U.S. Bank provides a wide range of banking and financial services for individuals, small businesses, and large corporations, including checking, savings, loans, mortgages, and investment advisory. Its products run through a network of physical branches and digital tools like a mobile app, enabling customers to open accounts, transfer funds, apply for loans, invest, and receive guidance. Revenue comes mainly from interest on loans, service fees, and advisory fees. The bank differentiates itself with a broad product lineup, accessibility, and inclusion, aiming to make banking easier and more accessible for people across the United States.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1863
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Total Funding
$615.8M
Above
Industry Average
Funded Over
0 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Paid Vacation
Paid Holidays
Adoption Assistance
Paid Sick Leave
MGE Energy and its subsidiary Madison Gas and Electric announced on 5 October 2026 that they amended and restated three revolving credit agreements, extending maturity dates to 1 October 2031. The amendments include options for up to two additional one-year extensions, potentially pushing maturity to 2033. The MGE JPMorgan Chase credit facility's aggregate commitments increased from $90 million to $210 million. MGE Energy can borrow revolving funds and request letters of credit up to $50 million, with the option to seek an additional $25 million. Madison Gas and Electric's agreement with U.S. Bank National Association permits revolving borrowings up to $40 million. The agreements require borrowers to maintain a consolidated indebtedness to consolidated total capitalisation ratio not exceeding 65%. These amended agreements replace the original credit agreements established on 8 November 2022.
Red Robin Gourmet Burgers completed refinancing of its secured credit facility on 2 October 2026. The new $115 million facility comprises a $25 million revolving line of credit and a $90 million term loan, maturing in October 2031. The refinancing follows Red Robin's sale of 108 company-owned restaurants to three franchisees for approximately $89.4 million in gross proceeds. An additional eight restaurants are expected to be sold by year-end for $6.6 million, bringing total proceeds to approximately $96 million from 116 restaurants. The move is part of Red Robin's First Choice Plan to strengthen its balance sheet. Chief executive Dave Pace said the new facility provides "a stronger financial foundation" and "greater financial flexibility" to invest in restaurants and support franchise partners. JPMorgan Chase Bank served as administrative agent and collateral agent for the facility.
NETSTREIT Corp. announced the closing of $550.0 million in additional financing commitments and amendments to its existing credit facilities agented by PNC Bank, National Association , Wells Fargo...
Verra Mobility has partnered with U.S. Bank to integrate toll management services into the Voyager fleet payment platform. The solution enables U.S. Bank Voyager customers to automatically pay and record tolls across participating US toll roads, aiming to simplify payments and reduce administrative burden for fleet operators. The integration leverages Verra Mobility's toll processing platform, which handles over 300 million transactions annually across 7 million fleet vehicles. Fleet managers can now access toll payment services alongside existing Voyager offerings like fuel, EV charging, and maintenance through a single bill and reporting portal. The service addresses growing complexity as toll roads expand across the United States, helping fleets manage charges and violations across multiple tolling authorities whilst maintaining compliance. The solution is now available to all U.S. Bank Voyager customers.
Stepan Company has secured a new $500 million five-year credit agreement, replacing its previous $450 million facility and boosting liquidity by $50 million. The specialty chemicals maker announced the deal on 25 September 2026. The new package comprises a $350 million multicurrency revolving credit facility and a $150 million delayed draw term loan, both maturing in September 2031. An expansion option allows Stepan to increase total capacity to $750 million if needed. Interest rates are tied to the company's net leverage ratio, with spreads ranging from 1.125% to 1.625% above benchmark rates. JPMorgan Chase Bank serves as administrative agent, with Bank of America as syndication agent. The agreement includes standard financial covenants and will finance working capital, acquisitions, capital expenditure, and general corporate purposes.
Find jobs on Simplify and start your career today
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1863
Find jobs on Simplify and start your career today