Bank of Ensley
The Bank of Ensley was a bank founded by Erskine Ramsay and George McCormack with Robert Chadwick on May 10, 1899. It opened for business in 1900. The bank's slogan was "Strong enough to protect you. Large enough to serve you. Small enough to know you."
In 1906 the Bank of Ensley merged with the First National Bank of Ensley. The president of that company, Gordon Dubose, was arrested later that year on a charge of embezzling $40,000 of his bank's money prior to the merger.
In 1920 and 1921 co-founder Erskine Ramsay established savings accounts at the Bank of Ensley with $100 for several boys who had been named "Erskine" in his honor. The publicity caused him irritation as he continued receiving letters, some dishonest, asking for money after the birth of another Erskine.
In 1929 the bank moved across the same intersection to the ground floor of the new 10-story Ramsay-McCormack building. The effects of the Great Depression, however, forced the bank to close its doors on January 11, 1930. The savings accounts for Erskine Ramsey's namesakes were lost.
The building was later used by the First National Bank of Birmingham. Later it was used for storage by the Birmingham Public Library while the Ensley Library and East Ensley Library underwent renovations.
The building is currently the home of the Monumental Contracting Services, which performed a restoration.
- "Bank president arrested." (May 27, 1906) The New York Times
- Ennis, William (July 1940) "Wylam Old Timers Have Nothing to Do Now but Just Talk." Birmingham News - via Birmingham Rewound
- Prince, A. G. (1982) Landmarks of Ensley: Past and Present. revised edition. Ensley: Best Printing Service
- Natta, André (October 11, 2007) "Random shots: A facelift for an Ensley landmark" The Terminal