The Bank of New York Honored by New York ACORN

Apr 23, 2001, 01:00 ET from Bank of New York

    NEW YORK, April 23 /PRNewswire Interactive News Release/ -- The Bank of
 New York announced today that its Community Development Programs are being
 honored by the Association of Community Organizations for Reform Now of New
 York (New York ACORN).
     New York ACORN, at its 19th anniversary celebration to be held on April
 25, 2001, will also honor Mr. Charles King, former Regional Director of the
 U.S. Department of Housing and Urban Development and Ms. Randy Weingarten,
 President of the New York City Teachers' Union.  Merrill Lynch will host the
 event.
     "The Bank of New York is committed to serving the banking and credit needs
 of all of its communities," said Lloyd W. Brown, II, senior vice president of
 The Bank of New York's Community Development Division.  "Through partnering
 with community-based organizations engaged in affordable housing, economic
 development and human services, the Bank can provide products and services
 that have a meaningful impact on the revitalization of communities.  The
 Bank's relationship with New York ACORN is one of many successful partnerships
 which help communities remain vibrant and economically sound."
     The Bank of New York's relationship with New York ACORN began in 1987.  In
 addition to providing a grant to enhance affordable housing initiatives, the
 Bank is currently discussing other programs with New York ACORN.
     The Bank of New York's community development activities affect a large
 number of consumers and businesses throughout the greater New York City
 Metropolitan region, including the lower Hudson River Valley, northern New
 Jersey and southern Connecticut.  In 2000 its support for various
 community-based organizations increased by almost 50% over the prior year.
     The Bank of New York was founded in 1784 by Alexander Hamilton and is the
 nation's oldest bank.  It is the principal subsidiary of The Bank of New York
 Company, Inc. (NYSE:   BK), a financial holding company.  With over $73 billion
 in total assets as of March 31, 2001, the Company provides a complete range of
 banking and other financial services to corporations and individuals worldwide
 through its basic businesses, namely, Securities Servicing and Global Payment
 Services, Corporate Banking, BNY Asset Management and Private Client Services,
 Retail Banking, and Financial Market Services.  Additional information on the
 Company is available at http://www.bankofny.com.
 
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SOURCE Bank of New York
    NEW YORK, April 23 /PRNewswire Interactive News Release/ -- The Bank of
 New York announced today that its Community Development Programs are being
 honored by the Association of Community Organizations for Reform Now of New
 York (New York ACORN).
     New York ACORN, at its 19th anniversary celebration to be held on April
 25, 2001, will also honor Mr. Charles King, former Regional Director of the
 U.S. Department of Housing and Urban Development and Ms. Randy Weingarten,
 President of the New York City Teachers' Union.  Merrill Lynch will host the
 event.
     "The Bank of New York is committed to serving the banking and credit needs
 of all of its communities," said Lloyd W. Brown, II, senior vice president of
 The Bank of New York's Community Development Division.  "Through partnering
 with community-based organizations engaged in affordable housing, economic
 development and human services, the Bank can provide products and services
 that have a meaningful impact on the revitalization of communities.  The
 Bank's relationship with New York ACORN is one of many successful partnerships
 which help communities remain vibrant and economically sound."
     The Bank of New York's relationship with New York ACORN began in 1987.  In
 addition to providing a grant to enhance affordable housing initiatives, the
 Bank is currently discussing other programs with New York ACORN.
     The Bank of New York's community development activities affect a large
 number of consumers and businesses throughout the greater New York City
 Metropolitan region, including the lower Hudson River Valley, northern New
 Jersey and southern Connecticut.  In 2000 its support for various
 community-based organizations increased by almost 50% over the prior year.
     The Bank of New York was founded in 1784 by Alexander Hamilton and is the
 nation's oldest bank.  It is the principal subsidiary of The Bank of New York
 Company, Inc. (NYSE:   BK), a financial holding company.  With over $73 billion
 in total assets as of March 31, 2001, the Company provides a complete range of
 banking and other financial services to corporations and individuals worldwide
 through its basic businesses, namely, Securities Servicing and Global Payment
 Services, Corporate Banking, BNY Asset Management and Private Client Services,
 Retail Banking, and Financial Market Services.  Additional information on the
 Company is available at http://www.bankofny.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X35826327
 
 SOURCE  Bank of New York