US BANCORP \DE\ — Director's Dealing 2008

Oct 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2008-10-17

Reporting Person: Parker P.W. (Chief Credit Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-17	Common Stock, $0.01 par value	F	627	$30.10	Disposed	49651	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	1219.6366	Indirect

Footnotes

F1: Based on a plan report dated September 30, 2008, the most recent plan report available.