What is emigrant bank?
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Answer:
Officially called Emigrant Savings Bank, it is the largest privately owned bank in the country. Operating out of New York City, it offers virtually any product or service you could ever need whether business or personal.HistoryEmigrant Bank was founded in 1850 as a mutual savings bank by Irish immigrants. It was the largest savings bank in the country by 1920.Product OfferingsThrough various subsidiaries, Emigrant provides mortgages, commercial mortgages, investment services, fine art finance and business credit.Service AreaEmigrant Mortgage provides home loans in seven states in addition to New York. Commercial lending is available through Emigrant Funding Corp. in New York and four other states. Most other services are available nationwide.Personal Banking LocationsThere are multiple locations throughout New York City, however, in the rest of the country there are no branch locations.Online BankingEven if you live far from New York, anyone can open an account online. In addition, Emigrant Direct offers a high interest savings account which pays higher interest than traditional savings accounts.Source:http://www.emigrant.com/https://www.emigrantdirect.com/
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