Worcester County Institution for Savings

Opened June 11, 1828 by a distinguished group of men in Worcester, Mass., as an encouragement to young men and others to save a portion of their wages; first such organization in the country. By 1848 assets exceeded $1,000,000. Originally located in what is now the Central Exchange Building but later located on the corner of Foster and Main Street. Bank bought out by BankBoston in early 1990s.

From the description of Worcester County Institution for Savings collection, 1830s-1990s. (Unknown). WorldCat record id: 78464612