About The Bank of New York Mellon
The Bank of New York Mellon is America's oldest bank, founded in 1784 by Alexander Hamilton. Holding $341+ Billion in bank assets and tens of trillions in global custody assets, BNY Mellon is the premier institutional servicing and asset management firm worldwide.
Financial Scale and Asset Performance
According to recent FDIC call report data, The Bank of New York Mellon holds $341,455 Million in total consolidated assets, ranking it #11 out of more than 2,000 insured commercial banking institutions in the United States. Of its total holdings, $245,849 Million represent domestic U.S. deposits and investments, representing approximately 72% of its total balance sheet.
Branch Network & Regulatory Oversight
The bank currently maintains a domestic network of 2 retail banking centers across the United States. Under its SMB charter classification, The Bank of New York Mellon is subject to primary supervisory examination by the Federal Reserve Board (FRB) alongside FDIC insurance coverage for eligible deposit accounts up to $250,000 per depositor.
Key Profile Summary: BNY Mellon
- Official Legal Name: BANK OF NY MELLON/BANK OF NY MELLON CORP
- National Asset Rank: #11
- Parent Holding Co: BANK OF NY MELLON CORP
- Primary Regulator: Federal Reserve Board (FRB)
- Official Website: https://www.bnymellon.com