State Street Announces Three Additional Bank Partnerships to Support Minority Depository Institutions and Community Development Financial Institutions
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Business Wire
Latest placements mark the completion of the firm’s $100 million initiative that launched earlier in 2024 BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has placed an additional round of deposits through three Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs), Liberty Bank, Native American Bank and Sunrise Banks. These placements also mark the completion of the firm’s $100 million initiative that launched earlier in 2024 and designed to expand access to financial services through MDIs and CDFIs.“Today marks a significant milestone in our commitment to foster economic inclusion and drive positive change in communities across the US,” said Kimberly DeTrask, executive vice president and treasurer at State Street. “We are pleased to welcome three new partner banks to our MDI and CDFI initiative, and to meet our $100 million investment target. State Street is proud to continue to leverage its resources
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STT
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- 11/26/24 - Form 4
- 11/26/24 - Form 4
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