Northern Trust announced today it will make $125,000 in contributions, primarily to the American Red Cross, to support Hurricane / Tropical Storm Harvey relief efforts in the Houston area.
"As evidence of Harvey’s devastation continues to mount, our hearts go out to residents along the Gulf Coast,” Northern Trust Chairman and Chief Executive Officer Frederick H. Waddell said. "We are fortunate that all our Houston-area staff members and locations remain safe, and recognize the process of recovery will be arduous. Northern Trust is committed to supporting the region during these trying times.”
Northern Trust has been in Houston for more than 25 years, employing approximately 100 people in two locations -- Houston’s River Oaks and Tanglewood neighborhoods. After being closed for three days, both offices opened on Thursday with full bank lobby services.
In recent years, Northern Trust has supported disaster relief efforts for the Philippines typhoon (2013), Superstorm Sandy on the U.S. East Coast (2012), Japan earthquake and Pacific tsunami (2011), floods in eastern Australia (2011) and the earthquake in Haiti (2010).
Northern Trust gave more than $16 million in cash contributions to charitable organizations worldwide in 2016, and more than $84 million during the last five years.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2017, Northern Trust had assets under custody of US$7.4 trillion, and assets under management of US$1.03 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.
