U.S. Bancorp raises prime lending rate to 7.00%

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Go back to U.S. Bancorp raises prime lending rate to 7.00%

U.S. Bank Increases Prime Lending Rate to 7.00 Percent

September 16, 2026 5:30 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 7.00 percent from 6.75 percent, effective tomorrow, September 17, 2026, at all U.S. Bank locations.

About U.S. Bancorp:

Headquartered in Minneapolis, U.S.... More