Camden Trust


History

The Camden Trust traces its origin back to July 1, 1873, when the The Camden Insurance, Safe Deposit & Trust Company, first opened for business, at 224 Federal Street. Over a period of seventy-five years, the bank merged with other local banks such as the Security Trust Company, Central Trust Company, East End Trust Company, and American National Bank Bank. The bank relocated, and underwent name changes prior to achieving it’s “modern” format in 1938. At that point the institution was the largest bank in South Jersey.

The Camden Safe Deposit & Trust Company opened its new building at the northeast corner of Broadway and Market Street on October 31, 1892. A new building was built on the same location in 1928, which still stands in 2023.

The Central Trust Company was absorbed by the Camden Safe Deposit & Trust Company in 1927. After the merger, the Central Trust building at 4th & Federal Street became the home of the Equitable Beneficial Insurance Company, and remains as into the 21st century.

In 1938 the Camden Safe Deposit and Trust Company shortened its name to that of Camden Trust. By the time America became involved in World War II, the bank had acquired two more banks, the American National Bank at Broadway and Amber Street in South Camden, and the East End Trust on Federal Street in East Camden.

By the time it celebrated its 75th Anniversary, in 1948, the Camden Trust was the largest bank in South Jersey, and seventh largest in the state, with branches in Camden, Gloucester City, Haddonfield, and Blackwood.


Location






Photo Gallery


Related Articles

  • Admiral Henry B. Wilson Jr.

    Henry Braid Wilson Jr. was born on Mount Vernon Street in Camden, NJ, on February 23, 1861, to Henry Braid Wilson Sr. and Mary Ann Wilson. His father was a prominent local figure, serving in various public roles, including as a businessman, City Council member, and Postmaster, and contributing to Camden's Commission of Public Instruction,…

    Read More…

  • East End Trust Company

    East End Trust Company

    The East End Trust Company was first organized on May 26, 1905. Dr. C.F. Hadley was the first president. Other founders and early directors included John Schimpf, Frederick von Nieda, and John Crawford. The East End Trust Company opened for business on July 1, 1920 in temporary quarters at 27th and Cramer Streets. Dr. C.F.…

    Read More…

  • William Joyce Sewell

    William Joyce Sewell

    William Joyce Sewell was born on December 6, 1835 in Ireland. Orphaned at a young age, he emigrated to the United States in 1851. He was for a time employed in mercantile business in New York City, made several voyages as a sailor on merchant vessels, afterward engaged in business in Chicago, IL. He moved…

    Read More…