BNY Mellon Contributes To Community Investment In Pittsburgh

The Bank of New York Mellon releases a report detailing the company's increased presence in Pittsburgh. Highlights include employment growth of nearly 800 in two years, including 500 jobs in 2008. The Pittsburgh focused document highlights the significant progress made

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The Bank of New York Mellon releases a report detailing the company’s increased presence in Pittsburgh. Highlights include employment growth of nearly 800 in two years, including 500 jobs in 2008.

The Pittsburgh-focused document highlights the significant progress made toward employment and philanthropic commitments, the region’s role as the company’s North American Growth Center and recent economic and community impact. Examples include:

-Creating more career growth opportunities;-Serving as a center of excellence for Operations (Asset Servicing, Corporate Trust and Treasury Services), Technology and Shared Services (Human Resources, Finance and Corporate Affairs).-$2.4 million in employee pledges and company matches to more than 350 local charities, representing the largest workplace campaign in Pittsburgh for nine straight years;

-$3.3 million in grant support from BNY Mellon Charitable Foundation, with a focus on financial stability for people and communities in need, along with a $3 million, six-year commitment to a program that supports the revitalization of the Hill District; and

-Having nearly 100 local employee volunteer teams raise nearly $250,000 in employee-created and company-matched donations.

“In keeping with our commitment, we have had a positive impact on this region through job creation and community investment,” says Vince Sands, chairman, Bank of New York Mellon Corporation of Pennsylvania and executive vice president of BNY Mellon Asset Servicing. “We pledge to continue our focus on these efforts and we remain confident in our continued ability to deliver on our commitments.”

L.D.

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