Top U.S. trust operations (total assets)

Bank Total assets ($)

1 State Street Bank and Trust Co. 6,892,303,541

Boston

Managed assets: 712,056,561

Non-managed assets: 2,224,952,890

Custody assets: 3,955,294,090

2 JPMorgan Chase Bank 6,815,751,000

New York

Managed assets: 91,054,000

Non-managed assets: 633,849,000

Custody assets: 6,090,848,000

3 The Bank of New York 3,817,059,184

Managed assets: 62,931,910

Non-managed assets: 378,712,244

Custody assets: 3,375,415,030

4 Citibank NA 2,244,343,000

New York

Managed assets: 134,231,000

Non-managed assets: 438,717,000

Custody assets: 1,671,395,000

5 Deutsche Bank Trust Company Americas 2,111,681,000

New York

Managed assets: 171,777,000

Non-managed assets: 134,270,000

Custody assets: 1,805,634,000

6 The Northern Trust Co. 1,354,971,736

Chicago

Managed assets: 162,117,570

Non-managed assets: 1,131,823,400

Custody assets: 61,030,766

7 Mellon Bank NA 959,140,153

Pittsburgh

Managed assets: 115,750,944

Non-managed assets: 558,579,105

Custody assets: 284,810,104

8 Investors Bank and Trust Co. 764,000,955

Boston

Managed assets: 7,173,952

Non-managed assets: 6,587,399

Custody assets: 750,239,604

9 Mellon Trust of New England NA 658,758,588

Boston

Managed assets: 42,693,150

Non-managed assets: 428,946,264

Custody assets: 187,119,174

10 Wachovia Bank NA 647,718,000

Charlotte, N.C.

Managed assets: 91,751,000

Non-managed assets: 107,672,000

Custody assets: 448,295,000

11 Fidelity Management Trust Co. 636,293,395

Boston

Managed assets: 93,315,029

Non-managed assets: 542,959,614

Custody assets: 18,752

12 Barclays Global Investors NA 413,407,916

San Francisco

Managed assets: 413,407,916

Non-managed assets: 0

Custody assets: 0

13 U.S. Bank NA 386,344,851

Cincinnati

Managed assets: 70,498,008

Non-managed assets: 150,351,078

Custody assets: 165,495,765

14 Wells Fargo Bank Minnesota NA 277,444,418

Minneapolis

Managed assets: 15,030,494

Non-managed assets: 93,441,752

Custody assets: 168,972,172

15 Bank One Trust Co. 247,839,616

Columbus, Ohio

Managed assets: 54,773,187

Non-managed assets: 100,575,623

Custody assets: 92,490,806

16 BNY Western Trust Co. 234,946,579

Los Angeles

Managed assets: 83,416

Non-managed assets: 71,448,722

Custody assets: 163,414,441

17 Merrill Lynch Bank and Trust Co. 229,824,652

Plainsboro, N.J.

Managed assets: 0

Non-managed assets: 0

Custody assets: 229,824,652

18 Wells Fargo Bank NA 169,740,000

San Francisco

Managed assets: 43,146,000

Non-managed assets: 27,525,000

Custody assets: 99,069,000

19 Fifth Third Bank 148,951,383

Cincinnati

Managed assets: 14,536,830

Non-managed assets: 15,155,571

Custody assets: 119,258,982

20 Bank of America NA 146,409,000

Charlotte, N.C.

Managed assets: 100,095,000

Non-managed assets: 19,596,000

Custody assets: 26,718,000

21 Fleet National Bank 135,023,000

Providence, R.I.

Managed assets: 61,848,000

Non-managed assets: 27,953,000

Custody assets: 45,222,000

22 SunTrust Bank 132,302,254

Atlanta

Managed assets: 51,366,162

Non-managed assets: 37,076,032

Custody assets: 43,860,060

23 Union Bak of California NA 130,912,533

San Francisco

Managed assets: 11,231,082

Non-managed assets: 45,540,939

Custody assets: 74,140,512

24 Wilmington (Del.) Trust Co. 120,202,754

Managed assets: 16,729,931

Non-managed assets: 49,709,808

Custody assets: 53,763,015

25 Putnam Fiduciary Trust Co. 102,118,350

Boston

Managed assets: 2,453,912

Non-managed assets: 99,664,438

Custody assets: 0

26 UMB Bank NA 97,269,569

Kansas City, Mo.

