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Richard K. Mellon

Mellon National Bank

1934 - 1946

Finance

Military ServiceAir Force
1930 b. 1899
male
Personal
Born-Died1899 - 1970
BirthplacePennsylvania (PA)
RaceWhite
FatherHead, Same Company
Era - 1930

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.