regional Financial Giant". The Spokesman-Review.
  64. ^Ota, Alan K. (December 28, 1996). "U.S. Bancorp Buys California Bank". The Oregonian. p. B12.
  65. ^"U.S. Bancorp Completes Acquisition of Business & Professional Bank" (Press release). U.S. Bancorp. May 1, 1997. Archived from the original on August 15, 2017. Retrieved May 26, 2017 – via PR Newswire.
  66. ^Hansell, Saul (March 21, 1997). "First Bank System to Buy U.S. Bancorp of Oregon". The New York Times.
  67. ^"First Bank System to buy U.S. Bancorp: Minneapolis-based.". Chicago Tribune. March 20, 1997.
  68. ^"First Bank Strikes Deal To Acquire U.S. Bancorp $9 Billion Deal Will Create 14th-Largest Bank In America". The Spokesman-Review. March 21, 1997.
  69. ^DePass, Dee (August 2, 1997). "It's a done deal: First Bank System acquires U.S. Bancorp – and its name – Analysts are waiting to see whether new combined company will make planned $340 million in expense cuts by next year". Minneapolis Star-Tribune. p. 02D.
Источник: https://en.wikipedia.org/wiki/U.S._Bancorp

ACH Holiday Schedule

United States Federal Reserve Bank Holidays

Federal Reserve Banks will be closed on the following holidays; no ACH transactions can be processed on those dates. Please incorporate these dates into your processing windows like you would incorporate weekends. If you have any questions, please contact us at 1-800-345-7243.

 

Holiday Non-Processing Calendar

Holiday20212022
New Year’s DayFri, January 1Sat, January 1
Martin Luther King Jr. DayMon, January 18Mon, January 17
President’s DayMon, February 15Mon, February 21
Memorial DayMon, May 31Mon, May 30
Independence DaySun, July 4Mon, July 4
Labor DayMon, September 6Mon, September 5
Columbus DayMon, October 11Mon, October 10
Veteran’s DayThurs, November 11Fri, November 11
Thanksgiving DayThu, November 25Thu, November 24
Christmas Eve/Day **Sat, December 25**Sun, December 25**

* For holidays falling on Saturday, Federal Reserve Banks and branches will be open the preceding Friday.
** PaymentVision will be closed from 12:00 P.M. (noon) Central Time on Christmas Eve, December 24th through Christmas Day, the 25th.


About PaymentVision

PaymentVision is a biller-direct, PCI-certified, electronic payment gateway provider. PaymentVision offers clients the unified ability to accept ACH, check, and credit or debit card payments, by phone, or through Internet channels.

To learn more about how our convenience fee solutions, state-of-the-art payment technology, and excellent customer service can help make your business even more amazing, give us a call at 1-800-345-7243, or send us a message.

Источник: https://www.paymentvision.com/resource-center/ach-non-processing-calendar

All Glendale Library, Arts & Culture locations will be closed Thursday, November 25th through Sunday, November 28th in observance of Thanksgiving.

Upcoming Holidays

  • November 24, 2021 — Wednesday — CLOSE AT 5 pm (Chevy Chase, Pac Park Closed Day)

  • November 25, 2021 — Thursday — Thanksgiving Day – City Holiday

  • November 26, 2021 — Friday — Thanksgiving – City Holiday

  • November 27, 2021 — Saturday — Thanksgiving – Closed Day

  • November 28, 2021 — Sunday — Thanksgiving – Closed Day

  • December 24, 2021 — Friday — Christmas Eve – City Holiday

  • December 25, 2021 — Saturday — Christmas – City Holiday

  • December 26, 2021 — Sunday — Christmas – Closed Day

  • December 31, 2021 — Friday — New Year’s – City Holiday

  • January 1, 2022 — Saturday — New Year’s – City Holiday

  • January 2, 2022 — Sunday — New Year’s – Closed Day

Click here to view the full 2021 Holiday Schedule

  • January 1, 2021 — Friday — New Year’s – City Holiday
  • January 2, 2021 — Saturday — New Year’s – Closed Day
  • January 3, 2021 — Sunday — New Year’s – Closed Day
  • January 16, 2021 — Saturday — Martin Luther King Jr. Day – Closed Day
  • January 17, 2021 — Sunday — Martin Luther King Jr. Day - Closed Day
  • January 18, 2021 — Monday — Martin Luther King Jr. Day – City Holiday
  • February 13, 2021 — Saturday apply for an ein number in georgia President’s Day – Closed Day
  • February 14, 2021 — Sunday — President’s Day - Closed Day
  • February 15, 2021 — Monday — President’s Day – City Holiday
  • April 4, 2021 — Sunday — Easter – Closed Day
  • May 29, 2021 — Saturday — Memorial Day – Closed Day
  • May 30, 2021 — Sunday — Memorial Day – Closed Day
  • May 31, 2021 — Monday — Memorial Day – City Holiday
  • July 3, 2021 — Saturday — Independence Day – City Holiday
  • July 4, 2021 — Sunday — Independence Day – Closed Day
  • July 5, 2021 — Monday — Independence Day – Closed Day
  • September 4, 2021 — Saturday — Labor Day – Closed Day
  • September 5, 2021 — Sunday — Labor Day – Closed Day
  • September 6, 2021 — Monday — Labor Day – City Holiday
  • November 11, 2021 — Thursday — Veterans Day – City Holiday
  • November 24, 2021 — Wednesday — CLOSE AT 5 P.M. (Chevy Chase, Pac Park Closed Day)
  • November 25, 2021 — Thursday — Thanksgiving Day – City Holiday
  • November 26, 2021 — Friday — Thanksgiving – City Holiday
  • November 27, 2021 — Saturday — Thanksgiving – Closed Day
  • November 28, 2021 — Sunday — Thanksgiving – Closed Day
  • December 24, 2021 — Friday — Christmas Eve – City Holiday
  • December 25, 2021 — Saturday — Christmas – City Holiday
  • December 26, 2021 — Sunday — Christmas – Closed Day
  • December 31, 2021 — Friday — New Year’s – City Holiday
  • January 1, 2022 — Saturday — New Year’s – City Holiday
  • January 2, 2022 — Sunday — New Year’s – Closed Day
Источник: https://www.eglendalelac.org/hours-of-operation

I Want To

Insurance Products, Investments & Annuities: Not A Deposit

As with most other banks, Chase Bank business hours follow a standard time frame. Weekdays will see the longest hours of operations, with Saturdays being reduced and Sundays being closed. You may even find some Chase Bank locations that are shut on Saturdays too. Chase Bank Hours may differ by the type of location and branch you visit.

Chase Bank Logo

Chase Bank Traditional hours in certain branches are usually 9 am to 6 pm from Monday to Friday and 9 am to 2 pm on Saturday. Sunday is closed. Chase branches located within Shopping centers can have different hours.

What time does Chase Bank Open?

MONDAY9 AM - 6 PM
TUESDAY9 AM - 6 PM
WEDNESDAY9 AM - 6 PM
THURSDAY9 AM - 6 PM
FRIDAY9 AM - 6 PM
SATURDAY9 AM - 2 PM
SUNDAYCLOSED

Chase Banks hours of operation will begin at 9 am each day they are opened. This is the easiest time to remember as these times never change.

What time does Chase Bank Close?

Closing times for Chase Banks hours of operation remain very similar too. In fact the only day of the week where the bank doesn’t shut at 6 pm is on a Saturday.

Chase Bank hours for closing is greatly reduced on Saturdays, with most locations closing at 2 pm.

