Records, 1816-1980.

ArchivalResource

Records, 1816-1980.

The Provident Institution for Savings opened for business on 19 February 1817. Its purpose, according to its founders, was to promote thrift among men and women of limited means. Many customers were Irish immigrants. The signature books (1817-1882) list customers, residences, occupations, and places of birth. The papers and records of the Provident include: Publications about the bank, administrative records, financial records, customer records, investments, records of the corporation and trustees, records of the Weekly Committee, real estate, bills paid, and miscellaneous personal items, some of which belonged to one of the bank's founders, James Savage. The Shawmut Bank absorbed the Provident in 1992.

25 linear feet.

Information

SNAC Resource ID: 7416335

Related Entities

There are 2 Entities related to this resource.

Savage, James, 1784-1873

http://n2t.net/ark:/99166/w6zc8bxk (person)

James Savage received his A.B. from Harvard in 1803. From the description of [Student theme] , March 14, [1803]. (Harvard University). WorldCat record id: 77072623 ...

Provident Institution for Savings in the Town of Boston

http://n2t.net/ark:/99166/w6wt48rv (corporateBody)

First savings bank to be incorporated in the United States. From the description of Records, 1816-1980. (Boston Athenaeum). WorldCat record id: 39725596 Financial institution. Provident Institution for Savings was founded in 1816, largely at the insistence of John Cheverus, the Catholic Bishop of Boston, who wanted to provide for his parishioners. The bank was the first in the United States to be incorporated. From the description of Prov...