A purpose-built bank, it was completed in 1842 and is currently in use by University College Cork as their so-called "Centre for Executive Education".

Originally based in the Royal Cork Institution, in 1824 the bank acquired their first building, which was located on what is now Oliver Plunkett Street, on the site of the present general post office.

[2][3] Following its completion in 1842, the Cork Savings Bank moved into the new building, located on 1 Lapp's Quay, on 20 August 1842.

[1] In 1950, renovations to the building were carried out to the designs of Henry Houghton Hill.

[4] Originally intended for use as a civic amenity, in 2016 it was sold to University College Cork, who in December 2018 opened the building as their business school’s "Centre for Executive Education".