{"id":687799,"date":"2022-09-21T17:33:07","date_gmt":"2022-09-21T21:33:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-6-25-percent\/"},"modified":"2022-09-21T17:33:07","modified_gmt":"2022-09-21T21:33:07","slug":"u-s-bank-increases-prime-lending-rate-to-6-25-percent","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-6-25-percent\/","title":{"rendered":"U.S. Bank Increases Prime Lending Rate to 6.25 Percent"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>U.S. Bank Increases Prime Lending Rate to 6.25 Percent<\/b><\/p>\n<p>MINNEAPOLIS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nU.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 6.25 percent from 5.50 percent, effective tomorrow, September 22, 2022, at all U.S. Bank locations.\n<\/p>\n<p><b>About U.S. Bancorp:<\/b><\/p>\n<p>\nU.S. Bancorp, with approximately 70,000 employees and $591 billion in assets as of June 30, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate &amp; Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World\u2019s Most Ethical Companies and Fortune\u2019s most admired superregional bank. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fusbank.com%2Fabout&amp;esheet=52922519&amp;newsitemid=20220921005970&amp;lan=en-US&amp;anchor=usbank.com%2Fabout&amp;index=1&amp;md5=6e1f159bb12ecff21a314d8cef6a07ad\">usbank.com\/about<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220921005970r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220921005970\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220921005970\/en\/<\/a><\/span><\/p>\n<p>\nInvestor contact:<br \/>\n<br \/>George Andersen, Director of Investor Relations, U.S. Bancorp Investor Relations \u2013 612.303.3620, <a rel=\"nofollow\" href=\"mailto:george.andersen@usbank.com\">george.andersen@usbank.com<\/a><\/p>\n<p>\nMedia contact:<br \/>\n<br \/>Jeff Shelman, U.S. Bancorp Public Affairs and Communications \u2013 612.303.9933; <a rel=\"nofollow\" href=\"mailto:jeffrey.shelman@usbank.com\">jeffrey.shelman@usbank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Minnesota United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220921005970\/en\/1442062\/3\/US_Bancorp_logo_red_blue_RGB_%281%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Bank Increases Prime Lending Rate to 6.25 Percent MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 6.25 percent from 5.50 percent, effective tomorrow, September 22, 2022, at all U.S. Bank locations. About U.S. Bancorp: U.S. Bancorp, with approximately 70,000 employees and $591 billion in assets as of June 30, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate &amp; Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-6-25-percent\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Bank Increases Prime Lending Rate to 6.25 Percent&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687799","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Bank Increases Prime Lending Rate to 6.25 Percent - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-6-25-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Bank Increases Prime Lending Rate to 6.25 Percent - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Bank Increases Prime Lending Rate to 6.25 Percent MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 6.25 percent from 5.50 percent, effective tomorrow, September 22, 2022, at all U.S. Bank locations. About U.S. Bancorp: U.S. Bancorp, with approximately 70,000 employees and $591 billion in assets as of June 30, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate &amp; Commercial Banking; and Wealth Management and Investment Services. 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