Saturday, December 12, 2009

Final Post

I do work for the company I have been blogging about, and they have been good to me. US Bank has paid for the majority of my education. I have a job that I love, which continually challenges me, and provides a great deal of flexibility for my family and myself.

Had I invested $100 at the beginning of the semester, and I were to sell today, I would have earned about $4. Considering what has been happening in the financial industry and the economy lately, just the fact that the stock price has stayed strong, even increased, is pretty amazing.

Tuesday, December 1, 2009

US Bank plans to sell newly acquired branches

According to a recent U.S. Bank press release:


U.S. National Association announced Tuesday, November 25, 2009, that it was seeking buyers for the three Texas banks, Citizens National Bank of Teague, Madisonville State Bank of Madisonville, and North Houston Bank of Houston, acquired from the FDIC October 30, 2009. The three banks were a part of the acquisition of the banking subsidiaries of FBOP Corporation of Oak Park, Illinois. These three banks were acquired along with six other banks in California, Illinois, ans Arizona, which will remain a part of U.S. Bank. After these three banks are sold, US Bank will have no retail locations in Texas. The sales are expected to be completed early in the second quarter of 2010.

US Bank Stock Price

Stock Quote

USB (Common Stock)
Price 24.33 Change + 0.20
Volume 9,626,910 % Change 0.83%
Intraday High 24.44 52 Week High 29.90
Intraday Low 23.86 52 Week Low 8.06
Today's Open 24.26 Currency US Dollar
Previous Close 24.13 Exchange NYSE

12/01/09 2:28 p.m. ET Pricing delayed 20 minutes