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Home Press Releases

BNY Increases Prime Lending Rate to 7.00%

Cision PR Newswire by Cision PR Newswire
September 16, 2026
in Press Releases
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NEW YORK, Sept. 16, 2026 /PRNewswire/ — The Bank of New York Mellon Corporation (“BNY”) (NYSE: BNY), a global financial services company, today announced that it will increase the Prime Lending Rate by 0.25%, from 6.75% to 7.00%, effective Thursday, September 17, 2026.

BNY

About BNY
BNY is a global financial services platforms company at the heart of the world’s capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of June 30, 2026, BNY oversees $62.6 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

Contacts:
Media
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com 

Analysts
Marius Merz
+1 212 298 1480
marius.merz@bny.com 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-increases-prime-lending-rate-to-7-00-302881066.html

SOURCE BNY

Cision PR Newswire

Cision PR Newswire

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