February 7, 2013, News Release

U.S. BANK INSTITUTIONAL TRUST AND CUSTODY NAMES CHRIS KAISER VICE PRESIDENT, BUSINESS DEVELOPMENT OFFICER


DANBURY, Conn. (February 7, 2013) — U.S. Bank Institutional Trust and Custody has named Chris Kaiser a business development officer for its Institutional Trust and Custody division.

Kaiser reports to Edward Buenaga, senior vice president and regional manager. “Chris offers a wealth of experience working with institutions and will be instrumental bringing in new business in the Northeast," said Buenaga.

Kaiser is responsible for developing relationships with potential U.S. Bank Institutional Trust and Custody clients. Kaiser works at the U.S. Bank office located at 100 Mill Plain Road in Danbury, Conn.

Kaiser has worked in the financial services industry for more than 20 years. He comes to U.S. Bank from J.P. Morgan Securities where he served as an investment advisor. Kaiser earned a Bachelor of Arts degree from the University of Delaware in Newark, and his M.B.A. from LaSalle University in Philadelphia.

About U.S. Bank Institutional Trust and Custody
U.S. Bank Institutional Trust and Custody, a division of U.S. Bank N.A., offers comprehensive services including fiduciary, custodial, securities lending, investment management and benefit payment processing to endowments, foundations, corporations, insurance companies, financial institutions, unions, government and public entities, and registered investment advisors. U.S. Bank Institutional Trust and Custody has more than 3,000 clients with estimated assets of $869 billion under administration.

About U.S. Bancorp
U.S. Bancorp (NYSE: USB), with $354 billion in assets as of December 31, 2012, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The Company operates 3,084 banking offices in 25 states and 5,065 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 www.usbank.com.

###

Amy Frantti
Media Relations
U.S. Bancorp
Phone: 612-303-0733
Fax: 612-303-0735
800 Nicollet Mall, 23rd Floor
Mail Code BC-MN-H23K
Minneapolis, MN 55402