NEW YORK, November 10 2009 — BNY Mellon Capital Markets today announced that its brokered CD placements have passed the $100 million milestone. Coming less than three months following the program's launch, BNY Mellon Capital Markets' successful debut as a provider of primary brokered CD solutions follows extensive participation in the secondary brokered CD market.

"Brokered CDs represent an important and timely addition to the products and services that BNY Mellon businesses provide to client banks," said Gary Strumeyer, President of BNY Mellon Capital Markets. "This is a perfect example of how our abilities and experience, combined with BNY Mellon's stability and financial strength, enable us to add value to client relationships."

Brokered CDs have become a valuable way for issuing banks to raise deposits and thereby fund loan growth, increase liquidity or decrease their dependency on wholesale markets. BNY Mellon Capital Markets entered the brokered CD space as an originating broker for primary issues late last year, assembling a team with nationally recognized product expertise, trading and client service capabilities. Leveraging its financial and operational strengths to make brokered CDs a more accessible solution to a broad range of banks, from community banks to super-regionals and national institutions, BNY Mellon Capital Markets has already handled repeat placements on behalf of several clients.

A full-service securities broker-dealer subsidiary of BNY Mellon specializing in underwriting and sales and trading services, BNY Mellon Capital Markets, LLC (member FINRA, SIPC) is the partner of choice for institutional and high-net-worth investors seeking efficient execution, industry expertise with timely and relevant marketing commentary, and a collaborative relationship. Providing services tailored to large public and private corporations and various governmental and not-for-profit entities, BNY Mellon Capital Markets has been in operation for 25 years and serves more than 5,000 clients from offices in New York, New Jersey and Pennsylvania.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.