U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States.
U.S. Bank savings and money market accounts can give you a safe place to keep your savings in an FDIC-insured institution, with convenient access to your U.S. Bank checking account or other accounts. But if you want higher yields on your savings, you may want to consider a higher-yielding online savings account, money market account or CD.
The is U.S. Bank Standard Savings Account the only U.S. Bank savings account offered and could be a decent option if you can waive the monthly service fee. This savings account has a $4 monthly service fee but it's possible to waive it if you meet certain age requirements or fulfill specific actions each month.
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