US BANCORP \DE\
11-K, 2000-07-13
NATIONAL COMMERCIAL BANKS
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                   -------------------------------------------



                                    FORM 11-K




         [X]    ANNUAL REPORT  PURSUANT TO SECTION 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934



                   For the fiscal year ended December 31, 1999






                                       OR






         [ ]    TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934



                 For the transition period from (not applicable)

                          Commission file number 1-6880







                           WESTERN BANCORP 401(k) PLAN
                                 U.S. BANK PLACE
                             601 SECOND AVENUE SOUTH
                        MINNEAPOLIS, MINNESOTA 55402-4302
              (Full title of the plan and the address of the plan)







                                  U.S. BANCORP
                                 U.S. BANK PLACE
                             601 SECOND AVENUE SOUTH
                        MINNEAPOLIS, MINNESOTA 55402-4302
                (Name and address of principal executive offices
                        of the issuer of the securities)







<PAGE>   2






                              REQUIRED INFORMATION




Western Bancorp 401(k) Plan ("the Plan"), is subject to the Employee Retirement
Income Security act of 1974 ("ERISA"). Therefore, in lieu of the requirements of
Items 1-3 of Form 11-K, the financial statements and schedules of the Plan for
the two years ended December 31, 1999 and 1998, which have been prepared in
accordance with the financial reporting requirements of ERISA, are attached
hereto as Exhibit 13 and incorporated herein by this reference.

The following exhibits are filed with this report:



Exhibit Number      Description                                             Page

      13            Annual Report for the year ended December 31, 1999







                                    SIGNATURE




Pursuant to the requirements of the Securities and Exchange Act of 1934, the
trustees have duly caused this annual report to be signed on its behalf by the
undersigned hereunto duly authorized.


WESTERN BANCORP 401(k) PLAN

By:    U.S. Bancorp 401(k) Savings Plan Benefit Administration Committee




      /s/ GEORGE BUDZYNSKI
_________________________________________                     July 13, 2000
George Budzynski
Benefit Administration Committee Chairman




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