0000036104-22-000045.txt : 20220915 0000036104-22-000045.hdr.sgml : 20220915 20220915155140 ACCESSION NUMBER: 0000036104-22-000045 CONFORMED SUBMISSION TYPE: MA/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220829 DATE AS OF CHANGE: 20220915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: US BANK NATIONAL ASSOCIATION CENTRAL INDEX KEY: 0000830013 IRS NUMBER: 310841368 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: MA/A SEC ACT: 1934 Act SEC FILE NUMBER: 867-01108 FILM NUMBER: 221245787 BUSINESS ADDRESS: STREET 1: 800 NICOLLET MALL STREET 2: BC-MN-H15F CITY: MINNEAPOLIS STATE: MN ZIP: 55402-7020 BUSINESS PHONE: 612-303-6000 MAIL ADDRESS: STREET 1: 800 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55402-4302 FORMER COMPANY: FORMER CONFORMED NAME: FIRST BANK NATIONAL ASSOCIATION /MN/ DATE OF NAME CHANGE: 19940601 MA/A 1 primary_doc.xml MA/A 0000830013 XXXXXXXX Craig Stites 7043352817 craig.stites@usbank.com william.hirata@usbank.com wayne.sattler@usbank.com craig.stites@usbank.com US BANK NATIONAL ASSOCIATION U.S. Bank Municipal Advisory Group 31-0841368 866-01669-00 867-01108 800 Nicollet Mall MINNEAPOLIS MN 55402 6514663000 Add 425 Walnut St. Cincinnati OH 45202 5136322460 Amend 2136156829 Add 777 E. Wisconsin Ave. Milwaukee WI 53202 4147656012 Add 513-304-0398 Amend 270 W 7th Street Dubuque IA 52001 513-632-2460 N http://usbnetportal/wealthmanagement/institutionaltrustandcustody/ITC_Municipal_Advisory_Group.aspx Lacelle C Stites

214 N. Tryon Street CN-NC-H26P CHARLOTTE NC 28202

7043352817 craig.stites@usbank.com Wayne Allen Sattler

777 E. Wisconsin Ave. Milwaukee WI 53202

4147656012 wayne.sattler@usbank.com U.S. Bancorp Y Federal Reserve System RSSD 1119794 U.S. Bank National Association Y Office of the Comptroller of the Currency RSSD 504713 Separately Identifiable Department or Division of a Bank December OH 10-22-2014 N 7 7 0 0 0 27 Municipal Entities Non-profit organizations 0 0 0 Not Applicable Fixed Fees Not Applicable Advice Investment Of Proceeds MS Advice ME Other Investments Y Y N Broker-dealer municipal securities dealer or government securities broker or dealer Investment Company Investment Adviser Swap Dealer Banking/Thrift institution Trust Company Insurance company or agency 23 Add Swap Dealer Banking/Thrift institution U.S. Bank National Association Banking Y Y Y Other - CANADA - OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS Z4 Other - CAYMAN ISLANDS MONETARY AUTHORITY E9 Add Investment Company Nuveen Oregon Intermediate Municipal Bond Fund Class I Nuveen Oregon Intermediate Municipal Bond Fund Class I Y Y N Add Broker-dealer municipal securities dealer or government securities broker or dealer Investment Adviser Insurance company or agency U.S. Bancorp Investments, Inc. U.S. Bancorp Investments, Inc. N Y N Add Investment Adviser U.S. Bancorp Asset Management, Inc. U.S. Bancorp Asset Management, Inc. N Y N Add Insurance company or agency U.S. Bancorp Insurance and Investments, Inc. U.S. Bancorp Insurance and Investments, Inc. N Y N Add Insurance company or agency U.S. Bancorp Insurance Services of Montana, Inc. U.S. Bancorp Insurance Services of Montana, Inc. N Y N Add Trust Company U.S. Bank Trust Company, National Association U.S. Bank Trust Company, National Association N Y N Add Banking/Thrift institution