U.S. Bancorp Mergers and Acquisitions


U.S. Bancorp

U.S. Bancorp Center
800 Nicollet Mall
Minneapolis, MN 55402
United States
Tel:1/612/973-1111
URL: http://www.usbank.com
Primary Symbol & Exchange:
USB - Common Stock - New York Stock Exchange
Industry:
Banking
U.S. Bancorp Company Snapshot

U.S. Bancorp Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

U.S. Bancorp M&A History


US Bank National Association acquires BB&T Corp-Nevada Bkg Op from BB&T Corp (pending) US Bank National Association acquires  BB&T Corp-Nevada Bkg Op from BB&T Corp (pending)Oct 14, 2009

US - US Bank National Association, Cincinnati, Ohio, a unit of US Bancorp, Minneapolis, Minnesota, definitively agreed to acquire the Nevada banking operations of BB&T Corp, a Winston Salem-based bank holding company. Terms were not disclosed.

US Bancorp Fund Services LLC acquires Fiduciary Mgmt Inc-Mutual Fund from Fiduciary Management Inc US Bancorp Fund Services LLC acquires  Fiduciary Mgmt Inc-Mutual Fund from Fiduciary Management IncOct 05, 2009

US - US Bancorp Fund Services LLC, a wholly-owned unit of US Bancorp, Minneapolis, Minnesota, acquired the mutual fund administration and accounting servicing division of Fiduciary Management Inc, a Milwaukee- based provider of money management services.

Elavon Inc acquires Citigroup Inc-Diners Club Card from Citigroup Inc Elavon Inc acquires  Citigroup Inc-Diners Club Card from Citigroup IncSep 28, 2009

UK - Elavon Inc of the US, a unit of US Bancorp acquired the Diners Club Card merchant portfolio in Western Europe of Citigroup Inc, a New York- based provider of financial services.

Bank of the West,CA acquires Wachovia Bank NA-Branches(2) from Wells Fargo,San Francisco,CA (pending) Bank of the West,CA acquires  Wachovia Bank NA-Branches(2) from Wells Fargo,San Francisco,CA (pending)Sep 24, 2009

US - Bank of the West, San Francisco, California agreed to acquire the Monterey and Santa Cruz branches of Wachovia Bank NA, a unit of Wells Fargo & Co's Wachovia Corp subsidiary. Terms were not disclosed.

Elavon Inc acquires Carolina First Bank-Merchant from The South Financial Group Inc Elavon Inc acquires  Carolina First Bank-Merchant from The South Financial Group IncSep 11, 2009

US - Elavon Inc, a wholly- owned unit of US Bancorp, Minneapolis, Minnesota, acquired the merchant processing portfolio of Carolina First Bank, Greenville, South Carolina, a unit of The South Financial Group Inc.

Elan Financial Services acquires Associated Bank-Corp-Credit from Associated Banc-Corp Elan Financial Services acquires  Associated Bank-Corp-Credit from Associated Banc-CorpSep 03, 2009

US - Elan Financial Services, a unit of US Bancorp, Minneapolis, Minnesota, acquired the credit card portfolio of Associated Banc- Corp, a Green Bay-based bank holding company.

Elan Financial Services acquires Key Bank USA NA,Cleveland,OH- from KeyCorp,Cleveland,Ohio Elan Financial Services acquires  Key Bank USA NA,Cleveland,OH- from KeyCorp,Cleveland,OhioSep 02, 2009

US - Elan Financial Services, a unit of US Bancorp, Minneapolis, Minnesota, acquired the credit card portfolio of Cleveland-based Key Bank USA NA, a unit of KeyCorp, Cleveland, Ohio.

US Bancorp,Minneapolis,MN is rumored to be planning to acquire Citigroup Inc-Credit Card from Citigroup Inc US Bancorp,Minneapolis,MN is rumored to be planning to acquire  Citigroup Inc-Credit Card  from Citigroup IncAug 31, 2009

US - US Bancorp, Minneapolis, Minnesota, was rumored to be planning to acquire three credit-card portfolios of Citigroup Inc, a New York- based provider of provider of financial services such as insurance, investment and mortgage banking, securities brokerage, investment management

Elavon Inc acquires MB Financial Inc-Merchant Card from MB Finl Inc,Chicago,IL Elavon Inc acquires  MB Financial Inc-Merchant Card from MB Finl Inc,Chicago,ILAug 10, 2009

US - Elavon Inc, a unit of US Bancorp, acquired the merchant card processing business of MB Financial Inc, a Chicago-based bank holding company.

