Question 1

How many CFPB complaints has BANK OF NEW YORK MELLON CORPORATION, THE received?

Accepted Answer

BANK OF NEW YORK MELLON CORPORATION, THE has received 975 complaints filed with the Consumer Financial Protection Bureau since 2011, giving a complaint rate of 0.03 per 1,000 estimated customers.

Question 2

Has BANK OF NEW YORK MELLON CORPORATION, THE been fined by federal regulators?

Accepted Answer

BANK OF NEW YORK MELLON CORPORATION, THE has active or recent enforcement actions from one or more federal regulators. ComplaintRate tracks enforcement from the OCC, CFPB, Federal Reserve, FTC, DOJ, and NCUA.

Question 3

What is BANK OF NEW YORK MELLON CORPORATION, THE's complaint rate per 1,000 customers?

Accepted Answer

BANK OF NEW YORK MELLON CORPORATION, THE has a complaint rate of 0.03 per 1,000 estimated customers based on CFPB complaint data normalised against FDIC deposit data.

Question 4

Does BANK OF NEW YORK MELLON CORPORATION, THE respond to CFPB complaints?

Accepted Answer

BANK OF NEW YORK MELLON CORPORATION, THE responds to 96.8% of CFPB complaints within the required 15-day timeframe. This meets the 90%+ standard ComplaintRate considers satisfactory.

Question 5

Is BANK OF NEW YORK MELLON CORPORATION, THE FDIC insured?

Accepted Answer

BANK OF NEW YORK MELLON CORPORATION, THE is included in the FDIC BankFind database. FDIC deposit insurance covers up to $250,000 per depositor per ownership category at insured institutions.