{"id":754614,"date":"2023-05-03T20:06:33","date_gmt":"2023-05-04T00:06:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\/"},"modified":"2023-05-03T20:06:33","modified_gmt":"2023-05-04T00:06:33","slug":"u-s-bank-increases-prime-lending-rate-to-8-25-percent","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\/","title":{"rendered":"U.S. Bank Increases Prime Lending Rate to 8.25 Percent"},"content":{"rendered":"

<\/p>\n

U.S. Bank Increases Prime Lending Rate to 8.25 Percent<\/b><\/p>\n

MINNEAPOLIS–(BUSINESS WIRE<\/a>)–
\nU.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 8.25 percent from 8.00 percent, at all U.S. Bank locations. The reference rate at all Union Bank locations will also increase to 8.25 percent from 8.00 percent. These changes are effective tomorrow, May 4, 2023.<\/p>\n

About U.S. Bancorp:<\/b><\/p>\n

\nU.S. Bancorp, with approximately 77,000 employees and $682 billion in assets as of March 31, 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 & Commercial Banking; and Wealth Management and Investment Services. Union Bank, consisting primarily of retail banking branches on the West Coast, joined U.S. Bancorp in 2022. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2023 World\u2019s Most Ethical Companies and Fortune\u2019s most admired superregional bank. Learn more at usbank.com\/about<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230503006017\/en\/<\/a><\/span><\/p>\n

\nInvestor contact:
\n
George Andersen, Director of Investor Relations, U.S. Bancorp Investor Relations \u2013 612.303.3620, george.andersen@usbank.com<\/a><\/p>\n

\nMedia contact:
\n
Jeff Shelman, U.S. Bancorp Public Affairs and Communications \u2013 612.303.9933, jeffrey.shelman@usbank.com<\/a><\/p>\n

KEYWORDS:<\/b> Minnesota United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

U.S. Bank Increases Prime Lending Rate to 8.25 Percent MINNEAPOLIS–(BUSINESS WIRE)– U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 8.25 percent from 8.00 percent, at all U.S. Bank locations. The reference rate at all Union Bank locations will also increase to 8.25 percent from 8.00 percent. These changes are effective tomorrow, May 4, 2023. About U.S. Bancorp: U.S. Bancorp, with approximately 77,000 employees and $682 billion in assets as of March 31, 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 & Commercial Banking; and Wealth Management and Investment Services. … <\/p>\n

Continue reading “U.S. Bank Increases Prime Lending Rate to 8.25 Percent”<\/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-754614","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nU.S. Bank Increases Prime Lending Rate to 8.25 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-8-25-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 8.25 Percent - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Bank Increases Prime Lending Rate to 8.25 Percent MINNEAPOLIS–(BUSINESS WIRE)– U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 8.25 percent from 8.00 percent, at all U.S. Bank locations. The reference rate at all Union Bank locations will also increase to 8.25 percent from 8.00 percent. These changes are effective tomorrow, May 4, 2023. About U.S. Bancorp: U.S. Bancorp, with approximately 77,000 employees and $682 billion in assets as of March 31, 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 & Commercial Banking; and Wealth Management and Investment Services. … Continue reading "U.S. Bank Increases Prime Lending Rate to 8.25 Percent"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-04T00:06:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230503006017r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Bank Increases Prime Lending Rate to 8.25 Percent\",\"datePublished\":\"2023-05-04T00:06:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\\\/\"},\"wordCount\":242,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230503006017r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-bank-increases-prime-lending-rate-to-8-25-percent\\\/\",\"name\":\"U.S. Bank Increases Prime Lending Rate to 8.25 Percent - 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