Elan Financial Services acquires Town North Bk Nevada-Agent CC from Town North Bank NA (pending) Elan Financial Services acquires Town North Bk Nevada-Agent CC from Town North Bank NA (pending)May 12, 2009

US - Elan Financial Services, a unit of US Bancorp, agreed to acquire the agent credit card issuing assets of Town North Bank Nevada NA, a Henderson-based provider of agent issuing credit card services, and a unit of Town North

US Bank National Association acquires First Bank of Idaho-Cert Asts from Sun Valley Bancorp US Bank National Association acquires First Bank of Idaho-Cert Asts from Sun Valley BancorpApr 25, 2009

US - US Bank National Association, Cincinnati, Ohio, a unit of US Bancorp, acquired certain assets of First Bank of Idaho, a provider of commercial banking services, from Sun Valley Bancorp.

US Bank National Association acquires AmeriServ-Corporate Trust Bond from AmeriServ Financial Inc (pending) US Bank National Association acquires AmeriServ-Corporate Trust Bond from AmeriServ Financial Inc (pending)Apr 08, 2009

US - US Bank National Association of Cincinnati, Ohio, a unit of US Bancorp, agreed to acquire the corporate trust bond administration business of AmeriServ Financial Inc, a Johnstown-based bank holding company. Terms were not disclosed.

Elan Financial Services acquires Bar Harbor Bk & Tr-CC Line from Bar Harbor Bankshares,ME (pending) Elan Financial Services acquires Bar Harbor Bk & Tr-CC Line from Bar Harbor Bankshares,ME (pending)Dec 11, 2008

US - Elan Financial Services definitively agreed to acquire the credit card line accounts portfolio of Bar Harbor Bank & Trust, a community bank and a wholly-owned unit of Bar Harbor Bankshares, for an estimated $#.### mil.

US Bank National Association acquires Pomona First Fed Bk & Tr(PFF) from PFF Bancorp Inc,CA US Bank National Association acquires Pomona First Fed Bk & Tr(PFF) from PFF Bancorp Inc,CANov 21, 2008

US - US Bank National Association (UB), a unit of US Bancorp, acquired Pomona First Federal Bank & Trust Co, a savings and loan bank, and a PFF Bancorp Inc. Concurrently, UB acquired Downey Savings & Loan Association FA.

US Bank National Association acquires Downey Savings & Loan Assn FA from Downey Financial Corp US Bank National Association acquires Downey Savings & Loan Assn FA from Downey Financial CorpNov 21, 2008

US - US Bank National Association (UB), a unit of US Bancorp, acquired Downey Savings & Loan Association FA, a provider of savings and loan services, and a unit of Downey Financial Corp. Concurrently, UB acquired Pomona First Federal Bank & Trust Co.

Elan Financial Services acquires Pk Natl Bk-Unsecured Credit from Park National Corp,OH (pending) Elan Financial Services acquires Pk Natl Bk-Unsecured Credit from Park National Corp,OH (pending)Oct 10, 2008

US - Elan Financial Services, a wholly-owned unit of US Bancorp, definitively agreed to acquire the unsecured credit card portfolio of Park National Bank (PN), a wholly-owned unit of Park National Corp. Concurrently, Elavon Inc definitively agreed to acquire

Elavon Inc acquires Pk Natl Bk-Bankcard Processing from Park National Corp,OH (pending) Elavon Inc acquires Pk Natl Bk-Bankcard Processing from Park National Corp,OH (pending)Oct 10, 2008

US - Elavon Inc, a wholly-owned unit of US Bancorp, definitively agreed to acquire the merchant bankcard processing portfolio of Park National Bank (PN), a wholly-owned unit of Park National Corp. Concurrently, Elan Financial Services definitively agreed to acquire

Elavon Inc acquires a minority stake in Park National Corp,OH Elavon Inc acquires a minority stake in Park National Corp,OHOct 01, 2008

US - Elavon Inc, a unit of US Bancorp, acquired an undisclosed minority stake in Park National Corp, in a privately negotiated transaction.

Elavon Inc acquires Chemung Canal Trust Co from Chemung Financial,Elmira,NY Elavon Inc acquires Chemung Canal Trust Co from Chemung Financial,Elmira,NYOct 01, 2008

US - Elavon Inc, a unit of US Bancorp, acquired a ##% interest in Chemung Canal Trust Co, a provider of banking services, from Chemung Financial Corp, Elmira, New York.

Elavon Inc acquires American Community Bancorp Elavon Inc acquires American Community BancorpSep 30, 2008

US - Elavon Inc, a unit of US Bancorp, acquired an undisclosed majority interest in American Community Bancorp Inc, a savings and loan bank.

U.S. Bancorp M&A Summary


U.S. Bancorp has made 157 acquisitions while taking stakes in 11 companies. U.S. Bancorp has 86 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009700
2008970
2007300
20061303
2005500
2004400
2003213
2002710
2001805
2000803
199910010
1998422
1997703
1996508
199510034
1994804
1993503
1992801
1991502
1990902
1989101
1988701
1987100
1986201
1985200
1984200
1983200
1982300
Total1571186

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