Emigrant Bank (formerly Emigrant Savings Bank) is a private American financial institution, it is the oldest savings bank in New York City and it was the ninth-largest privately owned bank in America in 2012. It is the largest privately-held, family-owned and operated bank in America in 2019. It has several online-only divisions that offer high yield savings accounts, including Emigrant Direct, Dollar Savings Direct and their latest offering, My Savings Direct. Emigrant Bank is a subsidiary of New York Private Bank & Trust Corporation and as of December 31, 2020 its assets were US$3.413 million.
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