Complete systems conversion and bank merger
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 4 Nov 2022
- Due
- 30 Jun 2023
- Delivered
- 26 May 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Anticipated systems conversion and bank merger in the first half of 2023”
What we found
Evidence strength A What the grades mean
The company successfully completed the merger of MUFG Union Bank, N.A. into U.S. Bank National Association on May 26, 2023, which falls within the first half of 2023.
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A US Bancorp 10-Q filed 2023-08-07
“On May 26, 2023, the Company merged MUB into U.S. Bank National Association (“USBNA”), the Company’s primary banking subsidiary.” ✓ confirmed on the page
Market reaction: the shares moved -0.3% against the S&P 500 over the three sessions around the disclosure (4 Aug 2023 to 9 Aug 2023). What this measures
Checked 3 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Merger
- Indicative materiality
- Transformational rules
- Action
- Complete
- Deliverable
- systems conversion and bank merger
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- Medium
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-USB-004549 · Corrections policy