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About Dollar Bank

Historical Timeline

January 6, 2014
Dollar Bank opens our new and improved Monroeville Office & Loan Center in Monroeville, PA.
June 5, 2013
Two new exact replica lions, created by Master Carver Nicholas Fairplay are unveiled at the exterior entrance of Dollar Bank's Fourth Avenue Building.
November 19, 2012
Dollar Bank opens our Robinson Township Office & Loan Center in Pittsburgh, PA.
July 30, 2012
Dollar Bank is the first to bring video teller services to Pittsburgh.
May 8, 2012
Mobile Remote Deposit is introduced at Dollar Bank.
February 18, 2012
After being restored, the original Max Kohler carved lions are returned and placed in the interior of Dollar Bank's Fourth Avenue Building.
January 23, 2012
Dollar Bank opens our new Beachwood Office and Private Banking Center in Beachwood, Ohio.
November 11, 2011
A new wall mural in the Dollar Bank Oliver Office highlights the architectural features of the original 1910 Henry W. Oliver Building.
September 12, 2011
Dollar Bank’s South Hills Office relocates a newly constructed stand alone building.
September 6, 2011
Dollar Bank opens our Market Square Office in downtown Pittsburgh, PA.
August 22, 2011
Dollar Bank’s North Olmsted Loan Center is converted to full-service office.
December 21, 2010
Dollar Bank creates a Smartphone App for the Android™ Market.
November 24, 2010
Dollar Bank creates a Smartphone App compatible with the Blackberry®.
November 22, 2010
Dollar Bank’s Lebanon Shops Office is renovated and a drive-thru was added.
November 10, 2010
Dollar Bank opens our Avon Office & Loan Center.
July 14, 2010
Dollar Bank creates our first Smartphone App for the Apple iPhone®.
April 5, 2010
Dollar Bank opens our Peters Township Office.
January 11, 2010
Dollar Bank opens our North Huntingdon Office & Loan Center in Irwin, PA.
October 8, 2009
Dollar Bank opens our first stand-alone office, exclusively for Private Banking customers in Hudson, OH
September 21, 2009
Dollar Bank opens our South Side Office and Loan Center.
September 12, 2009
Dollar Bank launches restoration project of Fourth Avenue Building and lions.
June 2009
Dollar Bank sponsors the Main Music Stage at the Three Rivers Arts Festival, a division of the Pittsburgh Cultural Trust during the 50th anniversary of the festival.
March 11, 2009
Dollar Bank provides Reverse Mortgages to offer financial help to senior citizens.
To learn more about Reverse Mortgages click here.
November 24, 2008
Dollar Bank opens our Pine Township Office and Loan Center in Wexford, PA.
August 1, 2008
Dollar Bank unveils our Cleveland Regional Showcase at The Galleria, an LED Screen displaying the activities of northeastern Ohio’s cultural, educational, healthcare, manufacturing, nonprofit and other sectors
July 28, 2008
Dollar Bank unveils our new headquarters at The Galleria in Cleveland, OH.
June 5, 2008
Dollar Bank is the first to offer Mobile Online Banking to our customers.
June 2007
Dollar Bank participates in GuitarMania®, a Greater Cleveland Community public art project that raised more than $1.6 million.
June 19, 2007
Dollar Bank is the first to offer Text Message Banking.
June 5, 2007
Dollar Bank elects Robert Oeler, a 34-year employee, the new President and CEO.
June 4, 2007
Dollar Bank's office in Mayfield Heights, OH opens.
May 2007
Stephen Hansen, 29 year President and CEO of Dollar Bank, retires.
April 19, 2007
Dollar Bank announces the promotion of Andrew D. Devonshire to President, Dollar Bank Ohio.
2007
Dollar Bank provides construction financing for the August Wilson Center as part of a local bank consortium.
December 11, 2006
Dollar Bank opens an office and loan center in Pleasant Hills, PA.
July 19, 2005
Dollar Bank celebrates 150 years!
July 5, 2005
Dollar Bank opens an office in Stow, OH.
May 2, 2005
Dollar Bank opens an office and loan center in Murrysville, PA.
January 2005
The Dollar Bank CD Ladder is launched as the first CD of its kind.
