About State Street Bank and Trust Company
State Street Bank and Trust Company manages $287+ Billion in bank assets. Headquartered in Boston, MA, State Street specializes in institutional investment servicing, foreign exchange, securities lending, and SPDR ETF fund management.
Financial Scale and Asset Performance
According to recent FDIC call report data, State Street Bank and Trust Company holds $287,069 Million in total consolidated assets, ranking it #12 out of more than 2,000 insured commercial banking institutions in the United States. Of its total holdings, $205,426 Million represent domestic U.S. deposits and investments, representing approximately 72% of its total balance sheet.
Branch Network & Regulatory Oversight
The bank currently maintains a domestic network of 2 retail banking centers across the United States. Under its SMB charter classification, State Street Bank and Trust Company is subject to primary supervisory examination by the Federal Reserve Board (FRB) alongside FDIC insurance coverage for eligible deposit accounts up to $250,000 per depositor.
Key Profile Summary: State Street
- Official Legal Name: STATE STREET B&TC/STATE STREET CORP
- National Asset Rank: #12
- Parent Holding Co: STATE STREET CORP
- Primary Regulator: Federal Reserve Board (FRB)
- Official Website: https://www.statestreet.com