
Seventh Street Savings Bank - View this location on map ![]() This bank is an excellent example of the independent and often short-lived neighborhood savings banks that proliferated at the turn of the century, serving individual and business customers in a limited area. The bank was formed in 1912, during an economic rebound following the Knickerbocker Panic of 1907, and the two-story building was constructed in 1912-13. The layout of the bank, with apartments upstairs, and shops and apartments in an adjacent wing on 7th Street (now demolished), is illustrative of the investment strategies needed to sustain such small institutions. The bank failed in the banking crisis of 1933, and was one of eight banks merged and reorganized as the Hamilton National Bank. The building design by the firm of (Alfred) Rich & (Alphonsus) FitzSimons typifies the customary classical style. The temple-front façade is executed in textured buff brick with limestone and terra cotta trim. Large arched windows with iron grilles, and a long side window bay light the banking hall. The building is now the lone survivor of a once-vibrant commercial block. 1300 7th Street, NW, Washington , DC Historical |