August 29, 2004
The 10th anniversary of the Dollar Bank Jamboree is celebrated.
April 26, 2004
Dollar Bank opens a Loan Center in North Olmsted, OH.
March 8, 2004
A Dollar Bank Loan Center opens in Avon, OH.
Summer 2003
Dollar Bank participates in DinoMite Days, a citywide art event put together by the Carnegie Museum of Natural History and the City of Pittsburgh, by sponsoring two "piggy bank" pink dinosaurs.
June 10, 2003
Dollar Bank starts using imaging technology to present checks and statements.
May 8, 2003
Dollar Bank introduces high definition, multimedia video screens to the Pittsburgh Region at the David Lawrence Convention Center. The Region In Motion, Regional Gallery and the Regional Showcase highlight the region’s history, culture, people, natural resources and amenities.
2003
Dollar Bank reaches $5 billion in assets.
2000
Mortgages For Mothers seminars for low to moderate-income individuals are introduced.
January 4, 1999
Dollar Bank initiates the Freedom ATM Alliance surcharge free network.
April 1998
Dollar Bank becomes a permanent part of US history when our Online Banking service is inducted into the 1998 Computerworld Smithsonian Innovation Collection.
March 1997
Dollar Bank becomes the 17th bank in the country to offer Online Banking via the Internet.
July 1994
Dollar Bank presents the first ever Dollar Bank Jamboree, a free concert, with proceeds from food, drink and promotional sales benefiting the Boys & Girls Clubs of Western PA and City of Cleveland Department of Parks, Recreation & Properties.
March 1994
Dollar Bank's Win-Win Home Equity Adjustable Rate Loan is launched and is the first loan of its kind.
January 18, 1994
The first Dollar Bank Loan Center is opened in Murrysville, PA.
1986
Dollar Bank begins offering term loans, lines of credit and credit cards.
September 20, 1984
Dollar Bank acquires Continental Federal Savings & Loan Bank and offers banking services to the Cleveland, OH area.
1984
Dollar Savings Bank is renamed to "Dollar Bank".
July 1981
Dollar Bank begins to offer accounts and services tailored to the needs of businesses.
1978
Free retail checking accounts (NOW accounts) are offered for the first time at Dollar Savings Bank.
1977
Dollar Savings Bank installs our first ATM machine.
July 14, 1976
Dollar Savings Bank's Fourth Avenue Building is listed on the National Register of Historic Places.
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.
November 30, 1964
Dollar Savings Bank enters the computer age with our first online electronic bank accounting system. The first in Pennsylvania and one of the first ten in the country.
June 29, 1961
Dollar Savings Bank's first branch office opens in the Oliver Building.
1960s
Dollar Savings Bank’s Fourth Avenue Building’s skylights were filled in, the interior was repainted and the teller counter was altered to make it one level surface.
1956
Dollar Savings Bank buys the DeRoy Building and converted the first floor, expanding the Fourth Avenue Office footprint.
July 19, 1955
Dollar Savings Bank celebrates 100 years.
1955
A Century of Saving Dollars: 1855 - 1955, a book about Dollar Savings Bank's history, is written by William T. Schroyer.
February 1950
Dollar Savings Bank purchases the Boyd Building, using the first two floors and leasing the remainder of the building.
November 1, 1949
The first time Dollar Savings Bank has assets at book value of over $100 million.
1938
The original vault in our Fourth Avenue Building is relocated to the basement, making room for our Trustee Boards Anteroom.
1931
$1 million in cash is brought to the bank office floor to prove the availability of customers' funds during The Great Depression. The Bank never closed.
1930s
The main lobby of our Fourth Avenue Building is redecorated.
1906
East & West Wings are added to our Fourth Avenue Building.
1896
The Board Room is added to the Dollar Bank Fourth Avenue Building at a cost of $37,981.
April 3, 1871
Dollar Savings Bank's Fourth Avenue Building opens.
1871
Two stately lions, sculpted by Max Kohler, are placed by the entrance of our Fourth Avenue Building as symbols of guardianship of the people’s money.
September 4, 1858
Pittsburgh Dollar Savings Institution is renamed "The Dollar Savings Bank."
July 19, 1855
Charles Colton opens Pittsburgh Dollar Savings Institution. The first day's deposits total $53.
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