On August 2, 1911, the foundation stone for the new Sparkasse building was laid at the confluence of Rathausstraße and the Old Market. The previously existing small-scale residential development had been demolished. Between the house St. Vith on the one hand and the hotel Herfs on the other hand, the building site moved to the market. Less than a year later, as early as June 1912, Mayor Herman Piecq was able to hand over the construction of his new building in a ceremony. The architect was Stadtbaurat Otto Greiß, who had already proved his skills with the water tower on Viersener Straße. As with the water tower, elements of Art Nouveau, designed by Emil Hollweg, decorate the Sparkasse.
The new savings bank building before the First World War. With the new building, the Sparkasse emancipated itself to some extent, previously she had been housed in the town hall. In the new premises, the Sparkasse was able to take over current account transactions for its customers and offer them lockers. The fact that it was based on the existing banks, was reflected in the fact that from then on their opening hours were taken. In his speech Piecq stated: "We hope that today we take a very special step forward, as well as the construction of the building not only in the Inside, but also in appearance should be an eminently step further in the development of our cityscape. The Sparkasse building is erected on the main market square, but in such a way that the saver, who does not like to see him, that he brings or brings his savings, but can quickly slip in or out. "
After the relocation of the Sparkasse branch in 1961. Originally the bank was the financial institution for the "little people" - now they wanted to become a real bank. This expressed itself by a for the time large customer hall with three switches, whose number could be doubled with large crowds and a seating area equipped with seating. In addition to their own safe cellar offered to the customer "safes". These were massively secured and the savings bank already had its own telephone line. The nearest police station was only a stone's throw away in the Neustraße 3. On the first floor there was a consulting room and the official residence of the savings bank rendezvous. The second floor was initially rented.
The Sparkasse used the building until the 1960s. In place of the neighboring hotel was built in 1959/60, a new building, in which the branch finally moved. The main office was already there on Bismarckplatz. After various uses in 1976, the registry office Mönchengladbach moved into the building, where it is located next to the police station to this day.
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