Select a region below to discover the ways in which large banks help support communities across the state.

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New York

Employees

103,959

New Small Business Loans

$3.96 billion

Home Mortgage Originations

$28.5 billion

Municipal Bond Underwriting

$26 billion

Total Deposits

$1.06 trillion

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Region: New York City

BNY Mellon Works to Revitalize Bronx Neighborhood

BNY Mellon has committed $286 million to help transform an underutilized strip of former industrial property in New York City’s Bronx borough into a bustling neighborhood with quality housing, open space, retail and other amenities to attract a mix of households with varying income levels. When complete, about 75 percent of the housing units will be for households at 60 percent or below the area median income.

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Region: New York City

JPMorgan Invests in Entrepreneurs of Color Fund

In 2018, JPMorgan Chase invested $2 million in an Entrepreneurs of Color Fund in the Bronx, with the goal of helping local, minority-owned small businesses grow in the city. The firm’s commitment will provide minority entrepreneurs with critical access to capital, while also recruiting additional investors to the new fund.

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Region: New York City

JPMorgan Funds Critical Transit Upgrades for New Yorkers

In 2019, JPMorgan Chase announced it will contribute to transit improvements near its midtown Manhattan headquarters. The bank will fund enhancements to Grand Central Terminal. JPMorgan has made it a priority to engage and collaborate to find ways to meet the needs of the neighborhood and the city.

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Region: New York City

Citi Helps New Yorkers with Disabilities Build Financial Security

In 2018, Citi provided $1 million to help New Yorkers with disabilities across the five boroughs build their financial security. EmpoweredNYC, a collaboration with the City of New York and the National Disability Institute, expands financial empowerment and economic inclusion for people living with disabilities. EmpoweredNYC is the first local program of the larger Empowered Cities initiative.

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Region: New York City

State Street Draws Attention to Importance of Greater Gender Diversity in Corporate America

In 2017, State Street installed the bronze Fearless Girl statue facing the iconic bronze Charging Bull statue on Wall Street. The Fearless Girl statue was commissioned by State Street Global Advisors to ignite a conversation about the power of women in leadership, and particularly to draw attention to the importance of having greater gender diversity on corporate boards and in company leadership positions.

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Region: New York City

BNY Mellon Partnership Strengthens Pipelines to Tech Careers for Students

In 2018 BNY Mellon partnered with the New York City Department of Education and the City University of New York to strengthen pipelines to tech careers for diverse and underserved students. The ‘Futures in Tech’ program connects BNY Mellon employee mentors with aspiring technologists and provides students with academic and college preparation training.

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Region: New York City

Goldman Sachs Supports New York Entrepreneurs

In 2019 Goldman Sachs provided $5 million to finance lines of credit to women entrepreneurs in New York City through their 10,000 Small Businesses initiative. The program will provide up to 250 women access to affordable lines of credit to start, grow, and sustain their businesses.

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Region: New York City

Goldman Sachs’ Impact Investing Supports Revitalization of Brooklyn Navy Yard

In 2018, Goldman Sachs continued its long-term support of the revitalization of the Brooklyn Navy Yard by investing $35 million in renovations. These funds are supporting the building of a 95,000 square-foot manufacturing center, which will help the Navy Yard add 10,000 jobs by 2020. The project has become a blueprint for revitalizing urban manufacturing while simultaneously creating jobs.

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Region: Albany

Wells Fargo’s Philanthropic Contributions in New York

In 2018, Wells Fargo donated more than $18.3 million through 318 grants to local nonprofits, schools, and organizations to help the communities and people of New York. When combined with the $4 million donated by employees, nonprofits in the state received a total of $22.3 million from Wells Fargo and its team members in 2018.

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Region: Syracuse

JPMorgan Grant Facilitates Inclusive Growth in Syracuse

As part of its AdvancingCities challenge, JPMorgan awarded a $3 million grant to the Syracuse Surge: Blueprint for Inclusive Growth. The city plans to use the investment to help residents, businesses, and communities in Syracuse’s southern Downtown district and Southside neighborhoods by attracting, expanding, and incubating technology businesses.

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Region: Rochester

Citi Investment Supports Inclusive Growth in Rochester

As part of its City Accelerator program, Citi Foundation granted $500,000 to five U.S. cities in 2018, including Rochester. The program is designed to help strengthen local minority-owned businesses and create jobs. Citi Foundation’s investment in Rochester will help the city develop strategies and policies to create an inclusive ecosystem that provides residents the opportunity to build a brighter future through business ownership.

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Region: Hauppauge

Citi Bank Creates First Island-Wide Community Land Trust

With seed funding from Citi, the Long Island Housing Partnership (LIHP) has created the first Island-wide community land trust (CLT), increasing access to permanently affordable homeownership for low-income, first-time homebuyers. Through the CLT, LIHP has acquired foreclosed properties through direct purchase and transfer from municipalities and the state. These properties are being renovated, redeveloped, and then sold to eligible purchasers and LIHP provides homeownership training to the buyers to help prepare them for the responsibilities.

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For more information on our member banks' impact in New York, please contact us at: