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Encyclopedia > Dollar Bank
Dollar Bank
Type Mutual Society
Founded 1855
Headquarters Pittsburgh, Pennsylvania
Key people Stephen C. Hansen, President and CEO
Industry Financial Services
Revenue $246 million (2005)
Employees 1,300
Website www.dollarbank.com

Dollar Bank is a federal savings bank headquartered in Downtown Pittsburgh, Pennsylvania. It is one of the leading financial institutions in both western Pennsylvania and eastern Ohio. The company started off small in 1855 but grew quickly in the early 20th century, especially due to the corporation's reputation for reliablity, even during the Great Depression. Dollar Bank expanded its services beyond metro Pittsburgh by purchasing Cleveland-based Continental Bank in 1984. A mutual organization (or society) is a cooperative organization (which is often, but not always, a company or business) based on the principle of mutuality. ... 1855 was a common year starting on Monday (see link for calendar). ... Nickname: Steel City, Iron City, City of Champions, City of Bridges, City of Colleges Location in Allegheny County, Pennsylvania Coordinates: Country United States State Pennsylvania County Allegheny County Founded 1758 Mayor Luke Ravenstahl (D) Area    - City 151. ... This article is in need of improvement. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Image File history File links Green_Arrow_Up. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Website - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... Official language(s) None Capital Columbus Largest city Columbus Largest metro area Cleveland Area  Ranked 34th  - Total 44,825 sq mi (116,096 km²)  - Width 220 miles (355 km)  - Length 220 miles (355 km)  - % water 8. ... Wikipedia does not yet have an article with this exact name. ...


Dollar Bank is first and foremost a lending institution. Over 80% of the bank's loan portolio is represented in residential mortgages. The company also provides many services for small businesses, and has become well know for having a commitment to the growth of these small proprietorships. Private financial services are also offered. The corporation began offering credit and producing credit cards in 1986.


Innovate advancements have been key to Dollar Bank's success. It was the second corporation in the world to allow for bills to be paid via the telephone, when it had this system installed in 1976. It was also ahead of its time in terms of the availability of ATMs and the use of online banking. Dollar also offered free checking and free withdrawal from ATMs long before its competitors. ATM is an initialism with the following meanings: Adobe Type Manager, font management software from Adobe Systems Advanced Traffic Management and Arterial Traffic Management, terms used in the intelligent transportation system industry. ...


In an era of demutualization, Dollar Bank has remained as a cooperative mututal society. There is a consensus among comapany executives that going public would not be the right direct for the company.

Pittsburgh-based Corporations
(Within the Pittsburgh Metro Area)
Pittsburgh-based Fortune 500 Corporations:
Alcoa | U.S. Steel | PPG | H.J. Heinz | PNC Financial | Mellon Financial | WESCO International
Pittsburgh-based Fortune 1000 Corporations:

Allegheny Energy | Consol Energy | Allegheny Technologies | Dick's Sporting Goods | Kennametal | American Eagle Outfitters | Wheeling-Pittsburgh Steel | Mylan | GNC City nickname: The Steel City Location in the state of Pennsylvania Founded 1758 Mayor Tom Murphy (Dem) Area  - Total  - Water 151. ... The Pittsburgh Metro Area is the U.S. Census defined seven county region surrounding the city of Pittsburgh in southwestern Pennsylvania, United States of America. ... City nickname: The Steel City Location in the state of Pennsylvania Founded 1758 Mayor Tom Murphy (Dem) Area  - Total  - Water 151. ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... Alcoa (NYSE: AA) is the world’s leading producer of alumina, primary and fabricated aluminium, with operations in 43 countries. ... The United States Steel Corporation (NYSE: X) is an integrated steel producer with major production operations in the United States and Central Europe. ... PPG Industries NYSE: PPG was founded in 1883 under the name Pittsburgh Plate Glass Co. ... H. J. Heinz Company, commonly known as just Heinz, famous for its 57 Varieties slogan, was founded in 1869 by Henry John Heinz in Sharpsburg, Pennsylvania. ... PNC Financial Services (NYSE: PNC) is a large bank holding company. ... Mellon Financial Corporation, NYSE: MEL based in Pittsburgh, Pennsylvania, is engaged in the business of institutional and high-net-worth-individual asset management, including the Dreyfus family of mutual funds; business banking; and shareholder and investor services. ... WESCO International, Inc. ... Fortune 1000 is a reference to a list maintained by the American business magazine Fortune. ... Allegheny Energy (NYSE: AYE) is a traditional public utility based in the suburbs of Pittsburgh. ... Consol Energy is a coal and mining company based in the southern suburbs of Pittsburgh, USA. Category: ‪Companies based in Pennsylvania‬ ... Alleghenty Technologies, Inc. ... Dicks Sporting Goods (NYSE: DKS) is the worlds largest sporting goods retailer. ... Kennametal is a US company on the New York Stock Exchange, symbol KMT. Kennametal is large tooling supplier. ... American Eagle Outfitters is an American clothing retailer that dates back to 1904 but took its current form in 1977 and was reorganized in Pittsburghs north suburbs. ... Wheeling-Pittsburgh Steel NASDAQ: WPSC is a steel manufacturer based in the Pittsburgh suburb of Wheeling, West Virginia, with six major manufacturing centers in Ohio, West Virginia and Pennsylvania. ... Mylan or Mylan Labs is the second largest generic drug maker in the United States. ... General Nutrition Centers or GNC is a Pittsburgh based American commercial enterprise focusing on the retail sale of health and nutrition related products, over the counter drugs, and foods/food supplements world-wide through GNC branded stores. ...

Pittsburgh-based non-public or externally owned corporations:
84 Lumber | American Bridge | Ampco Pittsburgh |Bayer USA | Calgon Carbon | Dollar Bank | DQE Holdings | Eat'n Park | Federated Investors | FedEx Ground | Giant Eagle | Highmark | iGate | Koppers | Michael Baker | Mine Safety Appliances | NOVA Chemicals | Oxford Development | Pittsburgh Brewing Company | Respironics | rue21 | Vivisimo | Wabtec

 
 

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