US Bancorp Salary

US Bancorp Salary

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As of August 2026, the average hourly salary for employees at US Bancorp in the United States is $64. This translates to an approximate annual wage of $133,991. Salaries at US Bancorp typically range from $56 to $73 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at US Bancorp

Ready for your next career move? Explore current job openings at US Bancorp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is US Bancorp’s Pay Competitive? Salary Benchmarking Analysis

How does US Bancorp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
JP Morgan India Private Ltd $65
+1.6%
Confirms JP Morgan India Private Ltd is a direct competitor vying for the exact same talent pool.
Transform SR Brands LLC $64
-1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
SF Holdings LLC $65
+0.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Habib American Bank $74
+14.1%
Data suggests Habib American Bank's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $59
-9.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Companies Similar to US Bancorp and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at US Bancorp. Click a company name to learn more.

Employee Reviews: Working at US Bancorp

Considering a career at US Bancorp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
This clarity helps us understand how our individual contributions directly support the company's overarching financial objectives. Projects are well-managed and feedback is constructive. The systems in place help with productivity, and the support from colleagues has been fantastic. Responsibilities are well-outlined, and operations are efficient.
Commented in May 14, 2025
22
1
Benefits are comprehensive, including health insurance, retirement plans, and wellness initiatives. I’ve improved my skills significantly in a short time, and I see a long-term future here. Flexible schedules and remote work options promote a healthy work-life balance. Limited flexibility in some scheduling areas. Employees have access to ongoing training and career development opportunities. The ...
Commented in February 01, 2025
15
3
Performance expectations are reasonable, but praise is minimal. Training is offered but sometimes lacks depth or relevance to specific roles. I’ve had excellent mentorship and space to develop professionally.
Commented in December 28, 2024
20
2
It’s rewarding to work where competence, transparency, and support go hand-in-hand. Fast-paced environment with rewarding outcomes. Birthday recognitions. Management is present without micromanaging. Leadership listens and acts swiftly.
Commented in January 23, 2024
17
1

US Bancorp Overview

Website
www.usbank.com
Founded In
1863
Employees
>50,000 employees
Industry
Financial Services
Headquarter Address
800 Nicollet Mall Minneapolis Minnesota MN 55402
Revenue
$10B - $50B
Phone Number
+1 6514663000
Social Media
About US Bancorp
U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which include checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, as well as credit card services, leasing financing, import/export trade, asset-backed lending, agricultural financ

What Benefits Does US Bancorp Offer Beyond Salary?

A competitive compensation package is more than just a salary. US Bancorp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at US Bancorp?
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at US Bancorp.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from US Bancorp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of US Bancorp salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of US Bancorp

1. What is the typical salary range (low to high) for most roles at US Bancorp?

The typical salary range for most roles at US Bancorp is approximately from $56 to $73 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does US Bancorp pay compared to JP Morgan India Private Ltd?

The average annual salary at US Bancorp is $133,991, or an hourly wage of $64, in comparison to JP Morgan India Private Ltd which pays $136,122 per year or $65 per hour.

3. Do salaries differ significantly between departments at US Bancorp?

Yes, salaries often differ between departments at US Bancorp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at US Bancorp?

Experience level is a significant factor in determining salary at US Bancorp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from US Bancorp in Minneapolis is fair given the local cost of living?

To determine if a salary offer from US Bancorp in Minneapolis is fair, first compare the gross salary to our data for similar roles at US Bancorp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

6. Are the salaries listed for US Bancorp on Salary.com pre-tax or after-tax?

All salary figures displayed for US Bancorp, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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