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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) - May 11, 1999
MELLON BANK CORPORATION
(Exact name of registrant as specified in charter)
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Pennsylvania 1-7410 25-1233834
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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One Mellon Bank Center
500 Grant Street
Pittsburgh, Pennsylvania 15258
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code - (412) 234-5000
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ITEM 5. OTHER EVENTS
By release dated May 11, 1999, Mellon Bank Corporation ("Mellon") and
U.S. Bancorp announced that they have signed an agreement for U. S.
Bank to acquire Mellon Network Services' electronic funds transfer
(EFT) processing unit. The transaction is expected to be completed by
the end of the second quarter of 1999, pending regulatory approvals.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MELLON BANK CORPORATION
Date: May 11, 1999 By: /s/ STEVEN G. ELLIOTT
Steven G. Elliott
Senior Vice Chairman and Chief
Financial Officer