โ US Bank ABA Routing Number - Where Is It? ๐ด
62US Bank ABA Routing Number - Where Is It?
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US Bank ABA Routing Number - Where Is It?
U.S. Bancorp (stylized as US bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 ATMs, primarily in the Midwestern United States,[1] and has approximately 72,400 employees.The company also owns Elavon, a processor of credit card transactions.[1]
U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which it obtained upon its merger with Wachovia.[4]
The U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891.[5] It changed its name to the United States National Bank of Oregon in 1964.[5] In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. National Bank name.[5]
The central part of the franchise dates from 1864, with the formation of First National Bank of Minneapolis.[5] In 1929, that bank merged with First National Bank of St. Paul (also formed in 1864) and several smaller Upper Midwest banks to form the First Bank Stock Corporation, which changed its name to First Bank System in 1968.[5]
In the eastern part of the franchise, Farmers and Millers Bank in Milwaukee opened its doors in 1853, growing into the First National Bank of Milwaukee and eventually becoming First Wisconsin and ultimately Firstar Corporation.[5] In Cincinnati, First National Bank of Cincinnati opened for business in 1863 under National Charter #24โthe charter that U.S. Bancorp still operates under today, and one of the oldest active national bank charters in the nation.[5] Despite having started up in the midst of the Civil War, First National Bank of Cincinnati went on to survive many decades to grow into Star Bank.[5]
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