Union Dime Savings Bank was originally chartered in 1859 in
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
, USA. By the time of bank deregulation in 1979 it was starting to suffer losses. With the direction of the
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures cred ...
, it was acquired by Buffalo Savings Bank and, along with the New York Bank for Savings, became part of the renamed Goldome. In 1990,
Manufacturers Hanover Trust
Manufacturers Hanover Corporation was the bank holding company formed as parent of Manufacturers Hanover Trust Company, a large New York bank formed by a merger in 1961. After 1969, Manufacturers Hanover Trust became a subsidiary of Manufa ...
bought $2.8 billion in deposits in 24 New York City branches for $27.7 million. By late 1991, Goldome failed and its New York assets were sold to Manufacturers Hanover Trust and the
East New York Savings Bank.
An exhibition by
Siri Berg
Siri Berg (September 14, 1921 – April 8, 2020) was a Swedish-born American abstract artist and teacher. Berg's work is included in the permanent collection of the Guggenheim Museum in New York, as well as the National Museum of American Jewish ...
based on
Arthur Schnitzler
Arthur Schnitzler (15 May 1862 – 21 October 1931) was an Austrian author and dramatist.
Biography
Arthur Schnitzler was born at Praterstrasse 16, Leopoldstadt, Vienna, capital of the Austrian Empire (as of 1867, part of the dual monarchy ...
's ''Reigen'' or ''
La Ronde La Ronde may refer to:
Geography
* La Ronde, Charente-Maritime, a commune in the Charente-Maritime ''département'', France
* La Ronde River, on the Caribbean island of Dominica
*La Ronde (amusement park), Montreal, Quebec, Canada
*A La Ronde, an ...
'' became a permanent installation of Union Dime Savings Bank.
References
{{Reflist
* ''New York Times'', November 29, 1990
Defunct banks of the United States
Banks established in 1859
Banks with year of disestablishment missing
1859 establishments in New York (state)