As early as the end of November 1862, a committee was set up to form a savings and advance bank.

On 1 October 1862, the business was taken up in the house of the cashier, the card deck manufacturer Caspar Ludwig Wüst, in Gallusstr.

On 11 November 1862, the senate of the free and imperial city of Frankfurt granted the bank the right as a legal entity.

To this the end of the guild restrictions in Frankfurt in January 1864 contributed which spurred the development of craftsmanship.

In 1868, the bank moved from the Hotel du Nord to a new premises at Neue Kornmarkt 18.

In 1873 another move to the Große Eschenheimer Gasse took place to the building of Leopold Sonnemanns (a co-founder of the bank) Frankfurter Zeitung.

[4] Another factor that increased the attractiveness for members was the amendment of the Prussian Cooperative Law of 1868.

In the year 1914 one counted 3190 members and possessed over 3 million Mark worth of business shares.