Subsidy Tracker Parent Company Summary

Parent Company Name: 
Bank of New York Mellon
Ownership Structure: 
publicly traded (ticker symbol BK)
Headquartered in: 
New York
Major Industry: 
financial services
Specific Industry: 
banking
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$85,647,22953
Federal (grants and allocated tax credits)$00
TOTAL$85,647,22953
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$17,038,858,39663
TOTAL$17,038,858,39663
Time Period for State and Local Awards: 

Earliest year of data: 1997. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2007.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$81,230,87346
Florida$2,427,0003
New Jersey$1,520,2682
Massachusetts$316,8341
Louisiana$152,2541

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
Company Location Subsidy Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
Dreyfus New York local 2005 $109,063 tax credit/rebate; property tax abatement
Bank of New York New York state 2005 $1,193,032 enterprise zone
BNY Mortgage Company, LLC New York state 2005 $108,210 enterprise zone
Bank of New York DeWitt Site (Mr. Ralph Torsone)-includes Topaz Office project New York local 2004 $13,653 tax credit/rebate; property tax abatement
Bank of New York United States federal 2004 $16,875,000 federal insurance
Bank of New York New York state 2004 $1,274,919 enterprise zone
Bank of New York DeWitt Site (Mr. Ralph Torsone) New York local 2003 $43,351 tax credit/rebate; property tax abatement
Mellon Financial Corp. Massachusetts state 2003 undisclosed tax credit/rebate
Bank of New York New York state 2003 $771,000 enterprise zone
The Bank of New York New York state 2003 $981,000 enterprise zone
Mellon Investor Services, LLC New York state 2002 $76,520 grant
BANK OF NEW YORK New York local 2002 $40,000,000 grant
Bank of New York New York state 2002 $566,500 enterprise zone
The Bank of New York New York state 2002 $1,001,300 enterprise zone
The Bank of New York Florida state 2001 $990,000 tax credit/rebate
Bank of New York New York state 2001 $263,681 enterprise zone
Bank of New York, The New Jersey state 1999 $274,780 grant
Mellon Bank Corp & Gilbane Properties Massachusetts state 1998 undisclosed tax credit/rebate
Bank of New York, The New Jersey state 1997 $1,245,488 grant
MELLON INVESTOR SERVICES LLC New Jersey state undisclosed tax credit/rebate; property tax abatement
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)