Wilmington Savings Fund Society (Wilmington, Del.)
Biographical notes:
The Wilmington Savings Fund Society was established in 1831 as a "safe depository for the earnings of working people" which also promoted the opportunity for homebuilding and lending money for home mortgages. In 1832 the mutual savings bank was granted a state charter. It had no stockholders and its depositors received all profits earned. The bank grew steadily during the 19th century moving to a new headquarters building on Ninth and Market Streets in 1855. During the 1920s it began establishing branches in suburban areas, Dover, and Newark. In 1938 it became a state chartered savings bank with deposits insured by the FSLIC.
From the description of Records, 1831-1964. (Hagley Museum & Library). WorldCat record id: 122396820
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Subjects:
- Banks and banking
- Delaware
- Delaware
- Financial institutions
- Housing finance
- Mortgage banks
- Mortgages
- Saving and investment
- Savings accounts
- Savings and loan associations
- Savings banks
Occupations:
Places:
- Wilmington (Del.) (as recorded)
- Delaware (as recorded)
