The Bank of New York Mellon is headquartered in New York, New York. It is a state-chartered bank and member of the Federal Reserve System, established 01/01/1851 and insured by the FDIC since 01/01/1934. At the 06/30/2026 reporting date it held $425 billion in assets and $373 billion in deposits across 26 offices.
Size
By total assets it ranks #10 of 4,213 active FDIC-insured banks in the United States. Among the 115 FDIC-insured banks headquartered in New York it ranks #2.
Capital and earnings
| Equity capital | $29.4 billion (6.9% of assets) |
|---|---|
| Net income, year to date | $2.9 billion through 06/30/2026 |
| Return on assets (annualized) | 1.36% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. The Bank of New York Mellon holds FDIC certificate number 639. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in New York
- Goldman Sachs Bank USA, $759 billion in assets
- Morgan Stanley Private Bank, National Association, $250 billion in assets
- Manufacturers and Traders Trust Company, $219 billion in assets
- Flagstar Bank, National Association, $87.7 billion in assets
- Bank of China, $48.5 billion in assets
- Deutsche Bank Trust Company Americas, $40.5 billion in assets
Banks of a similar size
- PNC Bank, National Association, #8, $610 billion in assets
- Truist Bank, #9, $548 billion in assets
- Morgan Stanley Bank, National Association, #11, $419 billion in assets
- State Street Bank and Trust Company, #12, $413 billion in assets
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This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. bny.com