8-K

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: June 17, 2014

(Date of earliest event reported)

U.S. BANCORP

(Exact name of registrant as specified in its charter)

	Delaware
(State or other jurisdiction of incorporation)

1-6880	41-0255900
(Commission file number)	(IRS Employer Identification No.)

800 Nicollet Mall

Minneapolis, Minnesota 55402

(Address of principal executive offices, including zip code)

(651) 466-3000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 17, 2014, the Board of Directors of U.S. Bancorp (the “Company”) elected Scott W. Wine as a director of the Company effective as of July 14, 2014. Mr. Wine will serve on the Audit Committee and the Community Reinvestment and Public Policy Committee. Mr. Wine will receive compensation in accordance with the Company’s standard compensation arrangements for non-employee directors, which are described under the heading “Director Compensation” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March 4, 2014. A copy of the press release issued by the Company on June 17, 2014, announcing the appointment to the Board of Directors is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release dated June 17, 2014

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SIGNATURE

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/ James L. Chosy
	James L. Chosy Executive Vice President, General Counsel and Corporate Secretary

Date: June 17, 2014

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EX-99.1

Exhibit 99.1

		News Release
	Contact:	Sean O’Connor	Teri Charest
		Investor Relations	Media Relations
		(612) 303-0778	(612) 303-0732

SCOTT W. WINE JOINS U.S. BANCORP BOARD OF DIRECTORS

MINNEAPOLIS (June 17, 2014) - U.S. Bancorp (NYSE: USB) announced today that its Board of Directors has elected Scott W. Wine as a director of the company effective as of July 14, 2014. Wine, 47, is the Chairman and Chief Executive Officer of Polaris Industries Inc., a worldwide manufacturer and marketer of innovative high-performance motorized products based in the Minneapolis suburb of Medina. Wine joined Polaris in 2008 as Chief Executive Officer. Prior to that time, he served as President of Fire Safety Americas, a division of United Technologies Corporation.

“We are delighted that Scott will be bringing his extensive experience and insight to our board,” said Richard K Davis, chairman, president and chief executive officer of U.S. Bancorp. “He is a talented and recognized leader, and will provide valuable contributions and guidance in the years ahead.”

Minneapolis-based U.S. Bancorp, with $371 billion in assets as of March 31, 2014, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,083 banking offices in 25 states and 4,878 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.

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