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Great American Bank was an American savings and loan association based in San Diego. [1] It was founded in 1885 as San Diego Building and Loan Association, the first savings and loan in Southern California. [2] Until the 1980s, it operated as San Diego Federal Savings and Loan Association. Federal regulators seized and disbanded the bank in 1991.
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The Provident Institution for Savings was originally chartered by the State of New Jersey in 1839, becoming the first mutual savings bank in the history of the state. [2] [3] The first President was John F. Ellis from 1839 to 1841. [4] Co-founder Dudley S. Gregory became President in 1841 and held the job until his retirement in 1874. [2]
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Founded in 1816, the Philadelphia Saving Fund Society was the first savings bank to organize and do business in the United States. [2] [3] Savings banks had existed in Europe for years and in the early 1810s had grown rapidly through Great Britain.
Dollar Savings Bank was the first bank in Pennsylvania and among the first ten in the nation to use an online teller accounting system. On April 1, 1975, Dollar Savings Bank launched Pay-By-Phone, a fully automated bill payment service for savings account customers. The system was the first in Pennsylvania and the second in the United States. [6]
The Bank for Savings in the City of New-York (1819–1982) was one of the earliest banks in the United States and the first savings bank in New York City. Founded in 1816, it was first advertised as "a bank for the poor". It was merged with the Buffalo Savings Bank in 1982. [1] It failed in 1991 and is no longer in existence. [2]
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