How Can I Find the Nearest Chase Bank Location?

Chase Bank locations are relatively easy to find should you be unsure. Visiting the Chase Bank branch locator section of their website should provide you will all of the information necessary to find your closest Chase Bank location.

Its easy to use, as all you need to do is to enter details such as your address, city or state and you will then be given all the nearest Chase Banks related to this info.  You can also refine your search based on the services you are looking for from Chase bank.

Chase Bank phone numbers can also be found in this manner. Whether you want a particular branches contact information or are looking for bank of america direct deposit routing number service numbers, you will find everything you need on the Chase Bank website.

CLICK HERE FOR THE NEAREST CHASE BANK LOCATIONS

Chase Bank Holiday’s – Observed:

  • Martin Luther King Jr. Day
  • Presidents Day
  • Easter
  • Memorial Day
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving
  • Christmas Eve
  • Christmas Day
  • New Year’s Eve
  • New Year’s Day

Last updated: August 25th, 2020
Author: Victor Emanuel Sterpu

Send me an email when these business hours have been updated.

Источник: https://www.hoursopentoclose.com/chase-bank-hours-what-time-does-chase-close/

Processing may take longer

Electronic bank transfers are routed through the Federal Reserve, so they don't advance on holidays when the Fed is closed. (The same goes for weekends.) Thus, banking business you do online on a holiday will not start processing until the next business day.

Similarly, if it typically takes, say, two or three business days for a check deposit to clear or for a payment to process, the holiday won't count toward those days.

The day of the week matters

By law, five of the 10 Federal Reserve holidays — Martin Luther King Jr. Day; Washington's Birthday, or Presidents’ Day; Memorial Day; Labor Day; and Columbus Day — always take place on a Monday. The rest occur on fixed dates and periodically fall on a Sunday. In that instance, the Fed observes the holiday on the following Monday (as it did for Independence Day in 2021), and banks often do the same.

If a holiday falls on a Saturday, the Fed does not observe it on the Friday before.

Schedules may differ by state

Some states have distinct holidays of their own or observe holidays that are not on the federal calendar, such as Good Friday, the day after Thanksgiving or Christmas Eve. Bank branches in your state might close or operate with shorter hours on those days.

Источник: https://www.aarp.org/money/investing/info-2021/federal-bank-holidays.html
Not Guaranteed By The Bank Or Its Affiliates

Chase bank hours of operation christmas eve -

Not Insured By Any Federal Government Agency

The following is the Chase Bank Holidays 2020 Schedule Which is provided by the Federal Reserve Bank System. Chase Holiday Hours Schedule also follows all Standard Bank of USA. Federal Holidays also regarded as the National Holidays in USA. Here you will get the Region of Holiday and Date of Holiday. Please click on the “Region of Bank Holiday” to know the details about the holiday as – Region of the holiday, event and incident, Importance of the day etc. 

Chase Bank Holiday Hours Schedule 2020

Chase Bank Holidays 2020DateDay
New Year’s DayJanuary 1, 2020Wednesday
Martin Luther King Jr.’s BirthdayJanuary 20, 2020Monday
Washington’s Birthday / Presidents DayFebruary 17, 2020Monday
Memorial DayMay 25, 2020Monday
Independence Day *July 4, 2020Saturday
Labor DaySeptember 7, 2020Monday
Columbus DayOctober 12, 2020Monday
Veterans DayNovember 11, 2020Wednesday
Thanksgiving DayNovember 26Thursday
Christmas DayDecember 25, 2020Friday

Chase Holidays 2020: * For holidays falling on Saturday, most of the bank branches will be open the preceding Friday. In 2020, Independence Day (July 4th) falls on Saturday. * Saturday – the Board of Governors is closed on July 3, 2020.

An Inntroduction of Chase Bank holidays and observances in 2020:

As per rules of Federal Reerve System law (5 U.S.C. 6103), If a public holiday falls on a non-working day (Saturday or Sunday for most federal employees), the holiday is usually observed (and marked as such in the overview below) on the preceding Friday if the federal holiday falls on a Saturday, or on the following Monday if the federal holiday falls on a Sunday. Please note that the official federal name for Presidents’ Day, which honors George Washington, is Washington’s Birthday. The name Presidents’ Day (also often written President’s Day or Presidents Day) is used here because the holiday is widely known under this name, especially in states which remember additional presidents (Lincoln, Jefferson and others) together with George Washington.

To know more information about federal holidays and other national holiday observances visit Wikipedia.

Chase Holiday Hours Schedule 2019

Chase Holiday Hours 2019DateDay
New Year’s DayJanuary 1, 2019Tuesday
Martin Luther King Jr.’s BirthdayJanuary 21, 2019Monday
Washington’s Birthday / Presidents DayFebruary 18, 2019Monday
Memorial DayMay 27, 2019Monday
Independence Day *July 4, 2019Thursday
Labor DaySeptember 2, 2019Monday
Columbus DayOctober 14, 2019Monday
Veterans DayNovember 11, 2019Monday
Thanksgiving DayNovember 28, 2019Thursday
Christmas DayDecember 25, 2019Wednesday

Chase Bank Holidays 2020 Policy: Chase Bank observes holidays each year as determined by the Federal Reserve Bank of New York. Read more from the official website.

Note: This Chase Holiday Hours Schedule 2020 will also applicable for All other USA Bank’s only. For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday; however, the Board of Governors will be closed. For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday.

jpmorgan Chase Bank Holiday 2020 Printable Calendar Free Download

Here are some popular question and Answer on Chase Bank Holidays

Are Chase banks open on New Year’s Day?

No, Chase Bank’s branch will be closed on New Year’s Day?

Are Chase banks open on Martin Luther’s Birthday / MLK Day?

No, All branch of Chase Bank will be closed on Martin Luther’s Birthday / MLK Day.

Are Chase banks open on Columbus Day?

No, All branch of Chase Bank will be closed on Columbus Day.

Are Chase banks open on President’s Day?

No, All Chase Bank’s branch will be closed on President’s Day?

Are Chase banks open on Veterans Day?

No, All Chase Bank’s branch will be closed on Veterans Day?

Are Chase banks open on Good Friday?

No, All branch of Chase Bank will be closed on Good Friday.

Are Chase banks open on Black Friday?

No, All Chase Bank’s branch will be closed on Black Friday?

Here is some Popular Bank holiday Schedule 2020.

Don’t forget to share. If you have any question about this topics, ask your question here.

Related

Источник: https://banksinfo.us/blog/bank-holidays/chase-bank-holidays/

U.S. Bancorp

American bank holding company

"US Bank" redirects here. For other uses, see Bank of the United States.

U.S. Bancorp logo.svg
US Bancorp Center Minneapolis 1.jpg

U.S. Bancorp Center in Minneapolis, Minnesota; headquarters of U. S. Bancorp

Trade name

U.S. Bank
TypePublic

Traded as

NYSE: USB
S&P 100 Component
S&P 500 Component
ISINUS9029733048
IndustryBanking, Financial services
FoundedJuly 13, 1863; 158 years ago (1863-07-13)
HeadquartersU.S. Bancorp Center, Minneapolis, Minnesota, U.S.

