U.S. Bank, National Association, ND is a North Dakota based bank that is part of a family of financial services firms with similar names. It is an issuer of credit cards, which include private label cards.
Defaulted accounts are sold to debt buyers such as CACH, LLC and Converging Capital LLC, which sue on such accounts in Texas. Among the attorneys handling such accounts are Richard E. Clark; Jody D. Jenkins, and Dan G. Young.
EXCERPTS FROM A US BANK NA CARD MEMBER AGREEMENT (2008)
Choice of Law Clause: North Dakota
Reservation of Rights clause with respect to future amendments of terms
Default provision - Defined events of default: The obvious one (nonpayment) and some rather vague and subjective ones
Delinquency Interest: Contractual authorization of penalty pricing
ADDRESSES incl. PAYMENT ADDRESS FOR US BANK CARDS:
P.O. Box 790408
St. Louis, MO 63179-0408
U.S. Bank National Association ND
P. O. Box 2066
Milwaukee, WI 53201-2066
OCC LISTING FOR US BANK AND SIMILARLY-NAMED NATIONAL BANKS