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Historic


Then and Then and Now: United Colors of Potomac Savings

The structure on the northwest corner of M Street and Wisconsin Avenue, NW — seen here in the early 1920s, 1969, and today — was originally built ca. 1850 and rebuilt in 1909 after the building burned.

Potomac Savings Bank

National Bank of Washington

Former Potomac Savings Bank, Dec. 2009

Historic images from the Library of Congress collections.

The Potomac Savings Bank moved into the structure after $24,000 was spent to repair and remodel the structure after the fire. This bank was a fixture at this Georgetown location until it closed March 5, 1933. The bank reopened on September 25, 1933, as the Hamilton National Bank. Its name changed again to the Bank of Washington (Georgetown Branch) after merging with that bank on October 1, 1954.

In late summer of 1990, the Bank of Washington collapsed. The failure of the "oldest bank in Washington," which traced its beginnings to September, 1809, shook the confidence of many area depositors.

Today, the structure is home to a United Colors of Benetton store.

Comments

Thanks for these, I really enjoy the "Then and Now" series.

It looks like the Georgetown sidewalk used to be wider, but in the 1969 picture it looks like it had been narrowed for parking or travel lanes. Too bad that cool clock wasn't saved.

by Erik on Dec 22, 2009 4:20 pm  (link)

Yeah, the clock is awesome! I love public clocks.

by michael on Dec 22, 2009 4:30 pm  (link)

They melted a lot of clocks like that for scrap metal during WWII, I wonder if that happened to this one.

by Reid on Dec 22, 2009 5:34 pm  (link)

The saddest part is the loss of the building to the right. The brick replacement is pretty crummy in comparison.

by Nick on Dec 23, 2009 7:57 am  (link)

Nick, My guess (from the photos alone) is that the building on the right wasn't lost. It's had its facade replaced. Styles come and go, and facades on many 'rowhouse' type buildings are easy to replace.

by Lance on Dec 23, 2009 9:26 am  (link)

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