State Street Bank and Trust Company is headquartered in Boston, Massachusetts. It is a state-chartered bank and member of the Federal Reserve System, established 01/01/1792 and insured by the FDIC since 01/01/1934. At the 06/30/2026 reporting date it held $413 billion in assets and $326 billion in deposits across 3 offices.
Size
By total assets it ranks #12 of 4,213 active FDIC-insured banks in the United States. Among the 89 FDIC-insured banks headquartered in Massachusetts it ranks #1.
Capital and earnings
| Equity capital | $29.2 billion (7.1% of assets) |
|---|---|
| Net income, year to date | $1.9 billion through 06/30/2026 |
| Return on assets (annualized) | 0.97% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. State Street Bank and Trust Company holds FDIC certificate number 14. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in Massachusetts
- Eastern Bank, $31.1 billion in assets
- Rockland Trust Company, $25.0 billion in assets
- Beacon Bank and Trust, $22.2 billion in assets
- Salem Five Cents Savings Bank, $8.8 billion in assets
- Needham Bank, $7.4 billion in assets
- Cambridge Savings Bank, $7.0 billion in assets
Banks of a similar size
- The Bank of New York Mellon, #10, $425 billion in assets
- Morgan Stanley Bank, National Association, #11, $419 billion in assets
- TD Bank, National Association, #13, $343 billion in assets
- Fifth Third Bank, National Association, #14, $299 billion in assets
Related
- Credit unions in Massachusetts
- Top mortgage lenders in Massachusetts
- Massachusetts property tax, home prices and banks
- All large US banks
- Compared savings accounts
This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. statestreet.com