1857

Emigrant Industrial Savings Bank

1857 — Seventh Largest Savings Bank in New York City

• By 1857, the EISB holds assets of $1.37 million and ranks as the city's seventh largest savings bank. The bank also purchases shares offered by the Central Park Commission for the public park.
• Source: http://Encyclopedia.com, "Emigrant Savings Bank" — https://www.encyclopedia.com/books/politics-and-business-magazines/emigrant-savings-bank
• Quote: "By 1857, it was the city's seventh largest savings bank, with assets of $1.37 million." — http://Encyclopedia.com