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History

Vault634 - History

1886

The Lehigh Valley Trust Company was founded on July 14th, 1886 at 636 Hamilton Street in Allentown, Pennsylvania with initial capital of $250,000.

1887

Marcus Charles Lawrence Kline, a Muhlenberg College graduate and prominent figure in the Lehigh Valley takes over presidency of the Lehigh Valley Trust Company. He plays a major role in the shaping of the Lehigh Valley Trust Building in Allentown.

1911

The Lehigh Valley Trust Building reconstruction begins through the consolidation of two buildings at 634 and 636 Hamilton Street. It is considered one of the most architecturally beautiful buildings in Allentown due to its marble front and 900 square foot stained glass dome ceiling. The Damon Safe, manufactured in Boston, Massachusetts and part of the original 1886 building, remains a fixture of the new building.

1912

Three vaults, manufactured by the York Safe and Lock Co. located in York, Pennsylvania, are delivered to the building by way of ten-horse team and carriage.

1932

The Allentown Trust Company, the Jordan State Bank and the Ridge Avenue Deposit and Trust Company fail due to the growing recession. The Lehigh Valley Trust Company remains strong.

1954

The Lehigh Valley Trust Company opens new branches throughout the Lehigh Valley. In addition to their building on 634 Hamilton Street and Seventh and Tilghman Streets they added branches at Seventeenth and Chew Streets in the Lehigh Shopping Center on Union Boulevard.

1968

The Valley’s banking industry undergoes consolidation. Lehigh Valley Trust Company merges with Jenkintown Bank and changes its name to “Industrial Valley Bank”.

1980

The Lehigh Valley Trust Company (LVB) merges into Fidelcor, a large regional bank.

1988

The 634 Hamilton Street office of Fidelcor is closed. Siegfried Brann purchase and begins restoration. The tapestries draped along the sides of the interior are modeled after Edwardian ornaments and were woven in Belgium specifically for the Trust Building. Behind each of the eight tapestries is a mural of the Lehigh valley’s most prominent companies: Pennsylvania Power and light, Air Products, Mack Trucks, Lehigh Structural Steel, Western Electric, Lehigh Cement, Finance America and Bethlehem Steel.

2004

Mark W. Jaindl purchases the Lehigh Valley Trust Company Building.

2017

Jaindl Properties, LLC scheduled to finish renovations. The Lehigh Valley Trust Company Building will reopen as Vault 634, a premier wedding and event venue in the heart of the Lehigh Valley.