18-209A 18-209A . . . Outside Director Stock Option Plan under which, in addition to initial grants at fair market value on date of grant, each outside director may elect to receive deferred compensation option in lieu of all or specified portion of any directors fees. Such deferred compensation options shall be for number of shares equal to dollar amount specified in optionee's deferral election divided by difference between (a) fair market value of a share and (b) greater of 40% of fair market value of a share as of grant date or $5.00; and exercise price shall be equal to greater of (x) 40% of fair market value of a share as of grant date or (y) $5.00
Colorado Nonemployee Director Stock Option Plan of U.S. Bancorp
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Average deposits at Minneapolis-based U.S. Bancorp, the country's largest regional bank by assets, slipped 2.6% from the first quarter to $497.3 billion, missing the $503.2 billion average of analysts' estimates in a Bloomberg survey.
Yes, U.S. Bancorp [NYSE: USB] is the publicly traded parent company of U.S. Bank. While we often use U.S. Bancorp in formal documents and corporate filings, U.S. Bank is what you'll see on branch doorways, app stores, national television commercials and much more.
Major lines of business provided by U.S. Bancorp through U.S. Bank and other subsidiaries include Consumer Banking; Payment Services; Private Client, Trust & Asset Management; and Wholesale Banking. U.S. Bank is home of the exclusive U.S. Bank Five Star Service Guarantee.
History. The U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891. In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. National Bank name. It changed its name to the United States National Bank of Oregon in 1964.
Union Bank is now U.S. Bank.
Top 10 Owners of US Bancorp StockholderStakeTotal value ($)BlackRock Fund Advisors4.87%2,470,306,245SSgA Funds Management, Inc.3.94%1,998,896,234Mitsubishi UFJ Asset Management C...2.98%1,508,177,794T. Rowe Price Associates, Inc. (I...2.72%1,377,170,6346 more rows
Andy Cecere is the chairman, president and chief executive officer of U.S. Bancorp, a well-respected financial services holding company with businesses across the United States, Canada and Europe.