Dollar Savings Bank facts for kids
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Dollar Savings Bank Headquarters
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Intersection of 3rd Ave and E 147th St
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 Location in New York City
Location in New York
Location in the United States
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| Location | 2792 3rd Ave, the Bronx |
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| Architect | Renwick, Aspinwall & Tucker |
| Architectural style | Classical Revival |
| NRHP reference No. | 11000228 |
Quick facts for kids Significant dates |
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| Added to NRHP | April 27, 2011 |
The Dollar Savings Bank of New York was a bank that helped people save money in New York City. It was open for many years, from 1890 until 2004.
The Story of Dollar Savings Bank
The Dollar Savings Bank of New York first opened its doors on June 23, 1890. It was created to help people in New York City save their earnings.
In February 1983, the bank faced some big challenges. To help it stay strong, the Federal Deposit Insurance Corporation (FDIC) and the New York State Banking Department stepped in. They helped the Dollar Savings Bank join with another bank called Dry Dock Savings Bank. Together, they formed a new bank called Dollar Dry Dock Savings Bank. This was like two companies merging to become one bigger company.
Later, on February 21, 1992, the bank and its 21 branches (which are like smaller offices of the bank) were taken over. The New York State Banking Department and the FDIC managed this process. Most of the branches, 20 of them, were bought by Emigrant Savings Bank. The last branch, located in Flushing, was bought by Apple Bank for Savings.
Even though the bank itself is no longer open, its main building is still important. In 2011, the old headquarters building in the Bronx was added to the National Register of Historic Places. This means it's a special place recognized for its history and architecture.
