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Mellon Bank acquired multiple banks and financial institutions in Pennsylvania during the 1980s and 1990s. [83] In 1992, Mellon acquired 54 branch offices of Philadelphia Savings Fund Society, the first savings bank in the United States, founded in 1819. [84]
Mellon was opened in January 1870 by Thomas Mellon and his sons Andrew Mellon and Richard B. Mellon, as T. Mellon & Sons' Bank. In 1902, the institution became Mellon National Bank. Mellon Bank was an important force in the mass production revolution in the United States, especially in the Midwest. [citation needed] The Mellon family using the ...
Bank of New York: Mellon Financial Corporation: Bank of New York Mellon: $18.3 billion Bank of New York Mellon: 2007 Wachovia: World Savings Bank: Wachovia: $25 billion Wells Fargo: 2007 Bank of America: U.S. Trust Corporation: Bank of America Private Wealth Management: Bank of America: 2007 M&T Bank: Partners Trust Financial Group: M&T Bank: M ...
The New York-based bank also reported earnings per share of $1.50, up 22% year-over-year, generated a record $3.4 billion in fees, up from $3.2 billion in Q3 of last year, and had a net income of ...
In 1816, Archibald Mellon emigrated from Northern Ireland to the United States and set up residence in Westmoreland County, Pennsylvania. [1] Two years later, Archibald was joined by his son, Andrew, and his family. The family's wealth originated with Mellon Bank, founded in 1869 by Archibald's grandson, Thomas Mellon.
The Bank of New York Mellon: New York City: $427 8.5% $40.03 BK 14 State Street Corporation: ... United Community Bank: Greenville, South Carolina: $27 7.0% $3.48 UCBI 79
After Mellon returned to the United States in August 1931, he was confronted by another series of bank failures. Among the banks that failed was the Bank of Pittsburgh, the lone remaining major Pittsburgh bank not controlled by the Mellon family.
Thomas Mellon (February 3, 1813 – February 3, 1908) was a businessman, judge, and lawyer who was best known as the founder of Mellon Bank and patriarch of the Mellon family of Pittsburgh. Early life and education