US BANCORP \DE\ — Director's Dealing 2007

Jun 21, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2007-06-20

Reporting Person: Hoesley Joseph C (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-20	Common Stock, $0.01 par value	F	655	$34.41	Disposed	54657	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	10566.2634	Indirect
Common Stock, $0.01 par value	48975	Indirect
Common Stock, $0.01 par value	3103.7549	Indirect

Footnotes

F1: Based on a plan report dated May 31, 2007, the most recent plan report available.