U.S. Bancorp priced $8,177,000 aggregate principal of Senior Medium-Term Notes, Series Callable Fixed Rate Notes due April 30, 2037. The Notes pay a fixed 5.10% interest rate, are callable at issuer option on specified quarterly Redemption Dates beginning April 30, 2028, and were issued at 100% of principal on April 30, 2026.
The per-note price to the public is $1,000; selling commissions may be up to $12.36 per $1,000 note. The Notes are senior, unsecured obligations of U.S. Bancorp, not FDIC insured, and payments are subject to the Company’s credit risk.
U.S. Bancorp offers callable Senior Medium-Term Notes, fixed rate at 4.20% per annum with an expected Original Issue Date of May 8, 2026 and expected Maturity Date of May 8, 2029. The Notes pay interest semiannually on May 8 and November 8, beginning November 8, 2026.
The issuer may redeem the Notes, in whole but not in part, on Redemption Dates (May 8 and November 8) beginning May 8, 2028. The Redemption Price is 100% of principal plus accrued interest. Notes are unsecured senior obligations and carry U.S. Bancorp credit risk.
U.S. Bancorp is offering $2,000,000 aggregate principal of Senior Medium-Term Notes, Series Callable Fixed Rate Notes bearing interest at 5.60% per annum. The Notes mature on April 30, 2046 but may be redeemed at our option on specified quarterly Redemption Dates beginning April 30, 2029. Interest is payable annually on April 30, commencing April 30, 2027, using a 30/360 day count. The offering price is $1,000 per $1,000 principal amount Note, with selling commissions up to $19.30 per Note; total proceeds to the issuer before expenses are $1,961,400. The Notes are senior, unsecured obligations, will be issued in book-entry form through DTC on or about April 30, 2026, and include distribution arrangements involving the issuer’s affiliate USBI, subject to FINRA Rule 5121.
U.S. Bancorp priced $1,500,000 aggregate principal amount of Senior Medium-Term Notes, Series Callable Fixed Rate Notes due April 30, 2044. The Notes carry a 5.70% fixed interest rate, pay annual interest each April 30, and are callable at issuer option on quarterly Redemption Dates beginning April 30, 2029. The Original Issue Date (settlement) is April 30, 2026; price to public is $1,000 per $1,000 principal amount and proceeds to the issuer before expenses total $1,492,875.
U.S. Bancorp is offering $1,000,000 aggregate principal amount of Senior Medium-Term Notes, Series Callable Fixed Rate Notes due April 30, 2041. The Notes pay a fixed 5.60% annual interest rate and are callable by the issuer on specified quarterly Redemption Dates beginning July 30, 2028.
The Notes are unsecured senior obligations, issued at $1,000 per Note in minimum denominations of $1,000. The per‑Note proceeds to the issuer are $993.45 before expenses; selling commissions may be up to $6.55 per Note and the offering involves an affiliate distributor under FINRA Rule 5121.
U.S. Bancorp priced $1,500,000 of Senior Medium-Term Notes — Series Callable Fixed Rate Notes carrying a 5.375% fixed coupon. The Notes have an Original Issue Date of April 30, 2026 and a scheduled Maturity Date of April 30, 2041, unless redeemed earlier.
The issuer may redeem the Notes in whole (not in part) on quarterly Redemption Dates beginning July 30, 2028, with redemption at 100% of principal plus accrued interest. Interest is paid annually on April 30 of each year using a 30/360 day-count. The offering price to the public was set at $1,000 per $1,000 principal amount Note and expected proceeds to the issuer are $1,471,125 (before expenses).
U.S. Bancorp priced $1,000,000 aggregate principal of Senior Medium-Term Notes, Series Callable Fixed Rate Notes due April 30, 2044, with an interest rate of 5.50% per annum. The issuer may redeem the notes in whole (but not in part) on scheduled quarterly Redemption Dates beginning April 30, 2029, subject to the Business Day Convention and notice requirements.
Notes are issued at $1,000 per $1,000 principal amount (100% of principal), may be purchased in minimum denominations of $1,000, and will be delivered in book-entry form through DTC on or about the Original Issue Date of April 30, 2026. The offering includes selling commissions of up to $17.20 per $1,000 principal amount; proceeds to the issuer before expenses are $982.80 per note.
U.S. Bancorp priced $5,000,000 of Senior Medium-Term Notes, Series Callable Fixed Rate Notes due April 30, 2031 with a fixed interest rate of 4.40% per annum. The Notes are callable at issuer option on April 30 and October 30 each year beginning October 30, 2027 and ending October 30, 2030. Interest is payable semiannually on April 30 and October 30, beginning October 30, 2026. The offering price was 100% of principal; proceeds to U.S. Bancorp before expenses were $4,961,500 on an aggregate principal amount of $5,000,000. The Notes are senior, unsecured obligations and are not FDIC-insured.
US Bancorp director Richard P. McKenney acquired additional equity-based compensation tied to the company’s common stock. He received 3,355 restricted stock units that convert into common shares on a one-for-one basis and were fully vested at grant, but are payable in stock only after he ceases serving on the board, unless terminated for cause.
He also acquired 2,560 notional shares through Deferred Compensation Plan Participation at a reference price of $56.63 per share, bringing his deferred compensation balance to 34,342 notional shares, payable in common stock when he leaves the board. Some plan amounts include shares accumulated through dividend reinvestment. These are compensation and deferral entries, not open-market purchases or sales.
US Bancorp director Roland A. Hernandez reported equity-based awards tied to the company’s common stock. He acquired 3,355 restricted stock units that each convert into one share of common stock. These units were fully vested at grant and will be paid in stock when he ceases serving on the Board, unless service ends for cause.
He also acquired 3,885 units under a Deferred Compensation Plan Participation at a reference price of $56.63 per share, bringing his deferred stock-based balance under that plan to 31,629 units. Amounts in the plan include shares accumulated through dividend reinvestment and are payable in common stock when his board service ends.