Custodial Banking Partners
While each one of our preferred custodial banking partners has its own management style, product portfolio and investment strategy, they all share an important set of characteristics. They all maintain a solid financial standing in the critical areas of liquidity, asset quality, capital and earnings. Their systems and procedures work seamlessly with ours, helping to create transactional efficiencies, along with effective measures of oversight.
Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A. and Capital One Bank (USA), N. A., had $114.5 billion in deposits and $209.7 billion in total managed assets outstanding as of September 30, 2009. A Fortune 500 company, Capital One has one of the most widely recognized brands in America. As one of the nation’s top 10 largest banks based on deposits, Capital One serves banking customers through approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.
Found in more than 100 countries, Citibank delivers a wide array of banking, lending and investment services to individual consumers, as well as to small businesses with up to $10 million in annual sales. We also offer a full range of financial services products to serve the needs of small and large corporations, governments, and institutional and individual investors.
East West Bancorp is a publicly owned company with $21.1 billion in assets and is traded on the Nasdaq Global Select Market under the symbol “EWBC”. The Company’s wholly owned subsidiary, East West Bank, is one of the largest independent commercial banks headquartered in California with over 130 locations worldwide, including the U.S. markets of California, New York, Georgia, Massachusetts, Texas and Washington. In Greater China, East West’s presence includes a full service branch in Hong Kong and representative offices in Beijing, Shanghai, Shenzhen and Taipei. Through a wholly-owned subsidiary bank, East West’s presence in Greater China also includes full service branches in Shanghai and Shantou and a representative office in Guangzhou.
SunTrust Banks, Inc., with total assets of $172.7 billion on September 30, 2009, is one of the nation’s largest and strongest financial holding companies. Through its banking subsidiaries, the company provides deposit, credit, trust, and investment services to a broad range of retail, business, and institutional clients. Other subsidiaries provide mortgage banking, brokerage, investment management, equipment leasing, and capital market services.
Texas Capital Bank, the principal subsidiary of Texas Capital Bancshares (NASDAQ: TCBI), is a commercial bank that delivers highly personalized financial services to Texas-based businesses with more than $5 million in annual revenue.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $308 billion in assets, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,069 banking offices, 5,310 ATMs in 25 states, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
