State Street Announces $100 Million Program for Minority Depository Institutions and Community Development Financial Institutions
State Street(STT) Businesswire·2024-02-29 12:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a $100 million program to provide low-cost, stable deposit funding to minority depository institutions (MDIs)1 and Community Development Financial Institutions (CDFIs)2, to support the firms’ collective missions of addressing inequities in our communities by working toward a more just and equitable future. As a part of this program, the firm is initially partnering with two mission-driven MDIs - Optus Bank and Mechanics & Farme ...