Sumitomo Mitsui Trust Bank (U.S.A.) Limited, ("SMTBUSA"), was originally established in 1987 as a New York State chartered tr ... ust and banking company, insured by the Federal Deposit Insurance Corporation. SMTBUSA is a wholly-owned subsidiary of The Sumitomo Mitsui Trust Bank, Limited of Japan, which is one of Japan's major trust banks. In May 2002, SMTBUSA relocated its office to New Jersey and became a New Jersey State chartered trust and banking company, insured by the Federal Deposit Insurance Corporation. SMTBUSA's mission is to provide world-class global custody services and securities lending services for mainly Japanese institutional investors, their overseas branches and affiliates, and to the financial institutions responsible for their investments. read more