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Goldman Completes Acquisition of $16B Deposits from GE Capital Bank

Goldman Sachs Bank USA has acquired the online deposit platform of GE Capital Bank and assumed approximately $16 billion of deposits.

Fed OKs Goldman Sachs Assumption of GE Capital Bank’s Utah Deposits

The Federal Reserve has approved Goldman Sachs Bank USA to assume substantially all the deposit liabilities and acquire certain limited assets of GE Capital Bank in Utah.

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Tag Archives: GE Capital Bank

Goldman Completes Acquisition of $16B Deposits from GE Capital Bank

Fed OKs Goldman Sachs Assumption of GE Capital Bank’s Utah Deposits