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United State Trust Company Of New York


            
             United States Trust Company of New York is a FDIC Insured financial institution, where Charles Schwab is the holding company. Charles Schwab became United States Trust of New York Company bank holder in fiscal year 2000. United States Trust Company of New York currently has 6 domestic offices and one foreign office, in addition, to several interstate branches. The information presented in this analysis is according to the end of third cycle of the four cycles, September 30. .
             Deposit and Asset Growth.
             According to the FDIC report of United States Trust Company of New York, the deposits growth of the company has had a constant increase through the last four years, 1997 until 1999, an estimate $300,000 each year. However, U.S. Trust of NY does hold a significant share in the industry among the commercial banks in New York. In 2000 U.S. Trust of New York deposit share of the commercial banks in New York was .38%, 1999 .40%, 1998, 37% and 1997, .35%.
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             The Asset growth of U.S. Trust Company of New York also has a increase. If you look at the chart below, you will notice there is a significant difference is asset growth form year 1997 until a1998 a subtle growth as the year's progress. According to management, U.S. Trust overall has produced a strong growth in 2000, total assets including all special fiduciary assets were up by 10.7% 95.3 billion. Personal assets ad deposits at year end stood at a130 billion. These numbers vary widely from the number that I have form this company cert 34061. It is difficult for me to see the vast difference of one company can have to the whole. .
             Net Interest Margin.
             This table presents U.S. Trust Company of New York net interest margins from 1997 until 2000 ending the September 30. The company failed to submit an annual report, however in their annual review the net interests margin was not a significant factor of the content that was included in the review. Nevertheless given observations of my own 1997 was a tough year for gaining interest on the on their assets.


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