The Bank for Savings in the City of New-York, the first savings bank in the United States, opens.

Bank for Savings in the City of New-York

First savings bank in New York City (1819–1982)

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. It…