U.S. Bancorp’s Leslie Godridge and Kathy Rogers Named among American Banker Magazine’s “Most Powerful Women in Banking” and “Top 25 Women to Watch”

U.S. Bancorp Also Earns Top Team Award

MINNEAPOLIS–(BUSINESS WIRE)–American Banker magazine has named U.S. Bancorp’s Leslie Godridge to its
“Most Powerful Women in Banking” and Kathy Rogers to its “Top 25 Women
to Watch.” Additionally, more than 80 U.S. Bancorp women were honored as
part of a Top Team Award, recognizing their strong leadership and
community contributions. Godridge, Rogers and other members of the U.S.
Bancorp team were honored at an awards dinner at the Waldorf Astoria
in New York City and featured in the magazine’s “Most Powerful Women in
Banking” issue in October 2015.

“Leslie and Kathy are very deserving of this recognition,” said Richard
Davis, chairman, president and chief executive officer of U.S. Bancorp.
“They are both outstanding leaders, producing strong results and are
dedicated to serving their communities. Additionally, I’m very proud
that we have more than 80 female leaders honored as part of U.S.
Bancorp’s Top Team Award. We are fortunate at U.S. Bank to have so many
talented women leading our organization.”

Godridge, executive vice president and head of National Corporate
Specialized Industries & Global Treasury Management, earned the No. 17
position on the list of most powerful women. This is the fifth
consecutive year she has been included in the “Most Powerful Women in
Banking” list. Godridge is the leader of U.S. Bank’s two largest
Wholesale Banking businesses: National Corporate Specialized Industries
(NCSI) and Global Treasury Management (GTM) and leads more than 800
employees. She is responsible for a credit and operational risk
portfolio of $60 billion as well as for developing broad relationships
with each customer. Global Treasury Management serves all customer
segments of U.S. Bank – community, commercial real estate, governments
and wholesale clients and has developed products for each unique
business line.

Rogers, vice chairman and chief financial officer, was number three on
the “Top 25 Women to Watch” list. Rogers was promoted to her current
role in January 2015. As CFO, she manages the Finance group within U.S.
Bank, which consists of more than 900 employees and is a member of the
U.S. Bank Managing Committee, which consists of the 15 most senior
leaders. In her role, Rogers oversees Controller Operations Group,
Investor Relations, Corporate Treasury, Business Line Reporting and
Planning, Corporate Real Estate and Corporate Development.

About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $419 billion in assets as of June 30, 2015, is the parent company
of U.S. Bank National Association, the fifth largest commercial bank in
the United States. The Company operates 3,164 banking offices in 25
states and 5,020 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
U.S. Bank. Member FDIC.

Contacts

Susan Beatty, U.S. Bank Corporate Communications
(612) 303-9229, susan.beatty@usbank.com