US Bancorp Salary

As of April 2026, the average annual salary for employees at US Bancorp in the United States is $133,991. This translates to an approximate hourly wage of $64. Salaries at US Bancorp typically range from $117,137 to $152,534 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at US Bancorp

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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 $136,122
+1.6%
Suggests JP Morgan India Private Ltd utilizes a highly similar base-plus-benefits compensation model.
Transform SR Brands LLC $132,557
-1.1%
Indicates identical technical requirements and experience levels between the two firms.
SF Holdings LLC $134,687
+0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Habib American Bank $152,935
+14.1%
Reflects a supply-demand imbalance for the specific talent Habib American Bank targets.
Financial Services Industry $121,514
-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.

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.
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 ...
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.
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.

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)
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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 average salary for employees at US Bancorp?

The average annual total compensation for employees at US Bancorp is approximately $133,991. However, this is an aggregate figure, actual salaries can range significantly, typically from $117,137 to $152,534, depending on factors like job role, experience, 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. What is the lowest salary at US Bancorp?

The lowest-paying job at US Bancorp is a Vice President, Research with a salary of $415,061 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at US Bancorp?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at US Bancorp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does US Bancorp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially US Bancorp, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at US Bancorp?

Most companies, likely including US Bancorp, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.