Kings County Savings Bank - History

History

The Kings County Savings Institution was chartered on April 10, 1860. It carried out business in a building called Washington Hall until it purchased the lot on the corner of Bedford Avenue and Broadway and erected a permanent home.

The Kings County Savings Bank has long been considered a landmark of Williamsburg. By 1900, during the construction of the Williamsburg Bridge, the neighborhood had changed, and the Bank building was already seen as an icon of "old Williamsburg." It remains one of the most important historical landmarks in Williamsburg, and was recognized by the New York City Landmarks Preservation Commission in 1966, the seventh building to be so designated. It was placed on the National Register of Historic Places, 1980

“The Kings County Savings Bank is an outstanding example of French Second Empire architecture, displaying a wealth of ornament and diverse architectural elements. A business building of imposing grandeur, the Kings County Savings Bank "represents a period of conspicuous display in which it was not considered vulgar, at least by the people in power, to boast openly of one's wealth. From its scale and general character there is nothing, on the outside, that would distinguish the Kings County Savings Bank from a millionaires mansion." (from History Preserved: New York City Landmarks & Historic Districts, Harmon H. Gladstone & Martha Dalyrmple, Simon & Schuster, 1974).

The building remained in continuous bank ownership and use for well over a century. It ceased to be used as a bank in the 1980s.

Currently the building houses the Williamsburg Art & Historical Center, a not-for profit art organization founded by artist Yuko Nii in October 1996. The Center presents art exhibitions, performances and cultural events as well as lectures, seminars and educational programs of both local and international interest. It also preserves and displays historical art and artifacts.

On July 31, 2008, the official Brooklyn Historian, John Manbeck, said in an article in the Brooklyn Eagle: "Art in Williamsburg has made great strides. In fact, all Williamsburg has progressed, undoubtedly because of its attraction to artists. Much of the credit must be placed on the doorstep of the director of the Williamsburg Art & Historical Center, Yuko Nii. The center operates out of the former Kings County Savings Bank Building (1867) and celebrated an infusion of a $500,000 capital funding grant from the city."

In 2009 ownership of the building was transferred to the Yuko Nii Foundation.