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U.S. Bancorp offers callable Senior Medium-Term Notes — Fixed Rate Notes due April 30, 2046 with an Interest Rate of 5.60% per annum. The notes have a twenty‑year term (expected Original Issue Date April 30, 2026) and are callable in whole on quarterly Redemption Dates beginning April 30, 2029. Interest will be paid annually on the 30th calendar day of April, with a 30/360 day count and minimum denominations of $1,000. The offering is unsecured and subordinated only by contractual seniority rules; payments depend on U.S. Bancorp’s credit. The pricing supplement discloses selling commissions up to $40.00 per $1,000 note and notes that affiliated dealer USBI is participating in distribution under FINRA Rule 5121.
U.S. Bancorp priced callable Senior Medium-Term Notes at a fixed 5.10% coupon. The Notes have an expected Original Issue Date of April 30, 2026 and an expected Maturity Date of April 30, 2037. They are callable in whole (not in part) on quarterly Redemption Dates beginning April 30, 2028 and ending January 30, 2037, at 100% of principal plus accrued interest. Notes are unsecured, senior obligations of U.S. Bancorp, offered in minimum denominations of $1,000 and generally priced at $1,000 per $1,000 principal amount. The distribution involves U.S. Bancorp Investments, Inc., which may earn and pay selling commissions up to $30.00 per $1,000, creating a FINRA Rule 5121 conflict of interest. The Notes are not FDIC insured.