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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 ...
In 1902, T. Mellon & Sons' name was changed to the Mellon National Bank. In 1946, the firm merged with the Union Trust Company, a business founded by Andrew Mellon in 1899, and other affiliated financial firms. The newly formed organization was named the Mellon National Bank and Trust Company, and was Pittsburgh's first US$1 billion bank.
Berks County Trust Company. Wyomissing Valley Bank, Temple State Bank, Mount Penn Trust Company, Reamstown Exchange Bank, Schuylkill Trust Company. Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp) Wells Fargo. 1964. National Bank of Commerce. Texas National Bank.
Occupation (s) Banker, businessman, judge, lawyer. Spouse. Sarah Jane Negley. Children. 8, including Andrew and Richard. Thomas Mellon (February 3, 1813 – February 3, 1908) was an Irish American businessman, judge, and lawyer who was best known as the founder of Mellon Bank and patriarch of the Mellon family of Pittsburgh .
He later renamed T. Mellon & Sons as Mellon National Bank and established another financial institution, the Union Trust Company in Pittsburgh in 1889. By the end of 1913, Mellon National Bank held more money in deposits than any other bank in Pittsburgh, and the second-largest bank in the region was controlled by Union Trust.
[citation needed] The family bank would go on to merge with the Bank of New York to become BNY Mellon. The family also founded the National Gallery of Art in Washington, D.C., donating both art works and funds, and is a patron to the University of Pittsburgh , Carnegie Mellon University , Yale University , the Hôpital Albert Schweitzer in ...
CIBC Mellon is a joint venture founded in 1996 between the Canadian Imperial Bank of Commerce (CIBC) and then Mellon Financial Corporation to offer asset servicing to institutional investors. Based in Toronto , Ontario , Canada , it comprises two sister companies, CIBC Mellon Trust company and CIBC Mellon Global Securities Services Company.
On Feb. 19, Capital One announced that it’s acquiring Discover Financial Services for $35.3 billion which, if approved, would make it the fifth largest U.S. bank. As of last December, Capital ...
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