U.S. BANK

U.S. BANK. As of 2009 the eighth largest bank in the United States. U.S. Bank is part of U.S. Bancorp, a financial services holding company ranked 122 in the 2009 list of Fortune 500 companies.

The history of U.S. Bank in Dubuque is recent. In the early 1990s, after it merged with other banking concerns, the name of FIRST NATIONAL BANK OF DUBUQUE was changed to Hawkeye Bank of Dubuque. A few years later, the bank merged into the Mercantile Bank corporation. In 1999, Mercantile Bank was acquired by Firstar Bank. After Firstar merged with U.S. Bancorp, the banks became known as U.S. Bank, the name the bank carried in 2008.

The present day U.S. Bancorp was created by the merger of Firstar Corporation in Milwaukee, Wisconsin and Star Bank in Cincinnati, Ohio in 1999. Five months later, Firstar acquired the Mercantile Bancorporation of St. Louis, Missouri. The last major acquisition was Firstar's buyout of U.S. Bancorp, headquartered in Minneapolis, Minnesota completed on February 27, 2001.

The original U.S. Bancorp succeeded the United States National Bank of Portland established in Portland, Oregon in 1891; it changed its name to the United States National Bank of Oregon in 1964. That corporation was acquired in 1997 by First Bank System, Inc., which had its headquarters in Minneapolis, Minnesota. With that acquisition, First Bank System changed its name to U.S. Bancorp. First Bank System was the successor of a bank holding company formed in 1929 by several banks in the Upper Midwest, most notably the First National Bank of Minneapolis and the First National Bank of St. Paul, both of which had been established in 1864.

U.S. Bancorp has locations in Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming. It also has operations in Canada and Europe.