Emigrant Savings Bank | 371 7th Avenue

About Emigrant Savings Bank | 371 7th Avenue in New York

Emigrant Savings Bank's 7th Avenue branch sits squarely in the bustle of Midtown Manhattan, just steps from Penn Station and the perpetual churn of commuters, tourists, and Madison Square Garden crowds. Founded in 1850 by members of the Irish Emigrant Society to serve newly arrived immigrants, Emigrant remains one of the oldest savings banks in the United States and the largest privately owned bank in the country — a quiet institution with deep New York roots operating in one of the city's most frenetic corridors.

The surrounding blocks tell the story of the neighborhood's dual identity: a cluster of hotels like The Paul and the Hilton Fashion District speak to its role as a gateway for visitors, while the quick-bite spots — Dunkin', Bravo Pizza, fresh&co — cater to the office workers and travelers who pour out of Penn Station each morning. With an ATM on site, this branch is geared toward the on-the-go banking that defines the area between Chelsea, Herald Square, and the Garment District.