United States · Credit institution
State Street Bank and Trust Company
State Street Bank and Trust Company is a trust company chartered in Massachusetts and headquartered in Boston. It is a member of the Federal Reserve System. It is the principal banking subsidiary of State Street Corporation, which owns it outright. The bank describes itself as a specialised trust or custody bank that services and manages assets for institutional clients. It traces its origins to Union Bank, founded in 1792, and has used its present name since 1960.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the FSB G-SIB list (see Regulatory status): that is a designation, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
FSB · global systemically important banks
2025 list
- G-SIB
- State Street
- Relation
- Main operating bank of a G-SIBThe G-SIB group’s principal bank, as identified by Elucidate from the FSB list and GLEIF.
- Bucket
- 1 of 5 · extra capital buffer 1.0% of risk-weighted assets
- On the list since
- 2011
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SBOSUS33XXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under SBOSUS33 directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 12 branch codes
- BIC first registered
- 1977-09-26
- Last updated
- 2026-06-22
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% State Street Corporation
Institution type
Commercial bank
Trades as State Street
- Ownership
- State Street Corporation, a bank holding company listed on the New York Stock Exchange, holds 100% of the bank.
- Direct parent
- State Street Corporation ↗, United States 100%
- Head office
- One Congress Street, 02114-2016 Boston, United States (registered office: 155 Federal Street, Suite 700, Boston 02110, US (legal address in the GLEIF LEI record))
- Company register
- FDIC certificate 14; Federal Reserve RSSD ID 35301
- Former names
- Second Bank-State Street Trust Company · State Street Trust Company
Business lines
According to the group's resolution plan, the bank is State Street's central location for payment, clearing and settlement, and its central liquidity hub. It provides custody, fund administration, foreign exchange and securities lending services to institutional clients.
Online
- Websites & references
- statestreet.com ↗
investors.statestreet.com ↗ investor relations (group)
newsroom.statestreet.com ↗ newsroom (group)
ssga.com ↗ State Street Investment Management (group asset management)
Wikipedia ↗ group article
Wikidata Q7603549 ↗ - Official social accounts
- None found
Sources · 12 pages consulted
- ffiec.gov/npw/Institution/Profile/35301?dt=20151231
- statestreet.com
- statestreet.com/content/statestreet/us/en/contactus
- statestreet.com/jp/en/about/our-people/leadership
- investors.statestreet.com/corporate-governance/board-of-directors/default.aspx
- newsroom.statestreet.com/overview/default.aspx
- ofac.treasury.gov/recent-actions/20240726
- s203.q4cdn.com/888565246/files/doc_financials/2025/q4/STT-2025-12-31-10-K-final-with-exhibits.pdf
- sec.gov/Archives/edgar/data/93751/000114036126013817/ny20058931x1_def14a.htm
- fdic.gov/system/files/2024-07/statestreet-idi-1407.pdf
- usbanklocations.com/state-street-bank-and-trust-company-14.shtml
- fxnewsgroup.com/forex-news/institutional/state-street-completes-transfer-of-mizuho-financial-groups-globa
Leadership
Researched 29 Sep 2026 · Sources
- Chair & chief executive
-
Ronald P. O'Hanley
Chairman and Chief Executive Officer (State Street); director of State Street Bank and Trust Company
- Chief financial officer
-
John Woods
Executive Vice President, Chief Financial Officer
- Executive
-
W. Bradford Hu
Executive Vice President and Chief Risk Officer
- Executive
-
Beth Rudofker
Executive Vice President, Chief Compliance and Operational Risk Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United States
- Board of Governors of the Federal Reserve System Prudential supervisorCentral bankAML supervisor
- United States
- Massachusetts Division of Banks Prudential supervisor
- United States
- Federal Deposit Insurance Corporation Resolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
State Street Corporation completed the transfer of Mizuho Financial Group's global custody and related businesses outside Japan.
fxnewsgroup.com ↗ -
Enforcement
OFAC announced a USD 7,452,501 settlement with the bank for 38 apparent Ukraine-/Russia-related sanctions violations by its subsidiary Charles River Systems.
