- Great American Business Leaders of the Twentieth Century
Richard K. Mellon
Mellon National Bank
1934 - 1946
Finance
| Military Service | Air Force |
|---|
b. 1899
| Personal | |
|---|---|
| Born-Died | 1899 - 1970 |
| Birthplace | Pennsylvania (PA) |
| Race | White |
| Father | Head, Same Company |
Mellon was responsible for the reorganization of the financial structure of Mellon enterprises. He consolidated several family-managed companies, the most significant of which was the merger of two competing Mellon institutions – the Mellon National bank and the Union Trust Company. Its surplus and capital of $157 million made it the 16th largest bank in the United States.