15 Facts About Dollar Bank

Dollar Bank is a full-service regional savings bank serving both individuals and business customers, operating more than 70 offices throughout Pennsylvania, Ohio, and Virginia.

Dollar Bank is one of the few U S banks that has a mutual structure: It is owned by its depositor base customers, not by outside shareholders.

From Dollar Bank's founding in July 1855, the bank made no restrictions on who could open a savings account.

Dollar Bank was one of thirty founding members of the Colored United Brethren of Mutual Relief, a mutual aid society founded in 1843 in the Hill District.

Dollar Savings Bank grew deposits from $44 million in 1930 to $56 million in 1940.

Related searches

Dollar Savings Bank was the first bank in Pennsylvania and among the first ten in the nation to use an online teller accounting system.

Dollar Savings Bank installed its first automated teller machine in 1977 and in 1978 free retail checking accounts, called "NOW accounts", were offered for the first time.

Dollar Bank began offering term loans, lines of credit and Credit cards in 1986.

Dollar Bank became the 16th bank in the country to offer online banking via the Internet in March 1997.

In July 2012, Dollar Bank was the first financial institution in the region to release video personal teller machines.

Dollar Bank previously served as the bank's Executive Vice President of Retail Banking.

Dollar Bank will retain all Bank @lantec employees and will continue to operate all four Virginia bank offices.

Dollar Bank will retain all Progressive-Home Federal Savings and Loan employees and will continue to operate the two branch offices in Allentown and Dormont.

In 2021, Dollar Bank announced that it had agreed to merge with Standard Bank.

Dollar Bank serves the needs of small businesses, large companies and corporations with a combination of financial tools and personal service.