Number of locations

3,067 branches and 4,771 automated teller machines

Key people

Andrew Cecere
(Chairman, President and CEO)
ProductsConsumer Banking, Corporate Banking, Insurance, Investment banking, Mortgage loans, Private banking, Private equity, Wealth management, Credit cards, Financial Analysis

Net income

Decrease $6.914 billion (2019)
Total assetsIncrease $558.886 billion (2021)[1]
Total equityIncrease $52.483 billion (2019)

Number of employees

69,651 (2019)
Subsidiaries
Capital ratio10.8% Tier 1 (2017)
RatingLong Term Senior Debt
Moody's: A1 (10/2016)
S&P: A+ (10/2016)
Fitch: AA (10/2016)
DBRS: AA (10/2016)
Websitewww.usbank.comEdit this at Wikidata
Footnotes / references
[2][3]

U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.[4] It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States.[5] The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States.[2] It is ranked 117th on the Fortune 500,[6] and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.[7]

U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia.[8]

History[edit]

Downtown Minneapolis; U.S. Bancorp Center is the second unobstructed tower from the left.

The U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891.[9] In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. National Bank name.[9] It changed its name to the United States National Bank of Oregon in 1964.[9]

The central part of the franchise dates from 1864, with the formation of First National Bank of Minneapolis.[9] In 1929, that bank merged with First National Bank of St. Paul (also formed in 1864) and several smaller Upper Midwest banks to form the First Bank Stock Corporation, which changed its name to First Bank System in 1968.[9]

In the eastern part of the franchise, Farmers and Millers Bank in Milwaukee opened its doors in 1853, growing into the First National Bank of Milwaukee and eventually becoming First Wisconsin and ultimately Firstar Corporation.[9] In Cincinnati, First National Bank of Cincinnati opened for business on July 13, 1863 under National Charter #24—the charter that U.S. Bancorp still operates under today, and one of the oldest active national bank charters in the nation. U.S. Bancorp claims 1863 as its founding date.[9] Despite having started up in the midst of the Civil War, First National Bank of Cincinnati went on to survive many decades to grow into Star Bank.[9]

U.S. Bancorp of Oregon era[edit]

In January 1969, the U.S. National Bank of Oregon reorganized as a holding company, U. S. Bancorp,[10] after receiving authorization from its bank directors on September 9, 1968[11] and subsequently receiving legal approval to proceed from the Comptroller of the Currency on November 28, 1968.[12] LeRoy B. Staver, president, and chief executive officer of the bank, was quickly appointed chairman and chief executive officer for the new holding company while Robert B. Wilson was appointed president of the holding company and also executive vice president for the bank.[13] Wilson later resigned as president in December 1972[14] and his position was filled eight months later by John A. Elorriaga.[15]

After a long period of service, Staver finally retired in October 1974 and was succeeded by John Elorriaga who was promoted to chairman and chief executive officer while Carl W. Mays Jr was named president in Elorriaga's place.[16]

A major change in the organization of leadership in the U.S. Bancorp of Oregon occurred in August 1983. Although Elorriaga remained as chairman and chief executive officer for the firm, Mays was appointed to the new position of executive assistant to the chairman while Edmund P. Jensen was appointed president as a replacement to Mays, and Roger L. Breezley was appointed to the new post of chief operating officer.[17]

In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Forest Grove, Oregon-based Valley National Corporation (not to be confused with the Phoenix, Arizona, company of the same name) with its five-branch Valley National Bank of Forest Grove subsidiary for $13.7 million in stock.[18]

U.S. Bancorp of Oregon made its first acquisition outside the state of Oregon by announcing in December 1986 the pending acquisition of the Spokane, Washington-based Old National Bancorp with its Old National Bank of Washington and First National Bank of Spokane subsidiaries for $174 million.[19][20] The acquisition was completed in July 1987 on the first day that the state of Washington had allowed bank acquisitions by out-of-state companies.[21]

In December 1986, U.S. Bancorp of Oregon announced the pending acquisition of the Camas, Washington-based Heritage Bank for $2.8 million.[22][23]

In May 1987, U.S. Bancorp of Oregon announced the pending acquisition of the Seattle, Washington-based Peoples Bancorp with its Peoples National Bank subsidiary for $275 million in stock.[24][25] The acquisition was completed in December 1987.[26] After the acquisition, Peoples and Old National were combined to form U.S. Bank of Washington.

John Elorriaga retired as chairman of the board and chief executive officer in November 1987 and was replaced by Roger L. Breezley while Jensen continued as president.[27][28]

In December 1987, U.S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Mt Baker Bank for $25 million.[29]

U.S. Bancorp of Oregon entered the state of California by announcing in April 1988 the pending acquisition of the Eureka, California-based Bank of Loleta with seven branch offices in Humboldt and Del Norte counties for $15.3 million in cash.[30] The acquisition was completed in December 1988 and was renamed U.S. Bank of California.[31]

In April 1988, U.S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Northwestern Commercial Bank for $15.5 million.[32] The acquisition was completed in November 1988.[33]

In July 1988, U.S. Bancorp of Oregon announced the pending acquisition of the Auburn, Washington-based Western Independent Bancshares with its Auburn Valley Bank subsidiary for $4.25 million in cash.[34]

In October 1989, U.S. Bancorp of Oregon announced the pending acquisition of the Sacramento, California-based Mother Lode Savings Bank with three branch offices for $5.3 million.[35] The acquisition was completed in August 1990.[36] This acquisition was one of the first of a thrift by a commercial bank in the nation since legislation permitting such takeovers went into effect.

During the late 1980s, U.S. Bancorp of Oregon made several attempts to enter the state of Idaho by the acquisition of an existing Idaho-based bank, the only method then allowed under Idaho law, but failed when the price got too high.[37] In March 1990, U.S. Bancorp of Oregon announced that they would establish a bank through a loophole in Federal banking law that allows the Office of the Comptroller of the Currency to allow the relocation of bank headquarters within 30 miles of their present location without regards to state boundaries and state regulations.[38] So U.S. Bancorp of Oregon announced that they plan to transfer the existing branches of the First National Bank of Spokane to the U.S. Bancorp of Washington and then ask permission from the Office of the Comptroller of the Currency to move the headquarters of First National from Spokane, Washington, to Coeur d'Alene, Idaho. After receiving Federal approval, First National was finally moved in February 1992 and renamed U.S. Bank of Idaho.[39]

In July 1990, U.S. Bancorp of Oregon announced the pending acquisition of the Auburn, California-based HeartFed Financial Corporation with its Heart Federal Savings and Loan subsidiary for $107.8 million in stock.[40] At the time of the announcement, Heart Federal Savings had 29 branch offices in northern California. The acquisition was completed in March 1991 for $118 million.[41]

In November 1991, Edmund P. Jensen was given the post of chief operating officer in addition to his duties as president, making him a possible successor to Breezley.[42]

In February 1992, U.S. Bancorp of Oregon announced the pending acquisition of the 20 branch offices in Northern California and 29 branch offices in Nevada for $70 million that were being divested by Bankamerica Corporation as a result of Bank of America's impending acquisition of Security Pacific Corporation.[43][44][45] This acquisition gave U.S. Bancorp of Oregon its first presence in the state of Nevada.

