Shaw Systems Plays a Part in Citizens Bank’s Timely Acquisition of Mellon Financial
Citizens Financial Group completed the integration of Mellon Financial Corporation’s RETAIL, small business, and select middle-market banking operations in Pennsylvania, Delaware, and New Jersey six months earlier than originally planned. The complete integration of Mellon’s 345 branches included completion of the systems conversion, transitioning employees, introduction of new products, establishment of operational facilities and implementation of business models, according to a September 5 press release from the company.
Shaw Systems played an important role in the systems conversion portion of the acquisition. Shaw’s Client Services consultants and employees assisted Citizens Bank in the conversion of Mellon Bank-acquired assets.
In a letter to Citizens Bank employees, Larry Fish, Citizens Financial Group’s Chairman and CEO, congratulated all involved on “a hugely successful conversion.”