The Burlington Savings Bank building, constructed in 1900, is one of the most architecturally sophisticated buildings in Downtown Burlington, Vermont. The design uses a brick and brownstone facade with prominent wall dormers and a corner tower with conical roof which harkens back to the chateaus and estates of Europe. The recessed corner entrance is framed by free-standing Ionic columns which support a brownstone segmental arch, which helps command the corner presence. The Burlington Savings Bank opened for business on January 1, 1848, and operated under that title until 1988 when it merged with the Bank of Boston to become the Bank of Vermont, which in 1995, was purchased by KeyBank. The corner building is now occupied by Citizens Bank, which continues this buildings legacy as a castle of finance in the city.
Located at the corner of Summer and Devonshire Streets in Downtown Boston, the Commonwealth Trust Company’s two-story marble banking house commanded the corner, despite its short stature. The building, completed in 1908, was constructed with Lee marble and decorated with ornate wrought and cast-iron grilles over windows. The building was designed by the architectural firm of Parker, Thomas & Rice in the Classical mode with large, fluted Corinthian columns and boxed corner pilasters framing the recessed center entrance, Corinthian pilasters ran along the side facade. At the inside, the building was coated with Cararra and Blanco marble with paneled oak offices. At the ground floor, offices and banking stations framed the outer walls, with the safety deposit boxes located on the second floor. The building was demolished by the 1970s and replaced with a one-story minimalist Modern building (I could not figure out why the former building was razed). The new building was demolished after a few decades with a larger building, better fitting the commercial district.
Believe it or not, living on an island in the 19th century wasn’t as easy as you may think. Before this bank building was constructed in 1855, all banking was done off-island. The bank was constructed to house the newly formed Martha’s Vineyard National Bank, whose first president was Dr. Daniel Fisher, who made his money as a merchant and operator of one of the largest whale and sperm oil processing facilities in the country. The bank relocated to Vineyard Haven and the Edgartown National Bank was created to fill the void in town. Amazingly, the building is still to this day occupied by a bank, Rockland Trust, seemingly adding to the continuous occupancy of the building by banking facilities for well over a century. The structure is one of the oldest brick buildings in town and is a late iteration of the Greek Revival style.