Another major change in the organization of leadership in the U.S. Bancorp of Oregon occurred in January 1993. While retaining his position as chief operating officer, Edmund P. Jensen was appointed vice-chairman while giving his position of president to Kevin R. Kelly. At the same time, Gerry B. Cameron was appointed vice-chairman.[46] Ten months later, Jensen resigned to become president of Visa Inc.[47] In January 1994, Gerry Cameron was first appointed chief operating officer as a replacement to Jensen[48] and later appointed chief executive officer just three weeks later.[49] Kelly submitted his resignation as president in March 1994[50] and Breezley finally gave up the chairmanship to Cameron in April 1994.[51][52]

In May 1995, U.S. Bancorp of Oregon announced the pending acquisition of the Boise, Idaho-based West One Bancorp for $1.8 billion.[53][54] At the time of the announcement, West One had branch offices in Idaho, Oregon, Washington, and Utah while U.S. Bancorp of Oregon had branch offices in Oregon, Washington, California, Idaho, and Nevada. The acquisition was completed in December 1995 and gave U.S. Bancorp of Oregon its first entry into the state of Utah.[55] As part of the acquisition deal, West One's chairman and chief executive Daniel R. Nelson would become the chief operating officer and president of U.S. Bancorp and he would later be Cameron's successor as chairman and CEO upon Cameron's planned retirement in three years. Since both U.S. Bancorp and West One had overlapping territories in Oregon and Washington, the U.S. Justice Department would only allow the acquisition to proceed if U.S. Bancorp would sell off 27 branch offices in Washington and Oregon.[56] As a result of the regulatory ruling, U.S. Bancorp sold 25 branch offices in Oregon, four in central Washington and one in Idaho to First Hawaiian Bank for $38 million in cash.[57][58]

In February 1996, U.S. Bancorp of Oregon announced the pending acquisition of the San Ramon, California-based California Bancshares for $309 million in stock.[59] California Bancshares had a total of 38 branches in the East San Francisco Bay Area in nine separate banks that included Alameda First National, Community First National, Modesto Banking Co., Commercial Bank of Fremont, Lamorinda National Bank, Bank of San Ramon Valley, Westside Bank, Concord Commercial Bank and Bank of Milipitas. The acquisition was completed in June 1996.[60]

In September 1996, U.S. Bancorp of Oregon announced the pending acquisition of the St. George, Utah-based Sun Capital Bancorp with its three-branch office Sun Capital Bank subsidiary for $15.5 million.[61] The acquisition was completed in January 1997.[62]

In December 1996, Daniel R. Nelson, president and chief operating officer of U.S. Bancorp of Oregon, unexpectedly announced his early retirement effective on New Year’s Day 1997. Nelson was originally in line to be Gerry B. Cameron's successor as chairman and chief executive upon the Cameron's planned retirement on New Year's Day 1999.[63]

In December 1996, U.S. Bancorp of Oregon announced the pending acquisition of the Sacramento, California-based Business & Professional Bank for $35 million in cash.[64] The acquisition was completed in May 1997.[65]

First Bank System era[edit]

First Bank System used this logo from 1979. It incorporates the silhouette of the number one.

In March 1997, the Minneapolis, Minnesota-based First Bank System announced the pending acquisition of U.S. Bancorp of Oregon for $9 billion in stock.[66][67][68] At the time of the announcement, U.S. Bancorp of Oregon had banking offices in Oregon, Washington, California, Idaho and Utah while First Bank System had banking offices in Minnesota, Colorado, Nebraska, North Dakota, South Dakota, Montana, Iowa, Illinois, Wisconsin, Kansas, and Wyoming. Under the terms of the acquisition, First Bank System was the nominal survivor, and the newly merged company was headquartered in Minneapolis. However, it took the more recognizable U. S. Bancorp name. John F. Grundhofer, chairman and chief executive of First Bank, was appointed president and chief executive of the new company while Gerry B. Cameron, chairman, and chief executive of U.S. Bancorp of Oregon, was appointed chairman of the new company, which he held until his retirement in 1998. The acquisition was completed in August 1997.[69] Approximately 4000 jobs were eliminated, mostly in Portland.[70]

Brief history of First Bank prior to acquisition[edit]

Main article: First Bank System

First Bank System can trace its roots to the formation of First National Bank of Minneapolis in 1864. In 1929, the First National Bank of Minneapolis joined with the First National Bank of St. Paul to form a joint holding company for both banks that was called the First Bank Stock Corporation, while keeping both subsidiary banks legally separate. The new holding company quickly grew by acquiring other banks in the four-state region before the Bank Holding Company Act of 1956 prohibited such actions. First Bank Stock Corporation was renamed First Bank System Inc. in 1968.[71]

U.S. Bancorp after takeover by First Bank System[edit]

In September 1997, the new U.S. Bancorp, formerly First Bank System, announced the pending acquisition of the St. Cloud, Minnesota-based Zappco, Inc. with its three banks and six banking locations for an undisclosed amount.[72] At the time of the announcement, U.S. Bancorp had more than 1,000 banking offices in the states of Minnesota, Oregon, Washington, Colorado, California, Idaho, Nebraska, North Dakota, Nevada, South Dakota, Montana, Iowa, Illinois, Utah, Wisconsin, Kansas, and Wyoming. The acquisition was completed in December 1997.[73]

In March 1998, U.S. Bancorp announced the pending acquisition of the Vancouver, Washington-based Northwest Bancshares with its 10-branch offices Northwest National Bank subsidiary for an undisclosed amount.[74][75] In October 1998, the U.S. Justice Department agreed to allow the acquisition to proceed on the condition that one of the Northwest National Bank branch offices was to be sold.[76] The acquisition was completed in December 1998 after U.S. Bancorp sold the request banking office to Centennial Bank of Eugene.[77]

At the end of 1998, Gerry Cameron retired as chairman and handed the position over to John Grundhofer who added the title of chairman to his other positions of president and chief executive officer.[78][79]

In February 1999, U.S. Bancorp announced the pending acquisition of the San Diego-based Bank of Commerce with its 10 branch offices for $314 million in stock.[80][81][82] The acquisition was finalized in July 1999.[83]

In May 1999, U.S. Bancorp announced the pending acquisition of the Newport Beach, California-based Western Bancorp with its Santa Monica Bank and Southern California Bank subsidiaries and a total of 31 branch offices for $904 million in stock.[84][85] At the time of the announcement, U.S. Bancorp had 98 branch offices within California. The acquisition was finalized in November 1999 for $1.04 billion in stock.[86][87]

In July 1999, Philip G. Heasley was appointed president and chief operating officer of U.S. Bancorp. John Grundhofer had handed over the position of president to Heasley while still retaining the titles of chairman and chief executive officer.[88][89] Heasley had assisted Grundhofer in turning the company around from near insolvency when the company was originally known as First Bank until it became a successful financial institution that became large enough to be absorb other banks, including U.S. Bancorp of Oregon in 1997. Heasley resigned the following year to join Bank One as the head of their First USA credit card unit[90] around the same time Firstar was about to takeover U.S. Bancorp.

In September 1999, U.S. Bancorp announced the pending acquisition of the San Diego-based Peninsula Bank with its 11 branch offices for $104 million in stock.[91][92][93][94] In early January 2000, a group of Peninsula Bank stockholders tried to stop the merger because the initial merger agreement was made prior to the huge 27% single-day drop in the value of U.S. Bancorp stock which effectively lowered the purchase price.[95] The acquisition was later completed in January 2000 at a 10% reduction of the original price negotiated.[96]

In June 2000, U.S. Bancorp announced the acquisition of the San Diego-based Scripps Financial Corporation with its nine-branch office Scripps Bank subsidiary for $155 million in stock.[97] The acquisition was completed in October 2000.[98]

Firstar era[edit]

In October 2000, Firstar Corporation of Milwaukee, Wisconsin, announced the pending acquisition of U.S. Bancorp for $21 billion in stock.[99][100][101] The merger was completed on February 27, 2001. While Firstar was the nominal survivor, the merged company took the U.S. Bancorp name and moved to old U. S. Bancorp's headquarters in Minneapolis.[102] Under the merger agreement, Jerry Grundhofer, president and chief executive officer of Firstar, would continue in those positions in the combined company while his older brother, John Grundhofer, chairman, president and chief executive officer of U.S. Bancorp, would serve as chairman of the board in the combined company until his planned retirement on December 31, 2002.[101][103] The merged company retained some administrative functions in Milwaukee and Cincinnati.

