
The Old Stone Bank was founded in 1819 as the first savings bank in Providence, Rhode Island, but originally under the name, Providence Institution for Savings. A constantly growing volume of business influenced the erection, in 1854, of a building for the exclusive purposes of the bank at 86 South Main Street, near College Hill. Designed by C.J. and R.J. Hall, the original stone bank stood one-story tall with a gable roof. Success and further expansion of the institution led to the erection, in 1896, of the present building, which served as the main office. Designed by the local architectural firm of Stone, Carpenter & Willson, the present domed banking structure is said to have incorporated parts of the 1854 building, and expanded the rest to the landmark we see today. The Beaux Arts/Neo-Classical banking structure is constructed of granite, with a Classical pedimented entry of monumental Corinthian columns atop the staircase, but the highlight of the building has to be the gold-leaf-and-copper domed roof which partially served as a skylight for the banking hall inside. Offices relocated to a new building in the late 1960s. The banking institution closed in the 1980s and following acquisitions and insolvency, the main bank was sold in 1995 to Brown University for $1.15 million to house the Haffenreffer Museum of Anthropology‘s collection of Native American artifacts. Years later, Brown decided it was unfeasible to house the collection in the building as the necessary alterations would have altered the historic character of the building, they then sold the building to an LLC in 2009. The Old Stone Bank is now a single-family home. Yes, you heard that right. The new owners have lovingly preserved this architectural marvel for all to enjoy as they stroll the city.









