Mellon Bank

The History Of Mellon Bank

Mellon Bank, h.s.a, is an American financial institution that has a long history of excellence. Recently Mellon Bank merged with the Bank of New York and also works extensively with CIBC Bank. The Bank of New York + Mellon Bank merger was hailed as one of the greatest mergers in banking history. Mellon Bank was founded in 1869 by Thomas Mellon and his sons Andrew W. Mellon and Richard B. Mellon, as T. Mellon & Sons' Bank. In 1902, the institution became Mellon National Bank. In 1929, Richard founded Mellbank Corporation. In 1946, Mellon National, Mellbank, and the Union Trust Company merged to form Mellon National Bank and Trust Company. A reorganization of the company in 1972 brought about a name change to Mellon Bank, N.A. and the formation of a holding company, Mellon National Corporation. Mellon Bank continues to do business today after merging with the Bank of New York to become the Bank of New York Mellon Corporation. The merger of these two corporations formed one of the largest banking companies in the world with assets in the billions of dollars available for investing. The new corporation also has billions of dollars in deposits from both personal and business customers.

Mellon Bank

Mellon Bank is provides expert asset management and is a world renowned leader in global provider financial services. Their expertise in asset management includes numerous investment management products and services. Mellon Bank assists many clients throughout the world enhance and perfect the management, administration, and efficiency of their entire investment process from beginning to end. The experts at Mellon Bank know how to turn assets into greater wealth and build substantial equity for their clients. Bankers and consultants at Mellon Bank are the most finely and highly trained in the world at servicing clients and all of their asset and wealth management needs. Mellon Bank’s dividend reinvestment plan is world renowned for it’s quality and innovation. Mellon Bank and its h.s.a. accounts are also known the world over for the quality of the services provided by Mellon Bank. Want to open a Bank of New York Mellon account? Go online to the Mellon Bank account and apply for a new Bank of New York Mellon online instantly. While you’re there, check out the wide range of other financial services and investment services that the Bank of New York Mellon offers both in their thousands of branch locations and online.