BNY Mellon, National Association

Headquarters

500 Grant St
Pittsburgh, PA 15219
See all branch locations →

Phone 212 763 4900

Notable Rates APY Vs.Others
Savings N.A. 0.65% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

BNY Mellon, National Association is an FDIC insured institution located in Pittsburgh, PA. It was founded in 1869 and has approximately $33.41 billion in assets. Customers can open an account at one of its 49 branches.

FDIC Insured Yes
FDIC Certificate # 7946
Date Established 1869
Assets $ 33.41 billion
Loans $ 16.53 billion
Deposits $ 28.42 billion
Capital $ 3.95 billion
 

For a more detailed analysis of BNY Mellon, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - June 24, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - June 24, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BNY Mellon, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

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Payment
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NMLS ID: 1168
2.762% 2.750%
0.13 points
$390 fees
$1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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Intro APR 1.990 %
After Intro: 4.840 %
Intro Period: 12 months
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Bethpage Federal Credit Union
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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
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Third Federal Savings and Loan
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2.240 %
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Note to BNY Mellon, National Association
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Branches

BNY Mellon, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


BNY Mellon, National Association Locations


Financial Details

BNY Mellon, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BNY Mellon, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BNY Mellon, National Association U.S. Bank Average
0.38% 5.49%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2020, BNY Mellon, National Association had $15,000,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,947,000,000 in equity and $37,000,000 in loans loss reserves. That gives it a Texas Ratio of 0.38%.

Return on Equity
BNY Mellon, National Association U.S. Bank Average
8.17% 9.24%

BNY Mellon, National Association has a Return on Equity of 8.17% versus the BestCashCow average of 9.24%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
BNY Mellon, National Association U.S. Bank Average
11.81% 11.96%

BNY Mellon, National Association has a Capitalization of 11.81% versus the BestCashCow average of 11.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BNY Mellon, National Association Balance Sheet Analysis

As of December 31, 2020, BNY Mellon, National Association had assets of $33,413,000,000, loans of $16,534,000,000, and deposits of $28,423,000,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 9.70 billion
Interest-bearing balances $ 8.89 billion
Total securities $ 2.49 billion
Federal funds sold and reverse repurchase $ 2.38 billion
Net loans and leases $ 16.53 billion
Loan loss allowance $ 37.00 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1,750.00 million
All other assets $ 395.00 million
     Total Assets $ 29.47 billion
LIABILITIES
Total deposits $ 28.42 billion
      Interest-bearing deposits $ 27.16 billion
      Deposits held in domestic offices $ 28.42 billion
      % insured (estimated) 23.20%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 609.00 million
Subordinated debt $ 200.00 million
All other liabilities $ 234.00 million
      Total Liabilities $ 29.47 billion
      Shareholders’ Equity $ 3.95 billion

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 474.00 million
Total Interest Expense $ 150.00 million
Net interest income $ 324.00 million
Provision for loan and lease losses $ 24.00 million
Total non interest income $ 796.00 million
Total non interest expense $ 672.00 million
Pre-tax Net Operating Income $ 424.00 million

Bank Loan Profile?

The top three loan types in BNY Mellon, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks, BNY Mellon, National Association’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 46.67
Multifamily
Mortgages
0.15
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.01
Construction and Development Loans 0.79
Commercial Real Estate 2.99
Commercial and Industrial Loans 0.66
Farm Loans 0.02

Frequently Asked Questions About Bny Mellon, National Association

Branches and Savings

Is Bny Mellon, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #7946.

Why does Bny Mellon, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bny Mellon, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bny Mellon, National Association a commercial bank?

Yes

Where are Bny Mellon, National Association locations?

See branch locations nearby.

Is Bny Mellon, National Association open on Saturdays?

Is Bny Mellon, National Association open on Sundays?

What time does Bny Mellon, National Association open?

What time does Bny Mellon, National Association close?

Are Bny Mellon, National Association ATMs Open 24/7?

Do Bny Mellon, National Association ATMs accept cash deposits?

Can Bny Mellon, National Association customers use other ATMs?

Do Bny Mellon, National Association branches have notaries?

Will Bny Mellon, National Association notarize my document?

What address for Bny Mellon, National Association should I put for incoming ACH transfers?

Will the Bny Mellon, National Association branch print checks?

Do Bny Mellon, National Association checks expire?

Does Bny Mellon, National Association require US citizenship to open account?

Can Bny Mellon, National Association close my account?

Does Bny Mellon, National Association Report to credit bureaus?

Does Bny Mellon, National Association Use Equifax?

What is Bny Mellon, National Association's ACH Routing Number?

What is Bny Mellon, National Association's SWIFT code?

Products

Does Bny Mellon, National Association offer mortgages?

Compare mortgage rates here.

Does Bny Mellon, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bny Mellon, National Association offer personal loans?

Compare personal loan rates here.

Does Bny Mellon, National Association offer student loans?

Will Bny Mellon, National Association cash a check?

Will Bny Mellon, National Association redeem a savings bond?

Does Bny Mellon, National Association cash savings bonds?

Will Bny Mellon, National Association cash money orders?

Can Bny Mellon, National Association issue a money order?

Does Bny Mellon, National Association do currency exchange?

Background on The Bank

Who owns Bny Mellon, National Association?

How long has Bny Mellon, National Association been around?

Can Bny Mellon, National Association transfer to other banks?

Does Bny Mellon, National Association have quick pay?

Does Bny Mellon, National Association accept rolled coins?

Will Bny Mellon, National Association accept loose change?

Where is Bny Mellon, National Association headquarters?

Customer Reviews for BNY Mellon, National Association


  • June 1, 2015

    Would like to know what the rates are for BNYMellon employees, we are looking at around 50,000. I started April 15, 2015.

  • May 30, 2015

    Checking to see what your auto loan rates are for BNY Mellon employees. We are looking at a little under $50,000 for a Jeep Cherokee Overland with David, Dodge Chrisler, Jeep. I am in the Financial preparation Department. I started April 15, 2015.

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