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Emigrant Bank (formerly Emigrant Savings Bank) is a private American financial institution. It was the ninth-largest privately-owned bank in the United States in 2012, with assets of $8.1 billion.[1] As of June 2021, it has assets of $5.75 billion, and is ranked 244th in asset size among all banks in the United States.[2] Emigrant Bank has several online-only divisions including Emigrant Direct and Dollar Savings Direct.