Dollar Savings Bank
Dollar Savings Bank of New York was a bank that operated in New York City between 1890 and 2004.
Dollar Savings Bank Headquarters | |
 Intersection of 3rd Ave and E 147th St | |
  Location in New York City  Dollar Savings Bank (New York)  Dollar Savings Bank (the United States) | |
| Location | 2792 3rd Ave, the Bronx |
|---|---|
| Coordinates | 40°48′54″N 73°55′8″W |
| Architect | Renwick, Aspinwall & Tucker[1] |
| Architectural style | Classical Revival[1] |
| NRHP reference No. | 11000228[2] |
| NYCL No. | 2370 |
| Significant dates | |
| Added to NRHP | April 27, 2011 |
| Designated NYCL | January 12, 2010 |
History
Dollar Savings Bank of New York was formed on June 23, 1890.[3]
In February 1983, after it was on the verge of bank failure, the Federal Deposit Insurance Corporation and the New York State Banking Department arranged for a merger of the bank with Dry Dock Savings Bank to form Dollar Dry Dock Savings Bank.[3]
On February 21, 1992, the bank and its 21 branches were seized by the New York State Banking Department with the Federal Deposit Insurance Corporation named as receiver. Emigrant Savings Bank bought 20 of the branches and the Flushing branch was purchased by Apple Bank for Savings.[3][4]
In 2011, the headquarters building in the Bronx was listed on the National Register of Historic Places.[2]
References
- Landmarks Preservation Commission. "(Former) Dollar Savings Bank" (PDF). City of New York. Archived from the original (PDF) on June 4, 2011. Retrieved September 3, 2014.
- "National Register of Historic Places listings for May 6, 2011". National Park Service. May 6, 2011.
- "Institution History for DOLLAR DRY DOCK BANK (26103)". Federal Financial Institutions Examination Council.
- QUINT, MICHAEL (February 22, 1992). "Dollar Dry Dock Bank Shut". The New York Times.
