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<edgarSubmission xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:com="http://www.sec.gov/edgar/common"> |
| <headerData> |
| | <submissionType> 13F-HR </submissionType> |
| | <filerInfo> |
| | | <liveTestFlag> LIVE </liveTestFlag> |
| | | <flags> |
| <confirmingCopyFlag> false </confirmingCopyFlag> |
| <returnCopyFlag> true </returnCopyFlag> |
| <overrideInternetFlag> false </overrideInternetFlag> |
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| | | <filer> |
| <credentials> |
| <cik> 0000036104 </cik> |
| <ccc> XXXXXXXX </ccc> |
| </credentials> |
| </filer> |
| | | <periodOfReport> 09-30-2016 </periodOfReport> |
| | | </filerInfo> |
| | </headerData> |
| <formData> |
| | <coverPage> |
| | | <reportCalendarOrQuarter> 09-30-2016 </reportCalendarOrQuarter> |
| | | <filingManager> |
| <name> US BANCORP \DE\ </name> |
| <address> |
| <com:street1> U.S. BANCORP </com:street1> |
| <com:street2> 800 NICOLLET MALL </com:street2> |
| <com:city> MINNEAPOLIS </com:city> |
| <com:stateOrCountry> MN </com:stateOrCountry> |
| <com:zipCode> 55402-7020 </com:zipCode> |
| </address> |
| </filingManager> |
| | | <reportType> 13F HOLDINGS REPORT </reportType> |
| | | <form13FFileNumber> 028-00551 </form13FFileNumber> |
| | | <provideInfoForInstruction5> N </provideInfoForInstruction5> |
| | | </coverPage> |
| | <signatureBlock> |
| | | <name> Julie von Arx </name> |
| | | <title> Assistant Vice President </title> |
| | | <phone> 651-605-8656 </phone> |
| | | <signature> Julie von Arx </signature> |
| | | <city> Minneapolis </city> |
| | | <stateOrCountry> MN </stateOrCountry> |
| | | <signatureDate> 11-04-2016 </signatureDate> |
| | | </signatureBlock> |
| | <summaryPage> |
| | | <otherIncludedManagersCount> 2 </otherIncludedManagersCount> |
| | | <tableEntryTotal> 6331 </tableEntryTotal> |
| | | <tableValueTotal> 26978796 </tableValueTotal> |
| | | <isConfidentialOmitted> false </isConfidentialOmitted> |
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| <sequenceNumber> 1 </sequenceNumber> |
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| <cik> 0000830013 </cik> |
| <name> US BANK NATIONAL ASSOCIATION </name> |
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| <sequenceNumber> 5 </sequenceNumber> |
| <otherManager> |
| <cik> 0000786393 </cik> |
| <name> U.S. BANCORP INVESTMENTS, INC. </name> |
| </otherManager> |
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| </otherManagers2Info> |
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