Steiner Bank
The Steiner Bank (originally Steiner Brothers Bank) was a family-owned banking office established by Sigfried and Burghard Steiner on May 1, 1888 in the Hewlett Block. Within two years, the bank moved into permanent quarters in its own Steiner Building, on the southeast corner of 21st Street and 1st Avenue North.
The founder's cousin, Leo Steiner, was associated with the firm from its founding and became president in 1901. His son, Bernard Steiner was president of the bank in the 1960s, when it had $4 million in assets.
On August 19, 1963 the bank reopened in their new, modern offices at 1920 3rd Avenue North. The 2-story 25 by 140-foot marble-faced building, designed by architect H. Lloyd Hill of Atlanta, Georgia, cost $300,000. The new layout included customer parking with access to a rear entrance.
The bank closed in 1994 when it was acquired by Highland Bank.
References
- North Alabama (Illustrated) (1888) Birmingham: Southern Commercial Publishing Co.
- Beiman, Irving (November 1962) "Steiner will move to heart of town" The Birmingham News - via Birmingham Rewound
- White, Marjorie Longenecker (1977) Downtown Birmingham: Architectural and Historical Walking Tour Guide. Birmingham: Birmingham Historical Society.
- "Steiner Bank in Birmingham, Alabama (AL)." (n.d.) BankEncyclopedia.com. Accessed November 5, 2012.
