Is State Street a US bank?

Written by Editorial Team | Last Updated: August 2026

State Street Corporation is a quintessential United States financial enterprise headquartered in Boston, Massachusetts. Its primary banking subsidiary, State Street Bank and Trust Company, holds a chartered commercial bank status regulated by federal and state banking authorities in the United States. As a cornerstone of the American financial system, it operates globally while maintaining its primary regulatory roots and corporate domicile firmly within the United States.

Related FAQs

State Street Corporation is an iconic financial services holding company and global custodian bank that provides institutional asset management, investment servicing, trading, and research solutions to the world's most sophisticated institutional inv...

State Street Bank and Trust Company is the primary banking subsidiary of State Street Corporation, an American financial services holding company headquartered in Boston, Massachusetts.

State Street Corporation is widely classified and regulated as a bank holding company, operating its principal subsidiary, State Street Bank and Trust Company, under formal banking charters.

State Street Bank and Trust Company is an entirely legitimate, systemically important financial institution subject to rigorous regulatory oversight by the Federal Reserve, the Federal Deposit Insurance Corporation, and other major international fina...