Mercantile Mortgage Financial Company Mercantile Mortgage Financial Company Y Y N Add Trust Company U.S. Bank Trust National Association U.S. Bank Trust National Association Y Y N Add Trust Company U.S. Bank Trust National Association SD U.S. Bank Trust National Association SD Y Y N Add Investment Company AMG GW&K Trilogy Emerging Wealth Equity Fund Class Z AMG GW&K Trilogy Emerging Wealth Equity Fund Class Z Y Y N Add Investment Company Nuveen Minnesota Intermediate Municipal Bond Fund Class I Nuveen Minnesota Intermediate Municipal Bond Fund Class I Y Y N Add Banking/Thrift institution U.S. Bancorp U.S. Bancorp Y Y N Add Insurance company or agency U.S. Bancorp Insurance Services, LLC U.S. Bancorp Insurance Services, LLC Y Y N Add Investment Company American Century High Income Fund Y Class American Century High Income Fund Y Class Y Y N Add Investment Company American Beacon Stephens Mid-Cap Growth Fund Institutional Class American Beacon Stephens Mid-Cap Growth Fund Institutional Class Y Y N Add Investment Company iPATH GSCI Total Return Index ETN iPATH GSCI Total Return Index ETN Y Y N Add Broker-dealer municipal securities dealer or government securities broker or dealer PFM Fund Distributors, Inc. PFM Fund Distributors, Inc. N Y N Add Investment Adviser PFM Financial Services LLC PFM Financial Services LLC N Y N Add Investment Adviser PFM Asset Management LLC PFM Asset Management LLC N Y N Add Investment Company PFM Multi-Manager Domestic Equity Fund Institutional Class PFM Multi-Manager Domestic Equity Fund Institutional Class Y Y N Add Investment Company PFM Multi-Manager Fixed-Income Fund PFM Multi-Manager Fixed-Income Fund Y Y N Add Investment Company PFM Multi-Manager International Equity Fund PFM Multi-Manager International Equity Fund Y Y N N Y Y Y N N Y Y Y N N N Y N N US BANCORP \DE\ 0000036104 Schedule B Schedule B-1: U.S. Bancorp acquired U.S. Bank 07/1958, but EDGAR did not accept an acquisition date prior to 01/01/1980, thus the Form reflects the earliest date EDGAR allowed. N Y N N N Y N Y Y N Y N Y N N Y N N N N N N N N Y Y U.S. Bancorp Y 41-0255900 Shareholder of U.S. Bank National Association of which a SIDD conducts municipal advisory activity 01-01-1980 E Y Wayne Allen Sattler Senior Vice President 10-22-2018 NA Y 000000000 Lacelle C Stites Chief Compliance Officer 07-09-2021 NA N 2598209 U.S. Bancorp Y 41-0255900 Shareholder of U.S. Bank National Association of which a SIDD conducts municipal advisory activity 01-01-1980 E Y Wayne Allen Sattler Senior Vice President 10-22-2018 NA Y 000000000 Lacelle C Stites Chief Compliance Officer 07-09-2021 NA N 2598209 1 9-A2 U.S. Bancorp N U.S. Bancorp Asset Management, Inc. 111912 Refer to U.S. Bancorp Asset Management, Inc. Form ADV Update 1 9-C2 9-C4 9-C5 U.S. Bank National Association N U.S. Bancorp Asset Management, Inc. 111912 FILE NO. 3-12029 1 9-E2 U.S. Bancorp Investments, Inc. Y 028-16147 U.S. Bancorp Investments, Inc. 17868 2012031945801 1 9-E2 U.S. Bancorp Investments, Inc. Y 028-16147 U.S. Bancorp Investments, Inc. 17868 AWC 2008013057101 1 9-C5 U.S. Bank National Association N U.S. Bancorp Investments, Inc. 17868 6:13CV2041LRR 9-C2 9-C4 9-C5 ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS PURSUANT TO SECTION 8A OF THE SECURITIES ACT OF 1933 AND SECTION 15B(c) OF THE SECURITIES EXCHANGE ACT OF 1934 3-16873 800 Nicollet Mall Minneapolis MN 55402 USBMSG CONSENTED TO THE SEC'S OFFER OF SETTLEMENT AND THE SEC ISSUED A CEASE AND DESIST ORDER RELATED TO THAT VIOLATION ON SEPTEMBER 30, 2015. USBMSG PAID A CIVIL PENALTY OF $60,000 AND HAS, AMONG OTHER THINGS, AGREED TO RETAIN A CONSULTANT TO REVIEW ITS POLICIES AND PROCEDURES. 