New Albin Savings Bank was first named “State Line” but after a tragic accident that took the life of a 10 year old boy named Albin, State Line was renamed Albin.
On May 6, 1942, the bank was qualified as a Series E Bond agent for selling US Savings Bonds. As of May 12, 1948, it was resolved that the corporate period of the bank which will expire June 18, 1948 is hereby extended for a 50 year term, which would be in 1998 unless otherwise dissolved by the voluntary action of the stockholders.
The decision to purchase the old post office building adjacent to the bank from Stacia Hartley was approved June 7, 1967. In January of 1968, the remodeling and addition were completed and the main counter was moved to the new addition.
Previously the upstairs rented out to a doctor and dentist and then used for storage. The area was renovated into office space, directors room and lunch area in 1995. In the summer of 1996, the front of the bank was re-bricked to restore the original look.
The third edition was completed in 2007, which features refurbished limestone walls that were constructed more than 100 years ago. The stone is highlighted with oak woodwork. The limestone was quarried locally and the oak was harvested from the area.
New Albin Savings Bank has been serving their families and friends since 1898. The bank’s principal market area includes Northeast Iowa, Southeast Minnesota and Southwest Wisconsin.
Address:
PO Box 8
118 Main Street NE
New Albin, IA 52160
Phone: 563-544-4214
Toll Free: 888-689-1898
Fax: 563-544-4215
Lost or Stolen Debit Card: 1-800-383-8000
Hours:
Mon-Thurs 8am - 5pm
Friday 8am - 7pm
