Emigrant Savings Bank, Long Island
Emigrant Savings Bank, Long Island
1000 Merchants Concourse
Westbury, NY
Phone: 516-832-8020
Emigrant Bank was founded by Irish emigrants as a mutual savings bank in 1850. By the 1920s it had grown to become the largest savings bank in the nation.
As of December 31, 2008, Emigrant Bank and its affiliated Regional Banks* has approximately $14.7 billion in assets and nearly $800 million in net worth, operating through 34 branches in the New York metropolitan area.
As a traditional savings bank, Emigrant Bank, through its mortgage banking subsidiary, Emigrant Mortgage Company, is licensed to originate home loans in New York and 20 other states. Emigrant Bank's wealth management division, New York Private Bank & Trust, has its own deposit products starting at $2,000,000. Emigrant Bank is regulated by both State and Federal regulators. All deposits are insured by the FDIC up to the legal limit.
Copyright © 1999, Emigrant Savings Bank
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