Banking
Goldman Sachs Bank USA (“GS Bank”) is a New York State-chartered bank and a member of the Federal Reserve System.
GS Bank is supervised by the Federal Reserve Bank of New York and the New York State Department of Financial Services, and is a member of the Federal Deposit Insurance Corporation. GS Bank is headquartered in New York and is a wholly-owned subsidiary of The Goldman Sachs Group, Inc.
GS Bank accepts deposits, lends to individuals and corporate clients, transacts in derivatives (including interest rate, credit and foreign currency products), and provides securities lending, custody and hedge fund administration services.
GS Bank deploys capital to help transform distressed communities into sustainable and vibrant neighborhoods of choice and opportunity. GS Bank is committed to helping communities through the work of the Urban Investment Group which provides community development lending, investing and grant making with a focus on New York City, Northern New Jersey and Salt Lake City, Utah.
GS Bank is proud to have received an Outstanding rating from the Federal Reserve Bank of New York (FRBNY) and the New York State Department of Financial Services (DFS) in its 2010 evaluation of GS Bank’s CRA record. For a copy of GS Bank’s most recent CRA Performance Evaluation by the FRBNY, please click here. For a copy of GS Bank’s most recent CRA Performance Evaluation by the DFS, please click here.