Mellon Bank Records

What’s online?

The Mellon Bank Records online photograph collection contains images dating between the 1880s and 1970s. The photographs depict the employees and founders, buildings, and promotional activities of Mellon Bank and its acquired financial establishments.

What’s in the entire collection?

The Mellon Bank Records include departmental records, executive meeting minutes, reports, publications and audiovisual materials. The records include Union Trust Company records as well as materials pertaining to acquired financial institutions, such as Farmers Deposit National Bank and City Deposit Bank. The Heinz History Center acquired the Mellon Bank Records from the Mellon Bank Historical Library and Archives in 1995.

About Mellon Bank

Mellon National Bank was founded by Judge Thomas Mellon in 1870, and came under the direction of two sons, Andrew W. Mellon and Richard B. Mellon, by 1889. In that same year A.W. Mellon and Henry Clay Frick helped to finance the Union Trust Company of Pittsburgh, which acquired ownership of Mellon National Bank in 1902.

Throughout its existence Mellon Bank sponsored industrial ventures, dating to 1871 when Henry Clay Frick acquired a loan enabling the construction of 50 coke plants to supply Pittsburgh’s burgeoning steel industry. Similar financing spurred rapid industrial progress in early twentieth century Pittsburgh. Among the many undertakings the brothers funded were the Pittsburgh Reduction Company (ALCOA), Standard Steel Car Company (Pullman), Gulf Oil Corporation, the Koppers Company, Inc., Crucible Steel Company and Pittsburgh Steel Company.

In 1983 Mellon National Corporation became Mellon Bank Corporation. That same year they acquired the Philadelphia-based Girard Company, as well as Central Counties Bank in State College, Pa., giving them statewide financial clout. Mellon again changed its name to Mellon Financial Corporation in 1999 to represent its diversified business model, and continued to expand through acquisitions. Seizing on the opportunity to become the world’s largest global securities and asset management firm, the Bank of New York Company, Inc., and The Mellon Financial Corporation merged in 2007 forming the Bank of New York Mellon Corporation. While BNY Mellon headquarters are in New York City, Pittsburgh is still home to a large amount of Mellon operations.

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