Top 5 Bank Companies To Buy For 2015

Top 5 Bank Companies To Buy For 2015: U.S. Bancorp(US B)

U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. It generates various deposit products, including checking accounts, savings accounts, money market savings, and time certificates of deposit accounts. The company originates a portfolio of loans comprising commercial loans and lease financing; commercial real estate; residential mortgage; and retail loans consisting of credit cards, retail leasing, home equity and second mortgages, and other retail loans. It also offers wholesale lending, equipment finance, small-ticket leasing, depository, treasury management, capital markets, foreign exchange, and international trade services to middle market, large corporate, commercial real estate, and public sector clients. In addition, U.S. Bancorp provides telebanking and automated teller machine (ATM) services, as well as cash management services. The company, through other subsidiaries, provides trust, private banking, financial advisory, investment management, retail brokerage services, insurance, and custody and fund services; and payment services, including consumer and business credit cards, stored-value cards, debit cards, corporate and purchasing card services, consumer lines of credit, and merchant processing. U.S. Bancorp primarily serves individuals, estates, foundations, business corporations, and charitable organizations. It operates a network of approximately 3,031 banking offices and 5,310 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Advisors' Opinion:

• [By Jay Jenkins]

  The Consumer Financial Protection Bureau recentlyorderedU.S. Bancorp (NYSE: USB  ) and its partner Dealers' Financial Services (DFS) to return $6.5 million to military service members. The CFPB uncovered unfair marketing practices and fees designed and implemented by DFS.

• [By CRWE]

  U! .S. Bancorp (NYSE:USB) will release its second quarter 2012 earnings before the market opens on Wednesday, July 18, 2012. At 8:30 a.m. (CDT) Richard K. Davis, chairman, president and chief executive officer, and Andrew Cecere, vice chairman and chief financial officer, will host a conference call to review the financial results.

• [By Matt Koppenheffer]

  Wells Fargo (NYSE: WFC  ) is widely seen as the king of cross selling and proudly states on its website that "our average retail banking household has about six products with us." It's looking to get that number to eight "and beyond." Bank of America (NYSE: BAC  ) has hit some speed bumps with its cross-selling push, but it's pushing nonetheless. And online job postings from U.S. Bancorp (NYSE: USB  ) stress the function of "identifying cross-sell opportunities with customers and making appropriate referrals." Talk to essentially any bank, and you'll likely hear the same.

• [By Jessica Alling]

  US Bancorp (NYSE: USB  ) is looking beyond check deposits, with the hopes of developing voice recognition software for its mobile app -- upping the convenience factor yet again. But USB isn't thinking only of the customers, as the bank has initiated a 50-cent fee for each mobile check deposit. This new fee would be a big boon for the banks (as long as customers don't revolt), since the average cost of processing a check via mobile apps is only 10 cents, according to Javelin Strategy & Research, a California-based company that rates banks on their mobile apps.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-bank-companies-to-buy-for-2015.html