US BANCORP \DE\ — Director's Dealing 2011

Jul 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2011-07-21

Reporting Person: MITAU LEE R (EVP, General Counsel, and Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-21	Common Stock, $0.01 par value	S	2500.0000	$26.9500	Disposed	56022.0000	Direct
2011-07-21	Common Stock, $0.01 par value	S	7500.0000	$26.9510	Disposed	48522.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	2051.1532	Indirect
Common Stock, $0.01 par value	60019.0000	Indirect

Footnotes

F1: Based on a plan report dated June 30, 2011, the most recent plan report available.