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Grove Bank & Trust

Business Services in Miami, FL

Grove Bank & Trust, founded on July 12, 1926, is the longest running bank in Miami-Dade County.

The Bank weathered the first of many challenges just weeks after opening its doors when a ferocious hurricane hit Miami in September of 1926. Countless people sold their real estate holdings, resulting in a real estate "crash" that affected all of Miami-Dade County.

The Bank pulled through the crisis only to face one of the greatest financial challenges the U.S. has ever known: The 1929 stock market crash, and the ensuing Great Depression. One of the casualties of 1929 was a hometown institution, the University of Miami. A first of many philanthropic endeavors of the Bank was helping the then-insolvent University of Miami avoid being sold to the University of Florida (which had intended to rename it Pan-American University). Grove Bank & Trust purchased the assets of the University and developed a plan for the University to buy back its assets over time, thereby preserving the dream that there would always be a University of Miami.

Address

2701 S Bayshore Dr
Miami, FL
33133

Phone

Website

https://www.grovebankandtrust.com/

Business Hours

Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 4:00 PM
Friday9:00 AM - 4:00 PM
SaturdayCLOSED
SundayCLOSED

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