09-30-2015 Cease and Desist CivilAdminPenaltyFine Debt - Municipal U.S. BANK MUNICIPAL SECURITIES GROUP, A DIVISION OF U.S. BANK NATIONAL ASSOCIATION ("USBMSG"), IS A REGISTERED MUNICIPAL SECURITIES DEALER AND UNDERWRITER. THE SECURITIES AND EXCHANGE COMMISSION ("SEC") IN 2014 INITIATED THE MUNICIPALITIES CONTINUING DISCLOSURE COOPERATION INITIATIVE ("MCDC"). MCDC REQUIRED UNDERWRITERS OF MUNICIPAL SECURITIES TO SELF-REPORT TRANSACTIONS IN WHICH THE UNDERWRITER FAILED TO CONFIRM THE ACCURACY OF THE ISSUER'S REPRESENTATIONS REGARDING ITS COMPLIANCE WITH PRIOR CONTINUING DISCLOSURE UNDERTAKINGS. USBMSG SELF-REPORTED ONE SUCH INSTANCE. 10-01-2015 Acceptance Waiver & Consent (AWC) Y Cease and Desist CivilAdminPenaltyFine 60000.00 60000.00 10-01-2015 60000.00 1 9-D2 9-D4 US BANK NATIONAL ASSOCIATION N OFFICE OF THE COMPTROLLER OF THE CURRENCY CONSENT ORDER AA-EC-2015-77 800 NICOLLET MALL MINNEAPOLIS MN 55402 THE OCC REQUIRED U.S. BANK TO IMPLEMENT CERTAIN ENHANCEMENTS TO U.S. BANK'S BANK SECRECY ACT/ANTI-MONEY LAUNDERING COMPLIANCE PROGRAM. SOME OF THE COMPLIANCE PROGRAM ENHANCEMENTS AND OTHER ACTIONS REQUIRED BY THE CONSENT ORDER HAVE ALREADY BEEN, OR ARE CURRENTLY IN THE PROCESS OF BEING, IMPLEMENTED. ON OCTOBER 23, 2015, U.S. BANK ENTERED INTO A CONSENT ORDER WITH THE OCC CONCERNING DEFICIENCIES IN ITS BANK SECRECY ACT/ANTI-MONEY LAUNDERING COMPLIANCE PROGRAM, AND REQUIRING AN ONGOING EVALUATION AND REMEDIATION OF THAT PROGRAM. 10-23-2015 OFFICE OF THE COMPTROLLER OF THE CURRENCY Undertaking Other BANKING THE OFFICE OF THE COMPTROLLER OF THE CURRENCY ("OCC") IDENTIFIED DEFICIENCIES IN U.S. BANK'S BANK SECRECY ACT/ANTI-MONEY LAUNDERING COMPLIANCE PROGRAM. 10-23-2015 Stipulation and Consent Y Undertaking 1 9-E2 U.S. Bancorp Investments, Inc. Y 801-68122 U.S. Bancorp Investments, Inc. 17868 2014042542101 1 9-D4 U.S. Bank National Association N In the Matter of: U.S. Bank National Association Cincinnatti Ohio AA-EC-2017-12 400 7th Street, SW Washington DC 20219 The matter related to deficiencies in the Bank's bankruptcy court filing practices between 2009-2014. 04-25-2017 Office of the Comptroller of the Currency CivilAdminPenaltyFine BankingProduct The OCC identified deficiencies in U.S. Bank's practices related to bankruptcy court filings completed between 2009-2014 that did not comply with bankruptcy laws. 04-25-2017 Order Stipulation and Consent U.S. Bank National Association paid a $15 million civil money penalty to the U.S. Treasury as required by the consent order. N N 1 9-D2 9-D4 U.S. Bancorp N U.S. Bancorp Asset Management, Inc. 111192 Refer to U.S. Bancorp Asset Management, Inc. Form ADV Update 1 9-C2 9-C4 9-C5 U.S. Bancorp Investments, Inc Y 008-35359 U.S. Bancorp Investments, Inc. 17868 3-19818 1 9-D1 U.S. Bank National Association N U.S. Bancorp Asset Management, Inc. 111912 2022-CFPB-0006 Lacelle Craig Stites Lacelle Craig Stites Chief Compliance Officer 08-29-2022 N N Y N N Y N Y N N N N Y N N N N Y N N N