Savings Bank Serving Private Individuals

The place was Brunswick, Germany, in 1765, the first savings bank was opened to begin serving private individuals, rather than dealing with businesses or municipalities like other banks.

Date:
      1765
Location:
      Brunswick, Germany


Additional Information:

  • Savings bank – Wikipedia
    A savings bank is a financial institution whose primary purpose is accepting savings deposits … There was a savings bank in Hamburg, Germany, in 1778 and in Berne, Switzerland, in 1787. The first English savings bank was established in 1799, and postal savings banks were started in England in 1861. The first chartered …
  • Ostsächsische Sparkasse Dresden – Wikipedia
    Ostsächsische Sparkasse Dresden is a German public bank, a type of savings bank based in Dresden, Saxony. It is the largest savings bank in eastern Germany and it is the seventh-largest savings bank in the Federal Republic of Germany in terms of … On February 3, 1821, the first savings bank was opened in the city of …

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