Elizabeth Hund to Lead U.S. Bank's Food and Agribusiness Group

Timothy Somers, executive vice president and manager of U.S.Bank's Specialized Industries Division, made the announcement, adding,"Lizz is a seasoned agricultural finance veteran who has broadexperience with a variety of clients from production agriculture toglobal agribusinesses. She has the knowledge and drive to lead ourteam in assisting customers to grow to their fullest potential withour loan, investment management and capital market services."

Hund, who has more than 25 years of agribusiness lendingexperience, most recently worked as managing director and producesector head for Rabobank International in San Francisco, CA, where shewas responsible for all marketing, credit, compliance, administrationand budgeting in the western region.

Before that she worked in Denver for CoBank, National Bank forCooperatives, where she was senior relationship manager, and ColemanNatural Meats, as chief financial officer. Prior to that, she workedas vice president of agribusiness at Colorado National Bank, which hassince been acquired by U.S. Bank.

Hund received a masters degree in business administration with anemphasis in finance from the University of Colorado in Boulder, and abachelor of science degree in agriculture, with an emphasis in animalscience and industry, from Kansas State University in Manhattan, KS.She is a fellow of the California Ag Leadership Program, and agraduate of the Agribusiness Executive Management Program at HarvardUniversity

Active in the national ag community, Hund is a member of the USDAmarketing advisory board, on the board of Slow Food USA, and a memberof the Farm Foundation. She also serves on the Dean's Advisory Councilfor the College of Ag & Environmental Sciences at the University ofCalifornia at Davis and on the Dean's Advisory Council for the Collegeof Agriculture at Kansas State University.

U.S. Bancorp (NYSE:USB), with assets of $213 billion, is thesixth-largest financial holding company in the United States. Thecompany operates 2,434 banking offices and 4,966 ATMs, and provides acomprehensive line of banking, brokerage, insurance, investment,mortgage, trust and payment services products to consumers, businessesand institutions. U.S. Bancorp is the parent company of U.S. Bank.Visit U.S. Bancorp on the web at www.usbank.com.