The Bank of New York Mellon

Check full information about The Bank of New York Mellon — review, rating in 2024. See detailed contact information, financial data, locations and list of branches.

The Bank of New York Mellon
Detailed The Bank of New York Mellon Rating
Address
240 Greenwich Street New York, NY 10286
FDIC Certificate ID
639
Bank Charter Class
Federal Reserve Member

Detailed The Bank of New York Mellon Rating

rating icon
4.2
Safety
4.74
The Moody’s rating for The Bank of New York Mellon is Aa1 and the tier 1 leverage ratio is 5.38%
Customer experience
3.65
The The Bank of New York Mellon mobile app has 3.7 stars on the App Store and 3.6 stars on Google Play.

Contacts

Demographic information

  • Institution Name
    The Bank of New York Mellon
  • Number of Domestic Offices
    23
  • Full Time Employees
    41,469
  • Established Date
    1851-01-01
  • Primary Federal Regulator
    Federal Reserve Board
  • Date of Deposit Insurance
    1934-01-01
  • Bank Charter Class
    Federal Reserve Member
  • Primary Web Address
  • RTN/ABA
    21000018
  • LEI
    HPFHU0OQ28E4N0NFVK49
  • Federal Reserve ID (RSSD-ID)
    541101
  • IRVTUS3N
  • 021000018

Branches near me

Financial data

All values USD, Dollar figures in thousandsAll Financial Data The Bank of New York Mellon
365,102,000
338,843,000
323,863,000

The Bank of New York Mellon General info Pros&Cons

Pros:
  • Available in all states. The bank’s investment services are available in all states through BNY Mellon Investment Management.
  • Established Investment Bank. The Bank of New York Mellon Corporation formed when the Bank of New York and the Mellon Financial Corporation merged in 2007. The organizations had been in operation since 1784 and 1869, respectively, before the merger.

The Bank of New York Mellon Investment Pros&Cons

Pros:
  • Select an investment firm. BNY Mellon Investment Management has several investment firms to choose from, including Alcentra, Dreyfus Cash Investment Strategies, Mellon Investment cooperation, Newton and Walter Scott.
  • Automatic investment. The bank’s automatic investment program uses dollar-cost averaging and an automatic asset builder to take the guesswork out of your investment strategy and put it on autopilot.
Cons:
  • You need a high net worth. You’ll be charged an annual management fee between $25,000 and $250,000, which can be too much if you don’t have a high net worth.
  • No digital assets to trade. Customers can’t trade cryptocurrencies and other digitals assets.