Emigrant Savings Bank has opened a new branch in Greenwich Village.
The bank now has 32 branches in neighbourhoods across the New York City metropolitan area.
Emigrant chairman and CEO Howard Milstein said that Emigrant was founded to serve immigrants to New York City who had few other banking alternatives.
Emigrant Savings Bank, founded in 1850, operates as a savings bank in New York and offers checking accounts, savings and money market accounts, commercial checking accounts, lease security deposits, and individual retirement accounts, loans as well as lease financing services.
In addition, Emigrant Savings Bank provides investment products and life insurance, credit cards, debit cards, employer pension plans, commercial and residential mortgages, and online and telephone banking services.