To allow the merger to proceed, the U.S. Department of Justice required Firstar to sell 11 branch offices in the Minneapolis-area and 2 in Council Bluffs, Iowa.[104]Bremer Bank of Saint Paul, Minnesota, purchased the 11 Minneapolis-area Firstar offices[105][106] while Liberty Bank of West Des Moines, Iowa, purchased the 2 Council Bluffs offices.[107][108]

Brief history of Firstar prior to acquisition[edit]

Main article: Firstar Corporation

Firstar Corporation traced its roots to the founding of the Farmer's and Millers Bank in Milwaukee in 1853, which by 1919 evolved into First Wisconsin National Bank. However, the Firstar that took over U.S. Bancorp in 2001 was actually the same company and leadership that acquired Firstar 27 months earlier in 1998, namely Star Banc Corporation. That bank, in turn, traced its roots to the founding of First National Bank of Cincinnati in 1863. Jerry Grundhofer and his team from Star Banc were instrumental in both acquisitions.

Present-day U.S. Bancorp retains Star Banc's pre-1998 stock price history. As mentioned above, it claims 1863 as its founding date, and operates under the charter originally granted to First National Bank of Cincinnati. Additionally, all SEC filings before 1998 are under Star Banc, and all filings from 1998 to 2000 are under Firstar.

U.S. Bancorp after takeover by Firstar[edit]

In April 2001, the new U.S. Bancorp announced the pending acquisition of all 20 branch offices in California of the Encino-based Pacific Century Bank from its Honolulu-based parent Pacific Century Financial Corporation.[109][110] The acquisition was completed in September 2001.[111][112]

In July 2002, U.S. Bancorp announced the pending acquisition of all 57 retail banking branches of the San Mateo, California-based Bay View Bank from its Bay View Capital Corporation parent for $429 million.[113][114] The acquisition was completed in November 2002.[115]

On New Years Day 2003, John Grundhofer retired as chairman of U.S. Bancorp and handed the position to his younger brother Jerry Grundhofer, who added the title of chairman to his other positions of president and chief executive officer in the corporation.[116]

In May 2004, U.S. Bancorp announced that it was acquiring the $34 billion corporate trust bond administration business from National City Corporation.[117][118][119]

In October 2004, Richard K. Davis was appointed chief operating officer and president of U.S. Bancorp. Jerry Grundhofer had handed over the position of president to Davis while still retaining the titles of chairman and chief executive officer.[120] Davis had been a protege of Grundhofer since their days together at Star Banc Corporation and had assisted in the takeover of Firstar by Star Banc in 1998[121] and the later acquisition of U.S. Bancorp by Firstar in 2001.

U.S. Bancorp acquired Genpass along with its MoneyPass ATM network subsidiary for an undisclosed amount in May 2005.[122]

In November 2005, U.S. Bancorp announced that it was acquiring the $410 billion corporate trust and institutional custody businesses of Wachovia Corporation for $720 million in cash.[123]

In July 2006, U.S. Bancorp announced that it was acquiring the $123 billion municipal and corporate bond trustee business from SunTrust.[124]

In June 2006, U.S. Bancorp announced the pending acquisition of the Avon, Colorado-based Vail Banks Inc. with its WestStar Bank subsidiary and 23 locations for $98.6 million in cash.[125] The acquisition was completed in September 2006.[126]

In November 2006, U.S. Bancorp announced that it was acquiring the $30 billion municipal bond trustee business from LaSalle Bank.[127][128]

In November 2006, U.S. Bancorp announced the pending acquisition of the Great Falls, Montana-based United Financial Corporation with its Heritage Bank subsidiary for $71 million in stock.[129] The acquisition was completed in February 2007 and nearly double the branch presence of U.S. Bank in Montana.[130]

In December 2006, Jerry Grundhofer handed over the position of chief executive officer to president Richard Davis while Grundhofer remained chairman until his retirement the following year in December 2007.[131][132][133] After Grundhofer retirement in December 2007, Davis added the position of chairman to his other titles of president and chief executive officer.[134]

In March 2008, the U.S. Bancorp announced the pending acquisition of the seven-office Los Angeles-based Mellon 1st Business Bank from the Bank of New York Mellon for an undisclosed amount in cash.[135] The acquisition was completed in June 2008.[136]

On November 14, 2008, the U.S. Treasury invested $6,599,000,000 in preferred stock and warrants in the company via the Emergency Economic Stabilization Act of 2008.[137] Weeks earlier, U.S. Bancorp has entered into acquisition talks with National City Corp. and had made an offer to buy National City until PNC Financial Services used its portion of TARP funds to outbid U.S. Bancorp and acquire National City instead.[138] Had National City accepted U.S. Bancorp's offer, U.S. Bancorp would have expanded into Florida, Michigan and Pennsylvania (three states that as of 2021 still don't have a retail presence from U.S. Bancorp), but major divestments would've been made in Midwestern states, especially Ohio.

On November 21, 2008, the company acquired the failed Downey Savings & Loan Association and also the failed Pomona First Federal Bancorp in a transaction facilitated by the Federal Deposit Insurance Corporation for an undisclosed amount.[139] Downey Savings had 170 branch offices in California and five branch offices in Arizona while PFF Bank had 38 branch offices in Southern California.

In April 2009, U.S. Bancorp acquired the assets and deposits of the failed Ketchum, Idaho-based First Bank of Idaho in a transaction facilitated by the FDIC.[140][141] First Bank of Idaho had seven offices in Idaho and Wyoming, some of which operated under the name First Bank of the Tetons.

On June 17, 2009, the company redeemed the $6.6 billion of preferred stock and on July 15, 2009, it completed the purchase of a warrant held by the U.S. Treasury Department. This effectively concluded U.S. Bancorp’s participation in the Capital Purchase Program. It was the first bank to repay the Troubled Asset Relief Program (TARP) funds.[142]

On October 5, 2009, the company announced its acquisition of the $8 billion mutual fund administration and accounting servicing division of Fiduciary Management, Inc. for an undisclosed amount.[143][144]

On October 7, 2009, the company agreed to buy the bond trustee business of First Citizens Bank, a subsidiary of First Citizens BancShares Inc. for an undisclosed amount.[145][146]

On October 20, 2009, the company completed a transaction to purchase the failed FBOP Corporation's nine subsidiary banks from the FDIC for an undisclosed amount. The banks included BankUSA, National Association with 2 offices in Arizona, Cal National Bank with 68 offices in California, Citizens National Bank with 1 office in Texas, Community Bank of Lemont with 1 office in Illinois, Madisonville State Bank with 1 office in Texas, North Houston Bank with 1 office in Texas, Pacific National Bank with 17 offices in California, Park National Bank with 31 offices in Illinois, and San Diego National Bank with 28 offices in California.[147]

Since the company did not have a previous presence in Texas nor want one in the near future, the company subsequently sold the three banks in Texas in 2010 to Houston-based Prosperity Bancshares for an undisclosed amount.[148] Each of the banks had one office each.[147]

