Mr. Andrew Cecere, also known as Andy, has been the Chief Executive Officer and President of U.S. Bancorp and U.S. Bank National Association since April 18, 2017 and January 19, 2016. Mr. Cecere served as Chief Operating Officer at U.S. Bancorp and U.S. Bank National Association from January 2015 to April 18, 2017. He served as the Vice Chairman of U.S. Bancorp and US Bank NA since February 27, 2007 until January 19, 2016. He served as the Chief Financial Officer and Chairman at U.S. Bancorp Asset Management, Inc. Mr. Cecere has been the Chief Financial Officer and Vice Chairman of US BanCorp. (DE) at U.S. BanCorp. Equipment Finance, Inc. since February 27, 2007. He has been the Chief Operating Officer of U.S. Bank since January 20, 2015. He served as Chief Financial Officer of U.S. Bancorp from February 27, 2007 to January 2015. Prior to this, he served as a Senior Vice President of Finance at U.S. Bank from 1992 to February 27, 2007. From February 2001 to February 2007, he was responsible for Wealth Management & Securities Services. has over 30 years of experience with U.S. Bancorp, including serving as Vice Chairman of Wealth Management and leading key banking, trust, insurance, and advisory businesses. He served as the Vice Chairman of Asset Management at US BanCorp. from November 2001 to February 27, 2007 and also served as its Vice Chairman of Private Client and Trust from February 2001 to February 27, 2007. He has been with US Bank since 1985. He served as the Vice Chairman of U.S. Bank with responsibility for Commercial Services from 1999 to 2001. From 1985 to 2001, Mr. Cecere held various senior financial executive positions at US BanCorp. and its predecessors, including Chief Financial Officer from May 2000 to February 2001 and Vice Chairman for corporate trust and leasing business lines and manager of treasury management, international banking and government banking functions from 1999 to 2000. He has been Director of US BanCorp. since February 2007. He has been an Independent Director of Donaldson Company, Inc. since September 27, 2013. He has been a Director of U.S. Bank National Association and U.S. Bancorp since January 16, 2017. He serves as a Director of DeCare Dental, LLC. Mr. Cecere serves as a Director of the Greater Twin Cities United Way, Capital City Partnership, DeCare International and Delta Dental of Minnesota. He serves on the board of overseers of the Carlson School of Management at the University of Minnesota. He has been the Chairman of U.S. Bancorp. since 2018. He served as a Director of Fair Isaac Corp. from April 2004 to January 2007. Mr. Cecere holds an MBA in finance from the University of Minnesota and a Bachelor's Degree from the University of St. Thomas.
U.S. Bancorp (stylized as US bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.[2] It is the parent company of US Bank National Association, known as US Bank, which is ranked 7th on the list of largest banks in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 ATMs, primarily in the Midwestern United States,[1] and has approximately 72,400 employees.[3] The company also owns Elavon, a processor of credit card transactions.[1]
U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which it obtained upon its merger with Wachovia.[4]