ofac.treasury.gov ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- SBOSUS33XXX
- How the BIC breaks down
- SBOSBank
- USCountry · United States
- 33Location
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 571474TGEMMWANRLN572
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
- Regulation
- Prudentially supervised (FSB G-SIB list)Prudentially supervised, according to the FSB 2025 G-SIB list. This is a designation, not a licence on a tracked register.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United States · North America
- FSB G-SIB list
- Bucket 1 of 5 list of 2025
- Trading venues (MIC)
- Operates 2 MICs list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- State Street Corporation · United States549300ZFEEJ2IP5VME73 ↗
- FSB G-SIB list
- Main operating bank of a G-SIB · State Street bucket 1 · 2025 listThe G-SIB group’s principal bank, as identified by Elucidate from the FSB list and GLEIF.
The State Street Corporation group has 37 institutions in the directory, in 19 countries: 36 hold a BIC and 1 does not.
Including State Street Bank International GMBH, State Street Bank and Trust Company, State Street Bank International GMBH, State Street Bank and Trust Company, State Street Bank and Trust Company.
See the State Street Corporation group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- ONE CONGRESS STREET BOSTON 02114 UNITED STATES OF AMERICA
- Operational address
- ONE CONGRESS STREET BOSTON,MA BOSTON,MA 02114 POB 5501 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SBOSUS33XXX</BICFI>
<LEI>571474TGEMMWANRLN572</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>SBOSUS33XXX</BICFI>
<LEI>571474TGEMMWANRLN572</LEI>
<Nm>STATE STREET BANK AND TRUST COMPANY</Nm>
<PstlAdr>
<TwnNm>BOSTON</TwnNm>
<Ctry>US</Ctry>
<AdrLine>ONE CONGRESS STREET BOSTON 02114</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Market identifiers
2 trading venues and reporting services run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
|---|---|---|---|
| SSBT | STATE STREET BANK AND TRUST COMPANYSSBTCO | Operating MIC | Not specified |
| SSFX | STATE STREET BANK AND TRUST FXSSBTCO | Segment of SSBT | Systematic internaliser |
Network
Branch network
All 12 branch BICs connect to the head office. Most were registered in 2025–2026 (4 BICs) and 2021–2024 (3).
All 12 branch BICs connect to the head office, spread across 2 functions. Largest: Securities & custody (3), Treasury & markets (2).
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| SBOSUS33CAD | — | Boston | ONE LINCOLN STREET BOSTON,MA BOSTON,MA 02111 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33CVR | CVR COLLINE | Boston | ONE LINCOLN STREET BOSTON,MA BOSTON,MA 02111 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33EQS | GLOBAL MARKET | Boston | ONE CONGRESS STREET BOSTON,MA BOSTON,MA 02114 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33FCB | — | Boston | ONE LINCOLN STREET BOSTON,MA BOSTON,MA 02111 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33GSL | SECURITIES FINANCE DIVISION | Boston | 2 INTERNATIONAL PLACE BOSTON,MA BOSTON,MA 02110 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33SEC | STATE STREET GLOBAL MARKETS,LLC | Boston | BOSTON,MA BOSTON,MA UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33SPD | SECURITIES PRINCIPAL DATAMART | Boston | ONE CONGRESS STREET BOSTON,MA BOSTON,MA 02114 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33SPM | STATE STREET PRIME MERIDIAN | Boston | 225 FRANKLIN STREET BOSTON,MA BOSTON,MA 02110 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33STC | ENHANCED CUSTODY SSTC | Boston | 1 LINCOLN STREET BOSTON,MA BOSTON,MA UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33TPA | TRI PARTY AGENCY | Boston | ONE LINCOLN STREET BOSTON,MA BOSTON,MA 02111 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33TRP | — | Boston | ONE CONGRESS STREET BOSTON,MA BOSTON,MA 02114 POB 5501 UNITED STATES OF AMERICA | — | 2026-06-22 |
| SBOSUS33WRE | — | Boston | BOSTON,MA BOSTON,MA UNITED STATES OF AMERICA | — | 2026-06-22 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: statestreet.com (official website) · original; Ronald P. O'Hanley: statestreet.com (official website) · original; John Woods: statestreet.com (official website) · original; W. Bradford Hu: statestreet.com (official website) · original; Beth Rudofker: statestreet.com (official website) · original.
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