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Apple Bank
Apple Bank for Savings is a savings bank headquartered in Manhasset, New York and operating in the New York metropolitan area.
The company was founded in 1863 as the Haarlem Savings Bank by a group of local merchants as a community-based mutual savings bank. Harlem at the time was a suburban village - it was not part of New York City until 1873 - and the bank's first location on 3rd Avenue between 125th and 126th Streets was surrounded by farms and undeveloped lots. In 1869, the bank moved to a building of its own construction on 3rd Avenue and 124th Street. The Harlem Savings Bank building was listed on the National Register of Historic Places in 2003.
In 1907, the bank moved its headquarters to 124 E. 125th St.
In 1932, in the first years of the Great Depression, the bank acquired Commonwealth Savings Bank and its 2 branches. The branches were on 157th Street and 180th Street in Washington Heights, Manhattan. In 1933, the bank dropped the double 'a' from its name to match the now-standard spelling of the neighborhood's name: Harlem.
In 1966, the bank opened a branch in Manhasset, New York, on Long Island as the population growth shifted to the suburbs. In 1968, the bank moved its headquarters from Harlem to 42nd Street.
In 1981, in a deal organized by the Federal Deposit Insurance Corporation that included a $160 million grant from the agency, the bank acquired the troubled Central Savings Bank. Created as the German Savings Bank in 1858, Central Savings Bank counted Daniel F. Tiemann, then Mayor of New York, as a charter member and operated out of the Cooper Union building before moving to a location at 14th Street and 4th Avenue in 1864.
The acquisition gave the bank an additional seven branches including the Apple Bank Building at 2112 Broadway between West 73rd and West 74th Streets, a designated historic landmark designed by York and Sawyer in the Palazzo style of Renaissance Revival architecture, as well as two branches in Nassau County on Long Island.
In the 1970s and early 1980s, the bank continued to expand into the suburbs outside New York City. To reflect its geographic expansion, the bank changed its name to Apple Bank in May 1983.
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Apple Bank
Apple Bank for Savings is a savings bank headquartered in Manhasset, New York and operating in the New York metropolitan area.
The company was founded in 1863 as the Haarlem Savings Bank by a group of local merchants as a community-based mutual savings bank. Harlem at the time was a suburban village - it was not part of New York City until 1873 - and the bank's first location on 3rd Avenue between 125th and 126th Streets was surrounded by farms and undeveloped lots. In 1869, the bank moved to a building of its own construction on 3rd Avenue and 124th Street. The Harlem Savings Bank building was listed on the National Register of Historic Places in 2003.
In 1907, the bank moved its headquarters to 124 E. 125th St.
In 1932, in the first years of the Great Depression, the bank acquired Commonwealth Savings Bank and its 2 branches. The branches were on 157th Street and 180th Street in Washington Heights, Manhattan. In 1933, the bank dropped the double 'a' from its name to match the now-standard spelling of the neighborhood's name: Harlem.
In 1966, the bank opened a branch in Manhasset, New York, on Long Island as the population growth shifted to the suburbs. In 1968, the bank moved its headquarters from Harlem to 42nd Street.
In 1981, in a deal organized by the Federal Deposit Insurance Corporation that included a $160 million grant from the agency, the bank acquired the troubled Central Savings Bank. Created as the German Savings Bank in 1858, Central Savings Bank counted Daniel F. Tiemann, then Mayor of New York, as a charter member and operated out of the Cooper Union building before moving to a location at 14th Street and 4th Avenue in 1864.
The acquisition gave the bank an additional seven branches including the Apple Bank Building at 2112 Broadway between West 73rd and West 74th Streets, a designated historic landmark designed by York and Sawyer in the Palazzo style of Renaissance Revival architecture, as well as two branches in Nassau County on Long Island.
In the 1970s and early 1980s, the bank continued to expand into the suburbs outside New York City. To reflect its geographic expansion, the bank changed its name to Apple Bank in May 1983.