The decorative castle-like building, completed in 1893, served as the headquarters for the Erie County Savings Bank. Designed by architect George B. Post, known for his work on the Buffalo Statler Towers, the building showcased pink granite sourced from Jonesboro, Maine, with ashlar masonry walls backed by brick. Despite its load-bearing exterior walls, the building incorporated an interior steel framing system. It had a unique triangular shape.
In 1968, as part of an urban renewal project, the building was demolished along with several adjacent structures, making room for the Main Place Tower. However, the lion statues that adorned the main entrance pillars of the original building and various granite architectural remnants were preserved. These artifacts can now be found on the Buffalo State College campus.