In October 2009, BB&T Corporation (now Truist Financial) announced the pending sale of its Nevada banking operations to U.S. Bancorp for an undisclosed amount. BB&T had just acquired the 21 offices in Nevada through a transaction facilitated by the FDIC for disposal of the assets and deposits of the failed Alabama-based Colonial BancGroup but BB&T had no desire to expand west of Texas while it wanted to keep the other Colonial former locations in the Southeastern United States.[149] The acquisition was completed in January 2010.[150]

In July 2010, U.S. Bancorp sold its FAF Advisors subsidiary to Nuveen Investments for $80 million and a 9.5% stake in Nuveen.[151][152]

In 2010, Huntington Bancshares announced it would take over the leases of bank branches inside Giant Eagle locations in Ohio, largely replacing U.S. Bancorp but also replacing branches from FirstMerit Corporation (which itself would be acquired by Huntington in 2016) and Citizens Financial Group; the deal didn't affect Citizens branches inside Giant Eagle locations in Pennsylvania.[153][154] The deal mostly didn't affect U.S. Bancorp, but it did lead to the withdrawal from the Youngstown, Ohio market since U.S. Bancorp's only branches in the area were inside Giant Eagle locations; the branches had been a holdover from the Firstar days. By 2020, U.S. Bancorp had organically become Ohio's largest bank by deposits despite not having a presence in the Youngstown and Toledo markets and ahead of major banks based in Ohio (Huntington, Fifth Third Bank & KeyBank), PNC Bank, and Chase Bank.[155]

In January 2011, U.S. Bancorp acquired the assets and deposits of the failed First Community Bank of New Mexico in a transaction facilitated by the FDIC for an asset discount of approximately $380 million.[156] The acquisition had included 35 offices in New Mexico and 3 offices in Arizona.

In January 2012, the company acquired the assets and deposits of the failed Knoxville, Tennessee-based BankEast in a transaction facilitated by the FDIC for an asset discount of approximately $67.5 million.[157] The acquisition had included 10 offices in the Knoxville area.

In March 2013, U.S. Bancorp announced that it was acquiring the $57 billion municipal bond trustee business from Deutsche Bank.[158]

In January 2014, U.S. Bancorp announced the pending acquisition of 94 branch offices of the Charter One Bank in Chicago from the RBS Citizens Financial Group for $315 million,[159] doubling its market share in Chicago.[160] 13 Charter One branches were closed due to their close proximity to existing U.S. Bank offices.[161] The acquisition was completed in June 2014.[160]

In January 2015, chief financial officer Andrew Cecere was promoted to chief operating officer.[162] A year later, Cecere was given the additional position of president.[163]

In January 2017, U.S. Bancorp announced that chairman and CEO Richard Davis was going to hand over his CEO position to president and COO Andrew Cecere in April 2017 while still remaining chairman of the corporation.[164] Davis officially retired from the company in April 2018 and handed over the chairmanship position to Cecere.[165]

In February 2018, the bank was charged by the Department of Justice with failing to implement measures preventing illegal activities, including one case of abetting them.[166] To defer prosecution, U.S. Bancorp agreed to pay $613 million in fines and agreed to implement measures to show the authorities that it had improved the monitoring of its customer transactions.[166] $505 million was distributed in September 2018 to customers of an illegal payday loan business whose suspicious activities US Bancorp had failed to report.[167]

In September 2018, Fiserv announced that it would acquire MoneyPass from US Bancorp for $690 million.[168] The deal was finalized in March 2019.[169] The sale did not include Elan's credit card issuing division, which issued among some of the most prominent cards including Fidelity, BMW and Mercedes Benz.[170] In December 2019, the bank dismissed Emily James, a Portland, Ore., call-center employee, and her supervisor, after James personally gave $20 of her own money to a customer in need, Marc Eugenio. On Christmas Eve, Eugenio ran out of gasoline and cash, and he was stranded at a gas station when his U.S. Bank debit card was rejected because funds he had deposited two days earlier had not yet been released into his account as he had been promised. After an unsuccessful attempt to release the funds, James met Eugenio at the gas station during her break and offered him $20 from her own pocket as a Christmas Eve act of kindness. She was fired from her job, despite U.S. Bankcorp's policy that "Our employees are empowered to do the right thing."[171][neutrality is disputed] After Nicolas Kristof published a critique of the firing in The New York Times the bank agreed to rehire the employees.[172]

On September 21, 2021, U.S. Bancorp agreed to purchase MUFG Union Bank's consumer business for $8 billon. It is the bank's biggest deal since 2001 when it merged with Milwaukee-based Firstar Corp. for $21 billion. The deal with MUFG Union Bank will add $58 billion in loans to U.S. Bancorp's current base of $294 billion. The merger will also give U.S. Bancorp a large presence on the U.S. West Coast, especially California.[173] The combined bank will have $723 billion in assets.[174]

Notable corporate buildings[edit]

  • U.S. Bank Center in Phoenix, Arizona
  • U.S. Bank Tower in Sacramento, California
  • One California in San Francisco, California, sports the U.S. Bank logo and houses bank offices
  • U.S. Bank Tower in Los Angeles, California, the third tallest building west of the Mississippi River
  • U.S. Bank Tower in Denver, Colorado
  • U.S. Bank Plaza in Boise, Idaho
  • U.S. Bank Building in Chicago, Illinois
  • U.S. Bank Building in Davenport, Iowa
  • U.S. Bank Building in Duluth, Minnesota
  • U.S. Bancorp Center in Minneapolis, Minnesota
  • U.S. Bank Plaza in Minneapolis, Minnesota
  • U.S. Bank Center in St. Paul, Minnesota
  • One U.S. Bank Plaza in St. Louis, Missouri
  • U.S. Bank Building in Billings, Montana
  • U.S. Bank Tower in Lincoln, Nebraska
  • U.S. Bank Center in Las Vegas, Nevada
  • U.S. Bank Tower in Cincinnati, Ohio
  • U.S. Bank Centre in Cleveland, Ohio
  • U.S. Bancorp Tower in Portland, Oregon
  • U.S. Bank Building in Sioux Falls, South Dakota
  • U.S. Bank Centre in Seattle, Washington
  • U.S. Bank Building in Spokane, Washington
  • U.S. Bank Building in La Crosse, Wisconsin
  • U.S. Bank Center in Milwaukee, Wisconsin
  • U.S. Bank Plaza in Madison, Wisconsin
  • U.S. Bank Building in Sheboygan, Wisconsin

Naming rights and sponsorships[edit]

U.S. Bank owns corporate naming rights to the following:

U.S. Bank is a sponsor of:

See also[edit]

References[edit]

