Page 37 - The History of Watertown Savings Bank_Neat

Watertown Daily Times photo

For nearly four decades, Watertown Savings In 1939, Watertown Savings Bank reported
Bank grew its assets and attracted even more nearly $6.7 million in assets, a figure that grew to
customers to its new offices inside the F.W. more than $16 million by 1949.
Woolworth Building on the busiest block in As early as 1940, the federal government
downtown Watertown. ordered massive army field training maneuvers to
Watertown Savings Bank’s steady growth between be conducted at Pine Camp (now Fort Drum) as
1940 and 1950 was largely influenced by World part of war preparations. The government spent
War II, which had a significant impact nationwide, roughly $2 million to purchase approximately
and throughout the north country as well. 90,000 acres that was added to the post, along with

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