UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 or 15(d)

                     OF THE SECURITIES EXCHANGE ACT OF 1934





       Date of report (Date of earliest event reported): July 20, 2000


                                  U.S. BANCORP
             (Exact name of registrant as specified in its charter)


          DELAWARE                    1-6880                   41-0255900
(State or other jurisdiction       (Commission              (I.R.S Employer
     of Incorporation)             File Number)           Identification No.)


              601 SECOND AVENUE SOUTH, MINNEAPOLIS, MINNESOTA 55402
               (Address of principal executive offices) (Zip Code)


        Registrant's telephone number, including area code: 612-973-1111


                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)





ITEM 5. OTHER EVENTS.

     On July 20, 2000, U.S. Bancorp (the "Company") issued a press release
discussing second quarter 2000 results and anticipated full-year 2000
earnings. The press release is included as Exhibit 99.1 hereto and is
incorporated herein by reference. The press release contains forward-looking
statements regarding the Company and includes a cautionary statement
identifying important factors that could cause actual results to differ
materially from those anticipated.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

(c)     Exhibits.

        99.1 Press Release issued by U.S. Bancorp on July 20, 2000.




                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                      U.S. BANCORP

                                      By   /s/ Terrance R. Dolan
                                         --------------------------------------
                                           Terrance R. Dolan
                                           Senior Vice President & Controller

DATE: July 20, 2000
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