  1. ^"Holding Companies with Assets Greater Than $10 Billion". Federal Financial Institutions Examination Council. December 31, 2020.
  2. ^ ab"U.S. Bancorp 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  3. ^"U.S. Bancorp 2019 Form 10-K Annual Report: Management's Discussion and Analysis". U.S. Securities and Exchange Commission.
  4. ^"EDGAR Search Results". www.sec.gov. Retrieved November 8, 2018.
  5. ^"Biggest US Banks by Asset Size (2021)". MX Technologies. April 20, 2021. Retrieved September 21, 2021.
  6. ^"U.S. Bancorp". Fortune.
  7. ^Elan Credit Card Issuance. Elan Financial Services – via Vimeo.
  8. ^"Wells Fargo: Guided By History". Wells Fargo.
  9. ^ abcdefgh"US Bank | Annual Report 2012 | 150th Anniversary". media.corporate-ir.net.
  10. ^"U.S. Bancorporation Unit". The Wall Street Journal. January 6, 1969. p. 6. ProQuest 133444076.
  11. ^"U.S. National, Oregon, Board Votes Reorganization Plan". The Wall Street Journal. September 9, 1968. p. 13. ProQuest 133266993. Archived from the original on September 13, 2017. Retrieved July 7, 2017.
  12. ^"Two Major Banks Get Permission to Organize One-Unit Holding Firms: Currency Comptroller Approves Three Other Such Proposals, Putting Week's Total at Seven". The Wall Street Journal. November 29, 1968. p. 6. ProQuest 133266985. Archived from the original on August 19, 2017. Retrieved July 7, 2017.
  13. ^"Robert B. Wilson Is Named President of U.S. Bancorp". The Wall Street Journal. February 25, 1969. p. 16. ProQuest 133427185.
  14. ^"Dividend News: U.S. Bancorp Increases Payout, Proposes Split; Wilson Quits Presidency". The Wall Street Journal. December 26, 1972. p. 13. ProQuest 133753497.
  15. ^"U.S. Bancorp Appoints John Elorriaga President". The Wall Street Journal. August 28, 1973. p. 20. ProQuest 133793903.
  16. ^"At the Top: U.S. Bancorp elected a new president and a new chairman". Los Angeles Times. October 29, 1974. p. d9. ProQuest 157559436. Archived from the original on February 1, 2018. Retrieved July 7, 2017.
  17. ^"U.S. Bancorp". The Wall Street Journal. August 30, 1983. p. 34. ProQuest 134786963.
  18. ^"U.S. Bancorp Plans to Buy Valley National for Stock". The Wall Street Journal (Eastern ed.). December 8, 1986. p. 1. ProQuest 397966831.
  19. ^Gapa, Les (December 18, 1986). "A Big Oregon Bank Will Buy Old National". Seattle Post-Intelligencer. p. B10.
  20. ^Buck, Richard (December 18, 1986). "Merger to Make U.S. Bancorp. Biggest Bank". Seattle Times. p. F1.
  21. ^Buck, Richard (June 30, 1987). "State Banks Ready to Open Door to Interstate Banking". Seattle Times. p. C1.
  22. ^"Briefly". Los Angeles Times (Home ed.). December 25, 1986. p. 11. ProQuest 292473590.
  23. ^"U.S. Bancorp Plans to Buy Camas Bank". Seattle Post-Intelligencer. December 25, 1986. p. B7.
  24. ^"U.S. Bancorp To Buy Peoples". The New York Times. May 20, 1987.
  25. ^Heberlein, Greg (May 19, 1987). "U.S. Bankcorp. Agrees to Merge With Peoples". Seattle Times. p. E1.
  26. ^Erickson, Jim (January 1, 1988). "A Bad Year for Nostalgia – Interstate Banking Law Had Its Effect". Seattle Post-Intelligencer. p. B12.
  27. ^"U.S. Bancorp's Breezley Is Named Chairman, Chief". The Wall Street Journal (Eastern ed.). October 27, 1987. p. 1. ProQuest 398140601.
  28. ^"People on The Move". Seattle Post-Intelligencer. November 2, 1987. p. B6.
  29. ^"U.S. Bancorp Plans To Buy Mt Baker Bank". The Wall Street Journal (Eastern ed.). December 17, 1987. p. 1. ProQuest 398076904.
  30. ^Sorensen, Donald J. (April 9, 1988). "U.S. Bancorp to Expand to California". The Oregonian. p. E01.
  31. ^Roberts, Bruce & Ruble, Mary B. (June 12, 1989). "Bank of Loleta Becomes U.S. Bank of California" (Press release). U.S. Bancorp. p. 1. ProQuest 447099550 – via Business Wire.
  32. ^"U.S. Bancorp Sets Purchase". The Wall Street Journal (Eastern ed.). April 28, 1988. p. 1. ProQuest 398081906.
  33. ^Ruble, Mary; Bowler, Don & Van Duine, Teri (November 17, 1988). "U.S. Bancorp Acquires Northwestern Commercial Bank". Business Wire (Press release). p. 1. ProQuest 444885120.
  34. ^"U.S. Bancorp – Western Independent Bancshares Is Purchased". Seattle Post-Intelligencer. July 23, 1988. p. B3.
  35. ^Sorensen, Donald J. (October 19, 1989). "U.S. Bancorp Buys Women-Founded Sacramento Bank". The Oregonian. p. E17.
  36. ^MacKenzie, Bill (August 26, 1990). "U.S. Bank Acquires Mother Lode Savings". The Oregonian. p. B06.
  37. ^Howe, Kenneth (July 29, 1991). "U.S. Bancorp on Northern California Buying Spree". San Francisco Chronicle. p. B1.
  38. ^Reed, Molly (March 13, 1990). "First National Bank in Spokane to Transfer Branches to U.S. Bank" (Press release). U.S. Bancorp. p. 1. ProQuest 447084700 – via Business Wire.
  39. ^Ruble, Mary & Schmitt, Gary (February 19, 1992). "U.S. Bank Gains Approval to Serve Idaho Customers" (Press release). U.S. Bancorp. p. 1. ProQuest 444959000 – via Business Wire.
  40. ^Rooks, Judy (July 18, 1990). "U.S. Bancorp Buys California Savings And Loan". The Oregonian. p. D01.
  41. ^"U.S. Bancorp pays $118 million for California thrift". United Press International. March 28, 1991.
  42. ^"U.S. Bancorp". The Wall Street Journal (Eastern ed.). November 5, 1991. p. B8. ProQuest 398230814.
  43. ^"Banking & Finance". Los Angeles Times. February 27, 1992.
  44. ^Hicks, Larry (February 27, 1992). "BofA, Security Pacific Branches Sold – U.S. Bancorp Deal Boosts Market Share In Sacramento, Northern California". Sacramento Bee. p. D1.
  45. ^"U.S. Bancorp to Acquire Divested Bank Of America, Security Pacific Branches In Northern California, Nevada" (Press release). US Bancorp. February 27, 1992 – via PR Newswire.
  46. ^"U.S. Bancorp". The Wall Street Journal (Eastern ed.). January 14, 1993. p. B8. ProQuest 398445241.
  47. ^Hansell, Saul (October 27, 1993). "Visa International Is Set To Replace Top Officer". The New York Times.
  48. ^"Gerry B. Cameron Named Chief Operating Officer Of U.S. Bancorp" (Press release). U.S. Bancorp. January 6, 1994 – via The Free Library.
  49. ^Francis, Mike & Hamburg, Ken (January 27, 1994). "U.S. Bancorp Board Puts Cameron In Charge". The Oregonian. p. C01.
  50. ^Francis, Mike (March 19, 1994). "Kelly Steps Down at U.S. Bancorp". The Oregonian. p. E01.
  51. ^"Chairman Of U.S. Bancorp Steps Down". The New York Times. April 20, 1994.
  52. ^"U.S. Bancorp Chairman Roger Breezley Resigns". Seattle Times. April 20, 1994.
  53. ^Torbenson, Eric (May 9, 1995). "Idaho Loses Last Major State Bank Boise's West One Agrees To U.S. Bancorp Merger". The Spokesman-Review. Spokane.
  54. ^Manning, Jeff (May 9, 1995). "Banking on Bigness: U.S. Buying West One". The Oregonian. p. A01.
  55. ^"U.S. Bancorp Completes Purchase Of West One". The New York Times. Bloomberg L.P. December 28, 1995.
  56. ^"Justice Allows U.S. Bank Deal". The Spokesman-Review. December 12, 1995.
  57. ^"First Hawaiian To Buy U.S. Bank Branches". Seattle Times. December 5, 1995.
  58. ^"Hawaii Bank Buys U.S. Bank Branches". The Spokesman-Review. December 5, 1995.
  59. ^"U.S. Bancorp to Buy California Bancshares: Mergers: Drop in Oregon bank's share price reflects concern that $309-million price tag is too high". Los Angeles Times. February 13, 1996.
  60. ^"U.S. Bancorp completes California deal". United Press International. June 6, 1996.
  61. ^"U.S. Bancorp to Acquire Sun Capital". Deseret News. September 26, 1996.
  62. ^"Meanwhile in Utah ...". Salt Lake Tribune. January 4, 1997. p. E10.
  63. ^Bartel, Frank (December 25, 1996). "Ex-Spokane Banker Passes Up Chance To Lead Regional Financial Giant". The Spokesman-Review.
  64. ^Ota, Alan K. (December 28, 1996). "U.S. Bancorp Buys California Bank". The Oregonian. p. B12.
  65. ^"U.S. Bancorp Completes Acquisition of Business & Professional Bank" (Press release). U.S. Bancorp. May 1, 1997. Archived from the original on August 15, 2017. Retrieved May 26, 2017 – via PR Newswire.
  66. ^Hansell, Saul (March 21, 1997). "First Bank System to Buy U.S. Bancorp of Oregon". The New York Times.
  67. ^"First Bank System to buy U.S. Bancorp: Minneapolis-based...". Chicago Tribune. March 20, 1997.
  68. ^"First Bank Strikes Deal To Acquire U.S. Bancorp $9 Billion Deal Will Create 14th-Largest Bank In America". The Spokesman-Review. March 21, 1997.
  69. ^DePass, Dee (August 2, 1997). "It's a done deal: First Bank System acquires U.S. Bancorp – and its name – Analysts are waiting to see whether new combined company will make planned $340 million in expense cuts by next year". Minneapolis Star-Tribune. p. 02D.
Источник: https://en.wikipedia.org/wiki/U.S._Bancorp

