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Buffalo Savings Bank was established in 1846, and it was the first savings bank in the City of Buffalo. In 1901, its headquarters opened on the corner of Main and East Huron Streets in Downtown Buffalo. The bank’s headquarters became known for its massive copper-clad dome roof, which, in 1954, was covered in gold leaf. After several mergers and acquisitions in the early 1980’s, Buffalo Savings Bank became Goldome in 1983. After several years of financial difficulty for the bank, the Federal Deposit Insurance Corporation closed Goldome in 1991 and divided its assets between its local competitors. At the time, it was the sixth largest bank failure in American history. The Manufacturers and Traders Trust Company (M & T) took possession of the former Goldome headquarters in Buffalo.