New savings bank from 1864
The Neue Sparcasse from 1864 (short: Neuspar ; abbreviation to differentiate it from Haspa , that of the Hamburger Sparcasse from 1827 ) was a Hamburg financial institution that, after disagreements in the management board of the Hamburger Sparcasse from 1827 on the limited deposit of 60 Hamburger Kurant-Mark from Rudolf Martin and FE Schlüter was founded. It operated branches in the Hamburg districts like its larger competitors. The Neuspar existed until 1971 as the smaller of the two competing savings banks .
At the turn of the 20th century, it had deposits of almost 90 million marks. At the beginning of 1972, the institute merged with Hamburger Sparkasse on the initiative of Hamburger Sparcasse in 1827 . Before the merger in 1972, the savings bank had total assets of 3 billion DM.
The early use of computer technology in the Neue Sparkasse is remarkable. The management decided in February 1960 to order two IBM 1401s.
Individual evidence
- ↑ Violated authority . In: Der Spiegel . No. 13 , 1971 ( online ).