About Dollar Bank
 Our
roots are deeply tied to the people, commerce and values of the western
Pennsylvania and northeastern Ohio regions. For
years, Dollar Bank has grown to become a large, full service, regional bank
serving both individuals and business customers. Today, Dollar Bank operates
more than 50 branch offices and loan centers throughout the Pittsburgh and
Cleveland metropolitan areas.
We are one of the largest independent mutual banks in the nation.* In this age
of mega mergers in the banking industry, Dollar Bank remains fiercely
independent and committed to providing the highest quality of banking services
to individuals and businesses for many more years to come. And as a mutual
institution, we have no stock to sell. As a well-capitalized bank, we have no
reason to sell. This means that consumers and businesses alike will continue to
find Dollar Bank as a viable option to meet their needs.
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It is through relationships developed and cultivated over six generations that
Dollar Bank is able to make an impact in our communities. We have grown large
enough to be an instrument of change for the businesses we serve, without
abandoning the personal service they have come to expect. Dollar Bank
recognizes that lending to area businesses spurs job growth, enhances the tax
base and strengthens the region's economic viability. Businesses both large and
small - and the community as a whole - have been the beneficiaries of our
sound, yet creative approaches to business lending.
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Key to the success of Business Banking at Dollar Bank is our people. You will
benefit from the services provided by experienced bankers, capable of managing
your accounts and developing an understanding of your business. This ongoing
relationship allows your banker to address your current financial needs and
assist you in anticipating future opportunities.
Relationship managers work closely with all key areas within Dollar Bank
including Business Financing, Real Estate Lending, Leasing, Cash Management
Services and Private Banking as your needs arise.
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At its core, banking has always been a business of responsibility and earning
the confidence of our customers. The leaders of Dollar Bank feel an intense
responsibility to remain independent and provide products and services that
grow out of understanding our customers' needs, both individual and business.
That's what has set Dollar Bank apart in the minds of our customers and has
made us one of the oldest continuously operating banks in our region. That's
what will carry Dollar Bank into the future.
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July 19, 1855
Charles Colton opens Pittsburgh Dollar Savings Institution. The first day's
deposits total $53.
September 4, 1858
Pittsburgh Dollar Savings Institution is renamed "The Dollar Savings Bank."
March 1871
Dollar Bank's Fourth Avenue Office opens.
1931
$1 million in cash is brought to the bank office floor to prove the
availability of customers' funds during the depression. The Bank never closed.
November 1, 1949
The first time Dollar Savings Bank has assets at book value of over $100
million.
June 29, 1961
Dollar Bank's first branch office opens in the Oliver Building.
November 30, 1964
Dollar Savings Bank enters the computer age with our first online system
transaction.
January 20, 1976
Pay-By-Phone is introduced as the first bill payment system of its kind in
Pennsylvania and second in the nation.
1976
The first time Dollar Savings Bank has $1 billion in assets.
July 14, 1976
Dollar Savings Bank's Fourth Avenue Office is declared a historic landmark.
1977
Dollar Savings Bank installs its first ATM machine.
1978
Free retail checking accounts (NOW accounts) are offered for the first time at
Dollar Savings Bank.
July 1981
Dollar Bank begins to offer accounts and services tailored to the needs of
businesses.
September 20, 1984
Dollar Bank acquires Continental Savings Bank and offers banking services to
the Cleveland, OH area.
1984
Dollar Savings Bank is renamed to "Dollar Bank".
1986
Dollar Bank begins offering term loans, lines of credit and credit cards.
January 18, 1994
The first Dollar Bank Loan Center is opened in Murrysville, PA
March 1994
Dollar Bank's Win-Win Home Equity Adjustable Rate Loan is launched and is the
first loan of its kind.
March 1997
Dollar Bank becomes the 16th bank in the country to offer Online Banking via
the Internet.
January 4, 1999
Dollar Bank initiates the Freedom ATM Allianceâ surcharge free network.
2000
Mortgages For Mothers seminars for low to moderate income individuals are
introduced.
2003
Dollar Bank reaches $5 billion in assets.
June 10, 2003
Dollar Bank starts using imaging technology to present checks and statements.
August 29, 2004
The 10th anniversary of the Dollar Bank Jamboree is celebrated.
January 2005
The Dollar Bank CD Ladder is launched as the first CD of its kind.
July 19, 2005
Dollar Bank celebrates 150 years!
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*Source: fdic.gov mutual institutions as of
09/30/05.
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