The board of directors of U.S. Bancorp (NYSE: USB) has declared a quarterly dividend of $0.05 per common share, payable April 15, 2010, to shareholders of record at the close of business on March 31, 2010. At this quarterly dividend rate, the annual dividend is equivalent to $0.20 per common share.
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by Larry Etter
U.S. Bank has launched an enhanced cash vault service called Advanced Cash
Credit and Notification solutions. The new solutions include Remote Cash Deposit
and the DTS® Tracking System. Both services help companies streamline their cash
handling needs, provide additional information regarding their deposits, reduce
cost and mitigate risk.
Remote Cash Deposit is designed to mitigate the risk of fraud and reduce labor
expense associated with cash handling, while also increasing staff safety and
productivity.
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by Larry Etter
U.S. Bank is launching Deposit Express, a remote deposit capture offering specifically designed to meet the unique banking needs of small businesses. Deposit Express allows small businesses to scan and deposit checks to their U.S.
Bank account from the convenience of their office, using a PC and a desktop
scanner.
This expands U.S. Bank's existing suite of remote deposit products.
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by Larry Etter
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