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Correspondent Banking


Call on our unique expertise in offering credit to financial institutions and their leaders.

The Northern Trust Company has a long and established history of providing credit products and services to bank holding companies, their affiliate institutions, non-banking subsidiaries, owners and managers.

Northern has developed unique expertise in the correspondent market, which can be utilized to your organization's advantage. Northern Trust's financing strategy is focused on meeting the funding needs of substantial current or prospective correspondent trust services clients.

Northern Trust Corporation Risk Based Capital Ratios

As of June 30, 2012*

*Capital ratios are preliminary until the 10Q is filed with the SEC


Northern Trust Corporation

Well Capitalized
Tier 1 Risk Based Capital/Ratio
Total Risk Based Capital/Ratio
Leverage Ratio

Note: These capital ratios are calculated as of the date indicated, based upon the financial information contained in the Report of Condition and Income for The Northern Trust Company as of that date and using the definitions of the ratios referred to in Regulation F.

Michael Sullivan

Michael Sullivan

Head of Correspondent Trust Services, North America
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Michael Sullivan

Michael Sullivan

Head of Correspondent Trust Services, North America

Mike Sullivan is a Senior Vice President at The Northern Trust Company. He is the Head of Correspondent Trust Services for North America. This team offers comprehensive custody, technology, lending and asset management services to help support wealth management providers such as community banks, registered investment advisors and trust companies.

Prior to his current role, Mike was a Client Executive. Mike served corporate clients by providing trust and custody services. Mike's ultimate responsibility is client satisfaction. As the relationship advisor and advocate, he focused on developing long-term, rewarding partnerships. On an on-going basis, Mike served as the client strategist and facilitator by managing Northern Trust's commitment to the client; addressing client issues to ensure appropriate resources were dedicated to the relationship; and establishing a solid business relationship.

Mike was a Senior Institutional Trust Account Manager in the Large Corporate Group, at Northern Trust. In this role, Mike was responsible for the daily administration and servicing of various large, complex client relationships. His specific responsibilities included: performing the day-to-day account support activities; documenting and complying with client-specific procedures, managing specific client issues and ensuring resolution to the client's satisfaction.

Before joining the Large Corporate Group, Mike worked in our Investment Manager Liaison Group (IMLG) where he supported large institutional investment managers. He started his career at the Northern Trust as a Securities Technician in our Trade Processing Group.


Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices.

This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.