U.S. Bancorp is replacing paper and microfiche with optical disk technology for storing reports, a project bank officials say will cut costs, provide quicker access to data, and improve information management.

Portland, Ore.-based U.S. Bank, with more than $21 billion in assets, is using a Filetek Inc. optical storage system - a computer server attached to the bank's mainframe - that lets users working on dumb terminals and personal computers view reports on their screens.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.