US BANCORP \DE\ — Director's Dealing 2009

Jul 24, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2009-07-24

Reporting Person: Payne Richard B JR (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-07-24	Common Stock, $0.01 par value	F	4112	$19.32	Disposed	28930	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	713.9079	Indirect
Common Stock, $0.01 par value	2000	Indirect

Footnotes

F1: Based on a plan report dated June 30, 2009, the most recent plan report available.