Press Release

The First American Corporation Selects BNY Mellon Asset Servicing as Global Custodian for its Subsidiaries

New York, Feb. 14, 2008 - BNY Mellon Asset Servicing, the global leader in asset servicing, has been selected by The First American Corporation to provide custody services for its subsidiaries including, First American Title Insurance Company, First American Property & Casualty Company, and United General Title Insurance Company.

“BNY Mellon has provided custody services for our First American Home Buyers Protection subsidiary and was the obvious choice when we needed a partner to provide services for the other businesses,” said Christopher Del Moral-Niles, treasurer of First American.  “This appointment will enable us to operate even more efficiently and streamline our operations.”

“Extending an existing relationship to include additional businesses is one of the highest endorsements that we can receive from a client,” said Patrick E. Curtin, executive vice president of BNY Mellon Asset Servicing and head of U.S. Asset Services.  

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.

The Bank of New York Mellon Corporation 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. The company 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 more than $20 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.

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