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Subsidy Tracker Parent Company Summary
Parent Company Name: Northern Trust
Ownership Structure: publicly traded (ticker symbol NTRS)
Headquartered in: Illinois
Major Industry: financial services
Specific Industry: banking
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $16,325,511 | 21 |
| Federal (grants and allocated tax credits) | $342,118 | 2 |
| TOTAL | $16,667,629 | 23 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $1,576,000,000 | 1 |
| TOTAL | $1,576,000,000 | 1 |
Time Period for State and Local Awards: Earliest year of data: 2002. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2017.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Arizona | $13,006,000 | 15 |
| Illinois | $2,083,986 | 2 |
| New Jersey | $1,003,275 | 1 |
| New York | $232,250 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy  . |
| Northern Trust Company | Arizona | state | 2015 | $1,500,000 | | training reimbursement |
| Northern Trust Company | Arizona | state | 2016 | $1,500,000 | | training reimbursement |
| The Northern Trust Company | Arizona | state | 2021 | $264,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2021 | $318,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2020 | $483,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2020 | $339,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2020 | $228,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2019 | $75,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2019 | $1,233,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2019 | $339,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2018 | $75,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2018 | $1,461,000 | | tax credit/rebate |
| The Northern Trust Company | Arizona | state | 2017 | $981,000 | | tax credit/rebate |
| Northern Trust Company | Arizona | state | 2016 | $210,000 | | tax credit/rebate |
| Northern Trust Corporation | Illinois | state | 2008 | $1,041,993 | | infrastructure assistance |
| Northern Trust Corporation | Illinois | state | 2012 | $1,041,993 | | infrastructure assistance |
| The Northern Trust International Banking Corporation | New York | local | 2002 | $150,000 | | grant |
| Equilend Holdings LLC | New York | local | 2004 | $31,500 | | grant |
| Equilend Holdings LLC | New York | local | 2006 | $50,750 | | grant |
| Northern Trust Company, The | New Jersey | state | 2006 | $1,003,275 | | grant |
| Northern Trust Company | Arizona | state | 2015 | $4,000,000 | | grant |
| Northern Trust | United States | federal | 2008 | | $1,576,000,000 | federal loan or loan guarantee |
| Northern Trust Company, The | United States | federal | 2014 | $323,000 | | federal grant |
| Northern Trust Company, The | United States | federal | 2014 | $19,118 | | federal grant |
