U.S. Bank Awarded More Than $26 Million in Grants to Make Community Possible in 2016

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MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank awarded $26.2 million in grants to nonprofit organizations
across the country in 2016. The grants, made through the U.S. Bank
Foundation, support the three core pillars of the Community Possible
corporate social responsibility platform the bank introduced last year:
Work, Home and Play.

“Work, Home and Play are the building blocks that make our country
great: a stable job, a home to call your own and a community connected
through the arts, recreation and play,” said Reba Dominski, head of
corporate social responsibility for U.S. Bank and president of the U.S.
Bank Foundation. “We’re proud to help hundreds of organizations
strengthen local communities across the country and look forward to
continuing to make Community Possible in 2017 and beyond.”

The grants were distributed across the company’s 25-state footprint. The
total giving also includes grants made to U.S. Bank’s national partners
United Way and American Red Cross as well as employee giving match
programs. This year, U.S. Bank will provide grants in the areas of Work,
Home and Play through three grant cycles. More information can be found
on U.S.
Bank’s website
.

Work
At U.S. Bank, we know that a strong small business
environment and an educated workforce ensure the prosperity of our
communities. Through our grantmaking program, we make that possible. We
support programs and organizations that help small business thrive,
people succeed in the workforce, provide pathways to higher education,
and gain greater financial literacy. The application period for Work
grants in 2017 is April 1-May 31.

Home
The case for a stable, healthy home environment is
clear: children and families are better positioned to thrive and succeed
in a home that is safe and permanent. In response, our giving supports
efforts that connect individuals and families with sustainable housing
opportunities. The application period for Home grants in 2017 is July
1-August 31.

Play
Play brings joy. It is beneficial for problem solving,
creativity and relationships. And play is just as necessary for adults
as it is for kids. But in low and moderate-income communities, there are
often limited spaces for play and limited access to arts and cultural
activities. We invest in community programming that supports access to
the arts, arts education and learning through play for children and
adults in low and moderate-income communities. Application for Play
grants in 2017 is Feb. 1-March 15.

“We are focused on being a good corporate citizen and closing the gaps
between opportunity and possibility across Work, Home and Play,” said
Dominski. “ We are excited to make the communities we serve even
stronger through our Community Possible platform – one investment at a
time.”

About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $446 billion in assets as of December 31, 2016, is the parent
company of U.S. Bank National Association, the fifth largest commercial
bank in the United States. The Company operates 3,106 banking offices in
25 states and 4,842 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.

Contacts

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