On the corner at L and Fourth streets, the weathered former Sacramento Savings building started demolition with a bulldozer this last Tuesday. Signs were posted on the building over three years ago that demolition was planned, but this was its last week.
The privately owned bank with the Pony Express rider logo had been in business since the 1870s, growing to more than 40 branches across the Central Valley and into the north state before First Interstate Bank acquired the lender in the mid-1990s. First Interstate was later bought by Wells Fargo.
Known as the ugly duckling of downtown buildings in the 1960s and 1970s, the building at 424 L Street will soon become a parking lot with no other plans in the near future.