U

U.S. Bank

Offers banking, loans, mortgages, investment advisory

Overview

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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About U.S. Bank

Simplify's Rating
Why U.S. Bank is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

FintechFinancial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

Minneapolis, Minnesota

Founded

1863

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Simplify's Take

What believers are saying

  • Second-quarter 2026 net income rose 20% to $2.177 billion on July 16, 2026.
  • U.S. Bank raised its prime rate to 7.00% on September 16, 2026, supporting margins.
  • September 2026 CFO survey shows stronger dealmaking, AI spending, and treasury-management demand.

What critics are saying

  • The CFPB's terminated 2022 order still defines U.S. Bank's control-fragility reputation in 2026.
  • April 8, 2026 Nebraska foreclosure litigation spotlights servicing failures and homeowner-loss headlines.
  • Stablecoin and payments expansion invites OCC and CFPB scrutiny if operational controls slip in 2027.

What makes U.S. Bank unique

  • U.S. Bank launched USBDC on Stellar September 9, 2026, banking-native stablecoin infrastructure.
  • Elavon won TSG's 2026 Best B2B API Award on September 29, 2026.
  • Voyager, treasury management, and industry-specialist lending bundle payments across fleets and manufacturers.

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Funding

Total Funding

$615.8M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Paid Vacation

Paid Holidays

Adoption Assistance

Paid Sick Leave

Stock Price

Company News

Kalkine Media
Oct 5th, 2026
MGE Energy extends credit facility to 2031, boosts commitment to $210M

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.

MarketScreener
Oct 5th, 2026
Red Robin completes $115M refinancing after selling 108 restaurants for $89.4M

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.

MarketScreener
Oct 2nd, 2026
NETSTREIT Corp. Announces $550.0 Million in Additional Financing Commitments and Amendments to Existing Credit Facilities

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...

PR Newswire
Sep 29th, 2026
Verra Mobility partners with U.S. Bank to streamline toll management for fleet operators

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.

Minichart
Sep 28th, 2026
Stepan secures $500M five-year credit facility, up from $450M

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.

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