Managed assets: 11,724,123

Non-managed assets: 24,594,353

Custody assets: 60,951,093

27 PNC Bank NA 95,920,659

Pittsburgh

Managed assets: 46,585,033

Non-managed assets: 11,513,202

Custody assets: 37,822,424

28 Sumitomo Trust and Banking Co. (U.S.A.) 92,741,026

Hoboken, N.J.

Managed assets: 0

Non-managed assets: 3,170

Custody assets: 92,737,856

29 United States Trust Company of New York 90,084,377

Managed assets: 49,387,498

Non-managed assets: 1,073,576

Custody assets: 39,623,303

30 LaSalle Bank NA 89,806,121

Chicago

Managed assets: 7,093,174

Non-managed assets: 55,781,570

Custody assets: 26,931,377

31 KeyBank NA 87,327,108

Cleveland

Managed assets: 40,960,809

Non-managed assets: 31,905,648

Custody assets: 14,460,651

32 Comerica Bank 79,287,091

Detroit

Managed assets: 11,470,829

Non-managed assets: 14,215,569

Custody assets: 53,600,693

33 Mizuho Trust and Banking Company USA 77,202,078

New York

Managed assets: 0

Non-managed assets: 0

Custody assets: 77,202,078

34 Allfirst Bank 75,481,285

Baltimore

Managed assets: 3,487,400

Non-managed assets: 23,275,400

Custody assets: 48,718,485

35 Bank of Tokyo-Mitsubishi Trust Co. 75,180,742

New York

Managed assets: 0

Non-managed assets: 2,018,189

Custody assets: 73,162,553

36 Fiduciary Trust Company International 65,710,773

New York

Managed assets: 37,080,797

Non-managed assets: 1,451,498

Custody assets: 27,178,478

37 Bank One NA 65,559,000

Columbus, Ohio

Managed assets: 205,000

Non-managed assets: 1,315,000

Custody assets: 64,039,000

38 Deutsche Bank National Trust Co. 62,698,554

Los Angeles

Managed assets: 436,100

Non-managed assets: 58,918,934

Custody assets: 3,343,520

39 M&I National Trust Co. 60,105,255

Milwaukee

Managed assets: 10,265,024

Non-managed assets: 36,466,708

Custody assets: 13,373,523

40 Custodial Trust Co. 56,352,700

Princeton, N.J.

Managed assets: 0

Non-managed assets: 28,983,059

Custody assets: 27,369,641

41 State Street Bank and Trust Co. NA 56,031,367

New York

Managed assets: 0

Non-managed assets: 56,031,367

Custody assets: 0

42 J.P. Morgan Trust Co. NA 54,642,184

Los Angeles

Managed assets: 11,188,017

Non-managed assets: 28,795,688

Custody assets: 14,658,479

43 Harris Trust and Savings Bank 52,856,489

Chicago

Managed assets: 15,511,097

Non-managed assets: 16,348,140

Custody assets: 20,997,252

44 Wachovia Bank of Delaware NA 51,571,850

Wilmington

Managed assets: 2,493,100

Non-managed assets: 5,440,332

Custody assets: 43,638,418

45 HSBC Bank USA 49,640,089

Buffalo, N.Y.

Managed assets: 26,116,295

Non-managed assets: 13,539,870

Custody assets: 9,983,924

46 U.S. Bank Trust Co. NA 47,930,449

Wilmington, Del.

Managed assets: 40,599

Non-managed assets: 47,653,307

Custody assets: 236,543

47 Manufacturers and Traders Trust Co. 42,835,122

Buffalo, N.Y.

Managed assets: 8,470,552

Non-managed assets: 20,881,465

Custody assets: 13,483,105

48 National City Bank of Indiana 39,189,181

Indianapolis

Managed assets: 4,340,162

Non-managed assets: 6,905,220

Custody assets: 27,943,799

49 PNC Bank Delaware 35,989,751

Wilmington

Managed assets: 1,885,002

Non-managed assets: 688,580

Custody assets: 33,416,169

50 Mercantile-Safe Deposit and Trust Co. 35,661,025

Baltimore

Managed assets: 14,339,211

Non-managed assets: 13,609,184

Custody assets: 7,712,630

As of Dec. 31

Source: Federal Deposit Insurance Corp.