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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	October 17, 2006
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  	U.S. Bancorp
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	1-6880
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  	41-0255900
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	800 Nicollet Mall, Minneapolis, Minnesota
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  	&nbsp;
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  	55402
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	651-466-3000
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
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  On October 17, 2006, U.S. Bancorp's Board of Directors appointed Olivia F. Kirtley to the Board of Directors, effective immediately.  The Board of Directors increased the size of the Board to fourteen directors, with Class III being increased from four directors to five directors, and appointed Ms. Kirtley as a Class III director to fill the vacancy so created.  Ms. Kirtley will serve as a member of the Governance and the Audit Committees of the Board of Directors.  Ms. Kirtley's compensation for her service as a director will be consistent with that of the company's other non-employee directors, as described in the company's definitive proxy statement filed with the Securities and Exchange Commission on March 8, 2006, except that for 2006 she will receive a pro rata portion of the annual retainer and restricted stock unit and option grants based on the number of months in which she serves as a director in 2006.<br><br>A copy of the press release issued by the Company on October 17, 2006, announcing Ms. Kirtley's appointment to the Board of Directors is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
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  	Item 9.01 Financial Statements and Exhibits.
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  Press release dated October 17, 2006.
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	U.S. Bancorp
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  	&nbsp;&nbsp;
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  <I>
  	October 18, 2006
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  	&nbsp;
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  	By:
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  <I>
  	Lee R. Mitau
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  	&nbsp;
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  <I>
  	Name: Lee R. Mitau
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  <I>
  	Title: Executive Vice President, General Counsel and Corporate Secretary
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	99.1
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  	&nbsp;
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  Press release dated October 17, 2006.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_15627.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10896}]
metadata_filer: {"company-data": {"conformed-name": "US BANCORP \\DE\\", "cik": "0000036104", "assigned-sic": "6021", "irs-number": "410255900", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06880", "film-number": "061151469"}, "business-address": {"street1": "U.S.BANCORP", "street2": "800 NICOLLET MALL", "city": "MINNEAPOLIS", "state": "MN", "zip": "55402", "phone": "(651)466-3000"}, "mail-address": {"street1": "U.S.BANCORP", "street2": "800 NICOLLET MALL", "city": "MINNEAPOLIS", "state": "MN", "zip": "55402"}, "former-company": [{"former-conformed-name": "FIRST BANK SYSTEM INC", "date-changed": "19920703"}, {"former-conformed-name": "FIRST BANK STOCK CORP", "date-changed": "19720317"}]}
text: U.S. Bancorp (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  October 17, 2006
  U.S. Bancorp
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  1-6880
  41-0255900
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  800 Nicollet Mall, Minneapolis, Minnesota
  55402
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  651-466-3000
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
  On October 17, 2006, U.S. Bancorp's Board of Directors appointed Olivia F. Kirtley to the Board of Directors, effective immediately.  The Board of Directors increased the size of the Board to fourteen directors, with Class III being increased from four directors to five directors, and appointed Ms. Kirtley as a Class III director to fill the vacancy so created.  Ms. Kirtley will serve as a member of the Governance and the Audit Committees of the Board of Directors.  Ms. Kirtley's compensation for her service as a director will be consistent with that of the company's other non-employee directors, as described in the company's definitive proxy statement filed with the Securities and Exchange Commission on March 8, 2006, except that for 2006 she will receive a pro rata portion of the annual retainer and restricted stock unit and option grants based on the number of months in which she serves as a director in 2006.
  A copy of the press release issued by the Company on October 17, 2006, announcing Ms. Kirtley's appointment to the Board of Directors is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
  Item 9.01 Financial Statements and Exhibits.
  Press release dated October 17, 2006.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  U.S. Bancorp
  October 18, 2006
  By:
  Lee R. Mitau
  Name: Lee R. Mitau
  Title: Executive Vice President, General Counsel and Corporate Secretary
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press release dated October 17, 2006.