---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-257548"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:53:49.866707+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fed releases U.S. Bancorp from post-MUFG Category II regulatory commitments

## Summary
- Federal Reserve notified USB on Oct 16, 2023 it is released from two commitments tied to Dec 2022 MUFG Union Bank acquisition.
- USB no longer required to meet Category II requirements by Dec 31, 2024 or submit quarterly implementation plans.
- USB will continue to be treated as Category III bank under Tailoring Rules, reducing regulatory burden.
- Previous commitments stemmed from assets >$700B or cross-jurisdictional activities >$75B threshold.

## SEC filing metadata
- accession: 0001193125-23-257548
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312523257548/0001193125-23-257548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312523257548/d545013d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-257548
- JSON: https://secwatch.observer/filing/0001193125-23-257548.json
- Plain text: https://secwatch.observer/filing/0001193125-23-257548.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.