Built in 1917 for a bank founded in 1872 by Chester Chapin, it is a notable local example of Classical Revival architecture.

The Chapin National Bank Building is located in downtown Springfield, at the northeast corner of Main and Lyman Streets.

The Lyman Street facade has a classical Doric frieze, with four monumental fluted columns set in antis.

[2] Chester Chapin, a native of nearby Ludlow, made a fortune first in stagecoach operations, and then in railroads and other businesses.

Chapin was a city selectman and served a single term in the United States Congress (1875-77).