A Pioneer by Birth

Our history began on February 23, 1784, with a small advertisement in The New York Packet announcing plans to start New York's first bank. A meeting was held the next evening at which prominent New York citizens launched The Bank of New York, our earliest predecessor institution.

Alexander Hamilton, a highly respected New York attorney and future statesman, was enlisted to write the new bank's constitution. He became the individual most actively involved in the organization of The Bank of New York, guiding the Company through its early stages and leaving a lasting imprint on the organization it would become.

The new bank was the product of Hamilton's passion for economic advancement and his progressive and expansive vision for the nation in progress. By establishing New York's first bank, Hamilton was able to support the goals of the government, address the needs of the local merchants and residents and spur the growth and development of the community at large.

It was the start of a long tradition of thinking ahead, taking the lead and delivering strong results for our clients, shareholders and employees.