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Your deposits are safe with us. As an FDIC-insured bank, eligible U.S Bank consumer and business deposits are insured unconditionally by the United States government.
And to respond to a question we sometimes hear, U.S. Bank is not part of the U.S. government.
Chip Lupo, Credit Card Writer U.S. Bank is a subsidiary of U.S. Bancorp, a U.S.-based bank holding company headquartered in Minneapolis, Minnesota and founded in 1863. U.S. Bank has been a subsidiary of U.S. Bancorp since it was established as a separate division of the company in 1863.
ICBC is China's largest bank and is 70-percent owned by the government of China. ICBC's total assets are placed at an estimated $2.5 trillion. It is the first large Chinese state-owned lender to acquire control of a US bank.
As Vice Chair and Chief Financial Officer at US BANCORP, Terrance R. Dolan made $6,828,538 in total compensation. Of this total $750,000 was received as a salary, $1,840,500 was received as a bonus, $0 was received in stock options, $4,200,000 was awarded as stock and $38,038 came from other types of compensation.
Who owns Us Bancorp? Us Bancorp (NYSE: USB) is owned by 74.04% institutional shareholders, 19.86% Us Bancorp insiders, and 6.10% retail investors. Berkshire Hathaway Inc is the largest individual Us Bancorp shareholder, owning 300.56M shares representing 19.30% of the company.
As you can see in the following chart, the majority of U.S. Bancorp's 1.9 billion shares are held by institutional investors. Company insiders, including board members and corporate executives, own a further 0.11% of the outstanding common stock. And the public at large owns the remaining 28%.