Material Event Form 8 K

On September 19, 2024, U.S. Bancorp (the "Company") agreed to issue $10,000,000 of its Senior Medium-Term Notes, Series CC Callable Fixed Rate Notes due September 20, 2029 (the "Notes due 2029"), pursuant to the Company's medium-term note program pursuant to which the Company may issue from time to time its Medium-Term Notes, Series CC (Senior) (the "Series CC Notes"), and Medium-Term Notes, Series DD (Subordinated) (the "Series DD Notes" and, together with the Series CC Notes, the "Notes").

The offering of the Notes due 2029 and the Notes has been registered under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3(File No. 333-270467).

Filed as Exhibit 5.1 to this Form 8-K is a legal opinion with respect to the issuance of the Notes due 2029 as well as future issuances of the Notes.