Central Bank advertisement 1911

Description:
Advertisement in the Oakland City Directory for the Telegraph Avenue Savings Bank, 4900 Telegraph Avenue, Temescal district, Oakland, Calif.

Date of Document:
Date: 1911

Document Author:
Telegraph Avenue Savings Bank

Geographic Location:
4900 Telegraph Avenue, Oakland, Calif.

Context:
The Telegraph Avenue Bank was formed in 1908 by a group of merchants and professional men of Temescal. William Thomas, who operated a grocery store next to the bank, was its first president. The bank was acquired by the Central National Bank, which in 1921 built the present bank building. The structure was later remodeled in the Moderne style. The bank is the third building on the site; William Carroll s saloon predated both banks. [Jennifer Dowling note]Among the financial institutions that later occupied the building were branches of Sanwa Bank, and Bank of the West. The latter closed in January 2016.A. Vander Naillen, Jr., listed as the Telegraph Avenue Bank's Cashier, was for 20 years chief civil engineer for Alameda County. He was the son of Albert Vander Naillen, Sr., founder of the School of Practical Engineering, located on the west side of Telegraph Avenue at 51st Street in Temescal. The school originally had been established in 1867 back east by the senior Vander Naillen. It moved to Chicago and following the great Chicago fire of 1871, relocated to San Francisco, and finally to Oakland after the school was destroyed in the San Francisco earthquake and fire of 1906. Records show that in 1875 the family occupied a two-story home at 51st Street and Lawton Avenue; it was considered to be the first modern home built in Temescal.