State Street Announces $100 Million Program for Minority Depository Institutions and Community Development Financial Institutions - Seite 2

Click here to learn more about the ways in which State Street has continued to advance this mission.

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $41.8 trillion in assets under custody and/or administration and $4.1 trillion* in assets under management as of December 31, 2023, State Street operates globally in more than 100 geographic markets and employs approximately 46,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of December 31, 2023, includes approximately $64 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

About Optus Bank

Established in 1921 by visionary and courageous African Americans, Optus Bank is on a mission to empower our customers and communities to build lasting wealth and live better financial lives. Optus Bank is federally designated Minority Depository Institution and a U.S. Treasury certified Community Development Financial Institution with $530 million in assets and thousands of customers across the U.S. served by mission driven bankers and digital banking solutions.

About M&F Bank

Founded in 1907 in North Carolina, M&F Bank is the second-oldest minority-owned bank in the United States. The bank is located in the five largest markets in North Carolina. With $428.8 million in total assets, M&F Bank is the eighth-largest African American owned financial institution in the United States and the only MDI in North Carolina to receive the CDFI designation and SBA 7(a) preferred lender status. The bank has established partnerships with three national banks to allow its customers to access 44,000 ATMs nationwide for free. The bank’s mission is to promote personal and community development by providing capital to small- and medium-sized businesses in its local communities.