Wikipedia: Emigrant Savings Bank is the oldest savings bank in New York City and the largest privately owned bank in the country. As of December 2007, Emigrant has 35 branches located in the New York metro area and has assets of $14.3 billion. It also offers an account called Dollar Savings Direct, which offers a relatively high floating interest rate but requires a $1,000 minimum deposit.As of March 2009, the current annual percentage yield for Emigrant Direct's American Dream Savings Account is 1.65%.