Hours & Admission

Advance ticket purchase is required to help ensure the safety of museum staff and visitors.

HOURS: TUE, WED, SAT, SUN 10am - 5pm, THU & FRI 12 - 7pm.

The museum is closed on June 19th, July 4th, Thanksgiving Day, Christmas Eve, Christmas Day, New Year's Eve, and New Year's Day.

Admission is free on Chase Free Sunday (10 am–5 pm) and Free After Five Presented by Chase on Thursdays and Fridays (5–7 pm).

Regular Admission Ticket

Chase Free Sunday Ticket

Free After Five Ticket

Masks required

Museum admission is not refundable. If you are no longer able to make the day you reserved, contact Visitor Services at museum@risd.edu to change the date of your ticket.

Museum Admission

MembersFree
Adults$17
Senior citizens (62+)$12
Youth (18 & under)Free
College students$8 with valid college ID
Staff, faculty, & students of RISD or member institutionsFree with valid college ID

Discounted admission

We are proud to offer admission discounts for select patrons. Tickets must be obtained at the Visitor Services desks upon arrival. Please be prepared to show the appropriate ID. If you have questions or require assistance, call Visitor Services @ 401-709-8402. 

  • Active-duty U.S. military personnel and their families year-round
  • Admission for up to four people for Electronic Benefits Transfer (EBT) cardholders with ID, as part of the Museums for All program.
  • AMRN and NARM membership benefits from partner institutions in our reciprocal networks
  • Jury duty
  • Bank of America cardholders (Museums on Us weekends only)
  • Chase Bank cardholders (Sundays only)
  • AAA members

Getting Here

By Bike

Bike racks are available at 224 Benefit Street

By Bus

The Museum is easily accessible by state- and city-wide bus services and is located .2 miles from the Kennedy Plaza bus station. Bus information can be accessed here.

Visiting school or charter buses can drop passengers off at 20 North Main Street.
Short term bus parking is available at Roger Williams National Memorial Park at 282 North Main Street.

By Car

Discounted parking is available to Museum visitors at all Metropark locations. The closest lot is Metropark Location P5: South Main St Lot at 131 Canal St. Parking is also available at metered spots on adjacent streets. Visitors may park for free at RISD faculty/staff lots on weekends.

Источник: https://risdmuseum.org/hours-admission

Are Banks Open on New Year's Day 2020? Bank of America, Chase and Wells Fargo Holiday Hours

New Year's Day is a federal holiday and banks across the country, including the Federal Reserve, are closed on January 1.

This year New Year's Day falls on a Friday. The Federal Reserve advises: "For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday; however, the Board of Governors will be closed. For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday."

While bank offices are shut on January 1, customers can still access online banking services or ATM machines to make deposits and withdraw money.

Some banks may also be offering reduced services amid the ongoing COVID-19 pandemic. Contact your local bank for more information on any modified services and COVID-19 safety measures in place before visiting.

Several banks also offer ATM drive-thru services, which can be accessed whenever the bank is closed.

Most ATM machines are open late while some are open 24 hours. But the exact hours of operation for ATM machines may vary on New Year's Day, depending on the location. Contact your local bank before accessing an ATM machine to confirm opening hours.

Since banks are closed on January 1, customers should aim to complete their transactions before New Year's Day to avoid any banking issues. Most are open on December 31 but some may be on a reduced schedule.

Below are the banking hours at some major banks on New Year's Eve, according to GoBankingRates.com. Contact your nearest branch before visiting to confirm the exact hours as they may vary by location.

  • Bank of America: normal hours
  • Bank of the West: normal hours
  • BBVA: normal hours
  • BB&T: open 9 a.m. to 2 p.m. local time
  • BMO Harris Bank: open 8 a.m. to 5 p.m. local time
  • Capital One: normal hours
  • Chase: open 9 a.m. to 6 p.m. local time
  • Citizens Bank: open 8:30 a.m. to 5 p.m. local time
  • Fifth Third Bank: open 9 a.m. to 5 p.m. local time
  • Huntington: open 9 a.m. to 5 p.m. local time
  • KeyBank: open 9 a.m. to 1 p.m. local time
  • People's United Bank: open 9 a.m. to 4 p.m. local time
  • PNC Bank: most branches are open 11 a.m. to 2 p.m. local time
  • Regions: open 9 a.m. to 2 p.m. local time
  • Santander Bank: open 9 a.m. to 3 p.m. local time
  • SunTrust: normal hours
  • TD Bank: many branches open 8 a.m. to 6 p.m. local time
  • UBank: open 9 a.m. to 1 p.m. local time
  • Union Bank: many branches open 9 a.m. to 5 p.m. local time
  • U.S. Bank: open 9 a.m. to 3 p.m. local time
  • Wells Fargo: open 9 a.m. to 3 p.m. local time
Источник: https://www.newsweek.com/new-years-day-2020-which-banks-are-open-banking-hours-1558256

Notice: Undefined variable: z_bot in /sites/msofficesetup.us/hours/chase-bank-hours-of-operation-christmas-eve.php on line 136

Notice: Undefined variable: z_empty in /sites/msofficesetup.us/hours/chase-bank-hours-of-operation-christmas-eve.php on line 136

5 Replies to “Chase bank hours of operation christmas eve”

  1. I bought property in North Georgia and I see they will tax my pension and I worked here in Florida. So I'm rethinking about not moving there now

Leave a Reply

Your email address will not be published. Required fields are marked *