The Bank of New York Mellon

225 Liberty Street
New York, NY 10286

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 639
Date Established 1851
Assets $280.88 billion
Loans $32.12 billion
Deposits $238.98 billion
Capital $25.82 billion

The Bank of New York Mellon is an FDIC insured institution located in New York, NY. It was founded in 1851 and has approximately $280.88 billion in assets. Customers can open an account at one of its 22 branches.

For a more detailed analysis of The Bank of New York Mellon's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in The Bank of New York Mellon’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks, The Bank of New York Mellon’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 4.48
Multifamily
Mortgages
2.44
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 1.78
Commercial Real Estate 4.89
Commercial and Industrial Loans 10.34
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for The Bank Of New York Mellon, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Bank of New York Mellon

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

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More
Flagstar Bank 4.990% $268.11 Learn More

Note to The Bank of New York Mellon
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Branches

The Bank of New York Mellon 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:
Ashburn,Virginia


The Bank of New York Mellon Locations

Financial Details

The Bank of New York Mellon Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Bank of New York Mellon. 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
The Bank of New York Mellon U.S. Bank Average
0.36% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, The Bank of New York Mellon had $90,000,000 in non-current loans and $4,000,000 in owned real estate. To cover these potential losses it had $25,824,000,000 in equity and $137,000,000 in loans loss reserves. That gives it a Texas Ratio of 0.36%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
The Bank of New York Mellon U.S. Bank Average
10.12% 8.58

The Bank of New York Mellon has a Return on Equity of 10.12% versus the BestCashCow average of 8.58. 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
The Bank of New York Mellon U.S. Bank Average
9.19% 12.11

The Bank of New York Mellon has a Capitalization of 9.19% versus the BestCashCow average of 12.11. 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.

The Bank of New York Mellon Balance Sheet Analysis

As of June 30, 2017, The Bank of New York Mellon had assets of $280,876,000,000, loans of $32,123,000,000, and deposits of $238,984,000,000. 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.

Frequently Asked Questions About The Bank of New York Mellon

Branches and Savings

Is The Bank of New York Mellon FDIC insured?

Yes. It is covered under FDIC Certificate #639.

Why does The Bank of New York Mellon pay such low interest on savings accounts?

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

Why are The Bank of New York Mellon CD rates not competitive?

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

Is The Bank of New York Mellon a commercial bank?

Yes

Where are The Bank of New York Mellon locations?

See branch locations nearby.

Is The Bank of New York Mellon open on Saturdays?

Is The Bank of New York Mellon open on Sundays?

What time does The Bank of New York Mellon open?

What time does The Bank of New York Mellon close?

Are The Bank of New York Mellon ATMs Open 24/7?

Do The Bank of New York Mellon ATMs accept cash deposits?

Can The Bank of New York Mellon customers use other ATMs?

Do The Bank of New York Mellon branches have notaries?

Will The Bank of New York Mellon notarize my document?

What address for The Bank of New York Mellon should I put for incoming ACH transfers?

Will the The Bank of New York Mellon branch print checks?

Do The Bank of New York Mellon checks expire?

Does The Bank of New York Mellon require US citizenship to open account?

Can The Bank of New York Mellon close my account?

Does The Bank of New York Mellon Report to credit bureaus?

Does The Bank of New York Mellon Use Equifax?

What is The Bank of New York Mellon's ACH Routing Number?

What is The Bank of New York Mellon's SWIFT code?

Products

Does The Bank of New York Mellon offer mortgages?

Compare mortgage rates here.

Does The Bank of New York Mellon offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Bank of New York Mellon offer personal loans?

Compare personal loan rates here.

Does The Bank of New York Mellon offer student loans?

Will The Bank of New York Mellon cash a check?

Will The Bank of New York Mellon redeem a savings bond?

Does The Bank of New York Mellon cash savings bonds?

Will The Bank of New York Mellon cash money orders?

Can The Bank of New York Mellon issue a money order?

Does The Bank of New York Mellon do currency exchange?

Background on The Bank

Who owns The Bank of New York Mellon?

How long has The Bank of New York Mellon been around?

Can The Bank of New York Mellon transfer to other banks?

Does The Bank of New York Mellon have quick pay?

Does The Bank of New York Mellon accept rolled coins?

Will The Bank of New York Mellon accept loose change?

Where is The Bank of New York Mellon headquarters?

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