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
North Dakota Nonemployee Director Stock Option Plan of U.S. Bancorp
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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. U.S. Bancorp Center, Minneapolis, Minnesota, U.S.
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. Andrew Cecere | Management - U.S. Bancorp - U.S. Bank usbank.com ? management ? andrew-cecere usbank.com ? management ? andrew-cecere
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 a publicly traded company, we're also governed by a 13-member Board of Directors, which is chaired by Cecere. About us | U.S. Bank | U.S. Bancorp usbank.com ? about-us-bank usbank.com ? about-us-bank
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.
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 $503.2 billion average of analysts' estimates in a Bloomberg survey. Regional Banks Shrink Balance Sheets as Stricter Rules Loom bloomberg.com ? news ? articles ? u-s-banc... bloomberg.com ? news ? articles ? u-s-banc...
Top 10 Owners of US Bancorp StockholderStakeTotal value ($)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 USB - US Bancorp Shareholders - CNNMoney.com cnn.com ? quote ? shareholders cnn.com ? quote ? shareholders
And to respond to a question we sometimes hear, U.S. Bank is not part of the U.S. government.