New York, March 25, 2024 – Mizuho Americas today announced Mizuho Bank (USA) received two ratings of “Outstanding” in its most recent Community Reinvestment Act (CRA) performance evaluations covering. The ratings, from the Federal Reserve Bank of New York for the period of January 1, 2021 through June 30, 2023, and the New York Department of Financial Services for the period of January 1, 2021 through March 31, 2023, acknowledge the efforts of Mizuho Bank (USA) in meeting the credit needs of its assessment area with a high level of loans, investments, and services for community development.
“We are honored to receive Outstanding ratings from our regulators as a recognition of both our dedication to our local community, and the work of Mizuho staff in collaboration with many local organizations,” said Shuji Matsuura, Chairman, Mizuho Bank (USA) and Chairman & CEO, Mizuho Americas. “We look for initiatives that use capital creatively and efficiently to address the needs of our community, but it is the remarkable commitment of our partner organizations that turn capital into opportunity.”
Mizuho Bank (USA)’s latest CRA performance evaluations can be accessed here:
Federal Reserve Bank of New York
New York Department of Financial Services
The CRA, enacted in 1977, requires banking regulators to encourage financial institutions to help meet the credit needs of the communities in which they do business, including low- and moderate-income (LMI) neighborhoods.
About Mizuho Bank (USA)
Established on December 1, 2002, Mizuho Bank (USA) (the Bank) is a subsidiary of Mizuho Americas LLC, and is an FDIC-insured, New York State chartered bank and a member of the Federal Reserve System, with total assets of $7.0 billion as of December 31, 2023. The Bank is a wholesale commercial banking institution based in New York City that engages in traditional lending and corporate finance activities and other financial services with a broad range of corporate clients located in the Americas.
About Mizuho
Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion, according to S&P Global 2022. Mizuho’s 60,000 employees worldwide offer comprehensive financial services to clients in 36 countries and 800 offices throughout the Americas, EMEA, and Asia.
Mizuho Americas is a leading provider of corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody, and research to corporate, private equity, and institutional clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring, and private capital advisory capabilities across Americas, Europe, and Asia. Mizuho employs approximately 3,500 professionals, for more information visit www.mizuhoamericas.com.
For inquiries, please contact:
Jim Gorman
Executive Director, Media Relations, Mizuho Americas
+1-212-282-3867
jim.gorman@mizuhogroup.com
Laura London
Vice President, Media Relations, Mizuho Americas
+1-212-282-4446
laura.london@mizuhogroup.com
