Emigrant Bank | 18,406 followers on LinkedIn. In 1850 a group of Irish emigrants founded Emigrant Bank as a mutual savings bank in New York City. Today, Emigrant is one of the largest privately held, family owned and operated banks in the country. Its subsidiaries include: Emigrant Capital, Emigrant Financial Services, Emigrant Business Credit Corp., Emigrant Funding, New York Private Bank & Trust and Emigrant Mortgage Company.