U.S. Bancorp is a holding company of the Union Savings Bank. Union Savings Bank is a state-chartered savings association that provides personalized financial services in Cincinnati. Its banking services include personal and commercial checking and savings accounts, certificates of deposit, money market accounts and a full range of mortgage loan products. Its lending staff assists in financing new homes. Its other services include passbook savings accounts, premium passbook savings accounts, American Express travelers cheques, the Christmas club, direct deposit service, money orders, notary public services, safe deposit boxes and Visa check cards. It offers mortgage loan products, such as balloon, construction, building lot, blanket, fixed-rate, jumbo and home equity loans. Founded in 1904, it operates nearly 20 full-service savings branches in Cincinnati, Dayton and Columbus, Ohio, and Indianapolis.