US BANCORP \DE\ — Regulatory Filings 2005

Jul 27, 2005

424B2 1 c96979e424b2.htm PRICING SUPPLEMENT NO. 1 e424b2 PAGEBREAK

Rule 424(b)(2) Registration No. 333-124535

PRICING SUPPLEMENT TO PROSPECTUS DATED MAY 12, 2005, AS SUPPLEMENTED BY PROSPECTUS SUPPLEMENT DATED MAY 12, 2005, AND SUPPLEMENTAL TO THE OFFICERS’ CERTIFICATE AND COMPANY ORDER, DATED MAY 12, 2005 NO. 1 DATED Monday, July 25, 2005

U.S. BANCORP Medium-Term Notes, Series P (Senior) Medium-Term Notes, Series Q (Subordinated)

CUSIP No.:
Series:
þ	Series P (Senior)
o	Series Q (Subordinated)
Form of Note:
þ	Book-Entry
o	Certificated
Principal Amount:	$ 500,000,000.00
Trade Date:	Monday, July 25, 2005
Original Issue Date:	Friday, July 29, 2005
Maturity Date:	Thursday, July 29, 2010
Base Rate (and, if applicable, related Interest Periods):
þ	Fixed Rate Note
o	Commercial Paper Note
o	Federal Funds Note
o	LIBOR Note
o	EURIBOR Note
o	Prime Rate Note
o	CD Rate Note
o	Treasury Rate Note
o	CMT Rate Note
o	Other Base Rate
o	Zero Coupon Note

Agent’s Commission:

Redemption Terms:

Other Terms: The Notes may be held through one or more international and domestic clearing systems, principally the book-entry systems operated by DTC in the United States, and Euroclear or Clearstream in Europe.

Name of Agent and Delivery Instructions: Citigroup Global Markets Inc. and Credit Suisse First Boston LLC

DTC #355

Columbus/432704.2

Issue Price (Dollar Amount and Percentage of Principal Amout):

Amount:
Proceeds to the Company:	$498,585,000.00
Interest Rate/Initial Interest Rate:	4.5000%
Interest Payment Dates:	Semi-annually on the 29th of January and July, commencing January 29, 2006
Regular Record Date:	15 calendar days preceding each Interest Payment Date
Interest Determination Date:	n/a
Interest Reset Date:	n/a
Index Source:	n/a
Index Maturity:	n/a
Spread:
Spread Multiplier:
Maximum Interest Rate:
Day Count:	30/360
Minimum Interest Rate:

For Original Issue Discount Notes:

Original Issue Discount %:

Yield to Maturity:

Original Issue Discount Notes:

| o | Subject to special provisions set forth therein with respect to the
prinipal amount thereof payable upon any redemption or acceleration of the
maturity thereof. |
| --- | --- |
| o | For Federal income tax purposes only. |

Signature

/s/ Daryl N. Bible (Authorized signature) Daryl N. Bible

/s/ Kenneth D. Nelson (Authorized signature) Kenneth D. Nelson