Emigrant Savings Bank
Emigrant Savings Bank is the oldest savings bank in New York City and the largest privately owned bank in the country. As of December 2007[update], Emigrant has 35 branches located in the New York metro area and has assets of $14.3 billion. It also offers an account called Dollar Savings Direct, which offers a relatively high floating interest rate but requires a $1,000 minimum deposit.
The bank was founded in 1850 by 18 members of the Irish Emigrant Society with the goal of serving the needs of the immigrant community in New York. The headquarters used to be at the Former Emigrant Industrial Savings Bank on Chambers Street. Emigrant Savings collected extensive records of the arriving Irish immigrants to America, which were later donated to the New York Public Library and serve as valuable genealogical resources.
In 1986, The Emigrant Savings Bank converted from a mutual to a stock savings bank following several years of loss in an unfavorable environment. The bank increased its online presence with the introduction of the virtual bank Emigrant Direct in 2005.
- ^ a b "About us". Emigrant Savings Bank. http://www.emigrant.com/aboutus.shtml. Retrieved 2008-07-26.
- ^ "Learn more". EmigrantDirect. https://www.emigrantdirect.com/EmigrantDirectWeb/index.jsp. Retrieved 2011-09-19.
- ^ "Rich Information from the Emigrant Savings Bank". http://www.ancestry.com/learn/library/article.aspx?article=9800. Retrieved 3 July 2011.
- ^ "The 400 Richest Americans". Forbes. http://www.forbes.com/lists/2007/54/richlist07_The-400-Richest-Americans_NameProper_10.html. Retrieved 2008-09-15.
Wikimedia Foundation. 2010.
Look at other dictionaries:
Dollar Savings Bank — See also: Dollar Bank South Bronx Dollar Savings Bank was founded in The Bronx, New York City in 1890. It went through a series of name changes and mergers, including a merger with the Dry Dock Savings Bank of New York, which formed Dollar Dry… … Wikipedia
Dollar Dry Dock Savings Bank — was a savings bank that operated in New York from 1983 to 1992. History The bank was formed in 1983 by the merger of Dollar Savings Bank, Bronx, New York and Dry Dock Savings Bank, New York City. At the time of the merger, Dollar Savings Bank had … Wikipedia
Emigrant Aid Societies — • Details of several organizations, the earliest being the Charitable Irish Society of Boston, Massachusetts, founded 17 March, 1737 Catholic Encyclopedia. Kevin Knight. 2006. Emigrant Aid Societies Emigrant Aid Societies … Catholic encyclopedia
Emigrant Bank Building — Das Gebäude im Jahr 2009 Das Emigrant Bank Building ist ein von 1908 bis 1912 erbautes Gebäude in New York City. Es liegt an der Chambers Street und wurde von Raymond F. Almirall entworfen. Geschichte Die Emigrant Bank wurde ursprünglich im Jahr… … Deutsch Wikipedia
New York Private Bank & Trust — Corporation is a bank holding company headquartered in New York City. Howard Milstein is the Chairman, President Chief Executive Officer. As of early 2007, it had $17.3 billion in assets and was the 50th largest bank holding company in the United … Wikipedia
Philadelphia Savings Fund Society — Former type Public Industry Savings bank Fate Dissolved Succ … Wikipedia
New York Private Bank & Trust Corp. — New York Private Bank Trust Corporation is a bank holding company headquartered in New York City. As of early 2007, it had $17.3 billion in assets and was the 50th largest bank holding company in the United States. [cite web… … Wikipedia
Virtual bank — A virtual bank is a bank with a very small or nonexistent branch network. It offers its financial services by: * Telephone banking * Online banking * Automated teller machines (often through interbank network alliances) * Mail banking * Mobile… … Wikipedia
MILSTEIN — MILSTEIN, U.S. family with vast interests in real estate, banking, and philanthropy. SEYMOUR MILSTEIN (1920–2001) was born in New York City and graduated from New York University. His father, Morris, had founded Circle Floor Company, which… … Encyclopedia of Judaism
NEW YORK CITY — NEW YORK CITY, foremost city of the Western Hemisphere and largest urban Jewish community in history; pop. 7,771,730 (1970), est. Jewish pop. 1,836,000 (1968); metropolitan area 11,448,480 (1970), metropolitan area Jewish (1968), 2,381,000… … Encyclopedia of Judaism