BranchWatch

U.S. Bank

Legal institution: U.S. Bank National Association. Headquartered in Cincinnati, OH. Part of U.S. Bancorp. FDIC certificate #6548 · Federal Reserve RSSD 504713.

Total assets
$683.4B
Deposits
$539.8B
Q1 2026
Active branches
2,098
2,099 offices in FDIC records
Closings since Jan 2020
1,068
74 openings since Jan 2020
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Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$2.0B
Return on assets
1.17%
Return on equity
11.72%
Noncurrent loan rate
1.65%

Deposits by year (Summary of Deposits)

343
2019
398
2020
423
2021
455
2022
527
2023
527
2024
523
2025

Values in $ billions, June 30 of each year.

Closings by year

375
2020
223
2021
40
2022
189
2023
118
2024
102
2025
21
2026

Openings by year

6
2020
21
2021
5
2022
12
2023
11
2024
10
2025
9
2026

Other network changes since 2020

  • 39 branch relocations
  • 249 branches acquired through purchases or mergers

Branches by state

California 563Ohio 161Illinois 153Washington 136Missouri 129Oregon 114Minnesota 105Colorado 102Wisconsin 90Kentucky 69Iowa 56Arizona 56Tennessee 55Idaho 51Nevada 50Utah 39Nebraska 34Kansas 23New Mexico 21Arkansas 18Montana 17North Dakota 15South Dakota 10Wyoming 9Indiana 8North Carolina 7Florida 3Texas 3Georgia 1

Recent closings (30 of 1,068)

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.usbank.com.