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Ohio Savings Bank – An Overview
Introduction
The Ohio Savings Bank was originally founded in 1889 in Cleveland, Ohio as a local savings and loans based institution. Now, renamed as the AmTrust Bank, the institution has diversified into the vast series of services including retail banking, mortgage and construction lending, investment and insurance service, indirect auto lending and many more.
It was in 1989 that the Ohio Savings Bank purchased the Pal Plaza Savings Bank in Boca Raton, Florida, resulting in the establishment of the AmTrust Bank division. In addition to the AmTrust branches in Cleveland, Akron, Columbus and Ohio Markets, there are branches located throughout southeastern Florida. With further expansion into yet another market in 2000, the first AmTrust Bank branch was established din Phoenix in Arizona.
Finally, it was in April 2007, that the Ohio Savings Bank was renamed as the AmTrust Bank, to represent the institution’s national presence.
The Services
Since its inception in 1889, the Ohio Savings Bank has grown from a savings and loan with a single branch office in Cleveland and only $20,000 in assets to being one pf the nation’s largest mortgage lenders. As of November 1998, the Ohio savings Bank boasted of being a $5.5 billion bank, with 45 branches in Ohio and Florida
It was in 2004, that the bank began to sense the need of inculcating the IT infrastructure into its work system. Hence, the bank began thinking of consolidating its legacy systems with an enterprise grid computing solution from Oracle. The new system was planned to lay ground for a services-based architecture that would eventually consolidate the bank’s call centre, mortgage application and data warehouse into a unified architecture.
It was further in 1998 that Microsoft announced that the Ohio Savings Bank has been equipped with a new computer infrastructure on the framework of Microsoft Windows Distributed internet Application architecture for Financial Services.
This development made the Ohio Savings Bank the first in its class to combine good customer service and streamlined operations with innovative, cutting-edge technology, building an efficient digital nervous system. The entire system was meant to benefit the customers, providing them with a high-class and efficient infrastructure for their banking operations. This development was also aimed at putting the bank on a firm foothold amongst the leading financial services of the nation, also enabling the users to take full advantage of personalized commuting services of their banking activities.
The Ohio Savings Bank continues to be one of the leading names in the financial sector in the region, though now represented under a different brand name altogether, but still enjoying the same legacy and an extremely sound goodwill.
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Bristol County Savings Bank Specific links
Bristol County Savings Bank News
Bristol County Savings Bank names Susan Nelson vice president - Taunton Daily Gazette
Bristol County Savings Bank names Susan Nelson vice president Taunton Daily Gazette Bristol County Savings Bank has added another vice president. Susan Nelson has been named vice president/senior marketing officer. She will be responsible for all aspects of the bank's marketing department. Nelson, a New Bedford resident, more recently ... |
Bristol County Savings Bank announces executive promotions - Taunton Daily Gazette
Bristol County Savings Bank announces executive promotions Taunton Daily Gazette By Anonymous Bristol County Savings Bank president/CEO Patrick Murray has announced a string of executive promotions within the Taunton-based bank. Leonard Sullivan has been promoted to first executive vice president and senior loan officer; ... |
Chamber taps top educator - Attleboro Sun Chronicle
![]() Attleboro Sun Chronicle | Chamber taps top educator Attleboro Sun Chronicle Presenting the $1000 check provided by Bristol County Savings Bank is, from left: William Warren, Jim Whitehead of National Grid, Chamber President Jack Lank, Warren, aide to US Rep. James McGovern, D-Worcester, Lisa Nelson and Principal of Augustine ... |
Business newsmakers - SouthCoastToday.com
Business newsmakers SouthCoastToday.com TAUNTON —Bristol County Savings Bank has announced that Leonard W. Sullivan has been promoted to first executive vice president and Julie DS Chapman, Bob DeMoura, Dennis Leahy and Michele Roberts have been promoted to executive vice president. |
Bell's Powder Coating gets $42k incentive check from NE Gas for efficient oven - Wicked Local
Bell's Powder Coating gets $42k incentive check from NE Gas for efficient oven Wicked Local Left to right: Matt Zenni, Program Manager of New England Gas; James M. Sweeney, General Manager; Nancy and Paul Belham of Bell's Power Coating; and Steve Hardy, Senior Vice President of Bristol County Savings Bank, show off the check in Bell's Powder ... |










