Today in Wheeling History: December 30--The Wheeling Bank & Trust Co. and the Dollar Savings & Trust Co. merged to form the Wheeling Dollar Savings & Trust Co., which became the largest bank in the state at the time with assets in excess of $19 million (1933).
The German Bank of Wheeling was founded in 1870 and later became the Wheeling Bank & Trust Co. in 1918. Meanwhile, the Dollar Savings Bank was organized in 1887 and merged with Wheeling Title & Trust Co. in 1903 to form the Dollar Savings & Trust Co. In 1933, the Wheeling Bank & Trust Co. and the Dollar Savings & Trust Co. merged to create the Wheeling Dollar Savings & Trust Co., which became the largest bank in West Virginia at the time. The Wheeling Dollar Savings & Trust Co. continued acquiring other regional banks over the decades. In 1968, WesBanco was incorporated and became the bank holding company, with Wheeling Dollar Savings & Trust as a subsidiary. The predecessor Wheeling banks, especially the Wheeling Bank & Trust Co. and the Dollar Savings & Trust Co., were instrumental in laying the foundation for what would become WesBanco.
To learn more: (http://tinyurl.com/3b8dtu9w) (http://tinyurl.com/4temvck5) (http://tinyurl.com/3b8dtu9w) (http://tinyurl.com/3wrw8drc)
Photo Credits: Ohio County Public Library, Wheeling WV
The German Bank of Wheeling was founded in 1870 and later became the Wheeling Bank & Trust Co. in 1918. Meanwhile, the Dollar Savings Bank was organized in 1887 and merged with Wheeling Title & Trust Co. in 1903 to form the Dollar Savings & Trust Co. In 1933, the Wheeling Bank & Trust Co. and the Dollar Savings & Trust Co. merged to create the Wheeling Dollar Savings & Trust Co., which became the largest bank in West Virginia at the time. The Wheeling Dollar Savings & Trust Co. continued acquiring other regional banks over the decades. In 1968, WesBanco was incorporated and became the bank holding company, with Wheeling Dollar Savings & Trust as a subsidiary. The predecessor Wheeling banks, especially the Wheeling Bank & Trust Co. and the Dollar Savings & Trust Co., were instrumental in laying the foundation for what would become WesBanco.
To learn more: (http://tinyurl.com/3b8dtu9w) (http://tinyurl.com/4temvck5) (http://tinyurl.com/3b8dtu9w) (http://tinyurl.com/3wrw8drc)
Photo Credits: Ohio County Public Library, Wheeling WV
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