US BANCORP \DE\ — Director's Dealing 2014

May 9, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2014-05-09

Reporting Person: LaFontaine Michael S. (EVP, Chief Oper. Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-09	Common Stock, $0.01 par value	S	2525.0000	$40.2700	Disposed	20259.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	10620.0000	Indirect

Footnotes

F1: Based on a plan report dated April 30, 2014, the most recent plan report available.