EMIGRANT BANK

Emigrant Bank, originally established as Emigrant Savings Bank on September 30, 1850, has undergone several significant changes throughout its history. In 1979, it expanded its portfolio by acquiring Prudential Savings Bank in New York City. The institution transitioned to a stock savings bank in 1986 and, in 1992, acquired Dollar Dry Dock Bank located in White Plains, New York. Emigrant Bank underwent a rebranding in 2005, changing its name from New York Private Bank & Trust and relocating its main office to 5 East 42nd Street in New York City. Following this, on December 31, 2012, it acquired multiple branches of Emigrant Savings Bank in the Bronx, Brooklyn, Queens, Manhattan, and Long Island. On October 1, 2023, Emigrant Bank merged and became part of Emigrant Bank in Miami, Florida, signifying a new chapter in its operational history.

Below is a list of some important events in banks history, including mergers and acquisitions.

DATEEVENT

1850-09-30Institution established. Original name: Emigrant Savings Bank.

1979-03-23Acquired Prudential Savings Bank in New York City, NY.

1986-12-31Changed Organization Type to Stock Savings Bank.

1992-02-21Acquired Dollar Dry Dock Bank in White Plains, NY.

2004-10-07Changed Trust Powers to Full.

2005-09-01Changed Institution Name to New York Private Bank & Trust.

2005-09-01Main Office moved to 5 East 42nd Street, New York, Ny 10017.

2005-12-13Changed Institution Name to Emigrant Bank.

2012-12-31Acquired Emigrant Savings Bank - Long Island in Westbury, NY.

2012-12-31Acquired Emigrant Savings Bank - Manhattan in New York, Ny.

2012-12-31Acquired Emigrant Savings Bank - Brooklyn/Queens in Brooklyn, NY.

2012-12-31Acquired Emigrant Savings Bank - Bronx/Westchester in Bronx, NY.

2023-10-01Changed Institution Name to Emigrant Bank.

2023-10-01Merged and became part of Emigrant Bank in Miami, FL.