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The Old Bank

The Old Bank
The Old Bank
The Old Bank
The Old Bank
The Rochester Savings Bank
and its Presidents and Trustees from 1831 to 1983

This book chronicles the dynamic life span of an important Rochester institution, a mutual savings bank, that by definition, was owned by its depositors and operated for their benefit. At one time in the U.S., there were more than 4,000 savings banks most having started in the 1800s. By 1990, many of these had dissolved, since they had achieved what they were created to do, and eventually fell prey to the changing and frequently unstable economic times. It also chronicles the contribution of some of the Presidents and Trustees to the Rochester community.

 


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Overview

This book chronicles the dynamic life span of an important Rochester institution, a mutual savings bank, that by definition, was owned by its depositors and operated for their benefit. At one time in the U.S., there were more than 4,000 savings banks most having started in the 1800s. By 1990, many of these had dissolved, since they had achieved what they were created to do, and eventually fell prey to the changing and frequently unstable economic times. It also chronicles the contribution of some of the Presidents and Trustees to the Rochester community.

 

“Long-time RSB trustee Jim Duffus has gathered the lineage of RSB’s ‘movers and shakers’ in this authoritative book. Readers will enjoy a unique view of an interesting part of Rochester’s history through his tireless efforts.” 
Bruce B. Bates 
Senior Vice President, Morgan Stanley Smith Barney LLC 
and a celebrated community leader

 

“The author writes with deep feeling for the great institution and the people who were the Rochester Savings Bank. He dramatizes its life and death and the 152 years in between.” 
David T. Kearns 
Former CEO of Xerox Corporation and 
Deputy Secretary of the U. S. Department of Education

 

 

Details

Publisher: RIT Press (02/2010)
ISBN-13: 978-1-933360-41-6
Binding: Softcover
Pages: 108
Illustrations: Black and White
Size: 6 in. x 9 in.
Shipping Weight: 0.4lb

Press Releases

“Long-time RSB trustee Jim Duffus has gathered the lineage of RSB’s ‘movers and shakers’ in this authoritative book. Readers will enjoy a unique view of an interesting part of Rochester’s history through his tireless efforts.” 
Bruce B. Bates 
Senior Vice President, Morgan Stanley Smith Barney LLC 
and a celebrated community leader

“The author writes with deep feeling for the great institution and the people who were the Rochester Savings Bank. He dramatizes its life and death and the 152 years in between.” 
David T. Kearns 
Former CEO of Xerox Corporation and 
Deputy Secretary of the U. S. Department of Education

 

Table of Contents

Dedication 7 
Preface 8 
Acknowledgments 10 
Chapter One: Setting the Stage 13 
Chapter Two: The Erie Canal and the Flour City Years 15 
Chapter Three: The Flower City and the Civil War Years 31 
Chapter Four: The Maturing Years: 44 The “City of Many Industries” Becomes the “Home of Quality Products” 
Chapter Five: Rochester’s Golden Era 56 
Chapter Six: The Depression Years and World War II 63 
Chapter Seven: The War Ends but Trouble Looms 69 
Chapter Eight: Trouble Arrives 82 
Chapter Nine: Concluding Thoughts 88 
Timeline 90 
Bibliography 95 
Sources 97 
Trustees 98 
Index 101