 On December 31, 1986, the bank acquired Eastern Savings Bank, obtaining three branches in the Bronx, two in Westchester and two on Long Island.In 1989, the bank acquired Sag Harbor Savings Bank and its 5 branches for $29.5 million.Sag Harbor Savings Bank was chartered in 1860 in Sag Harbor, New York to provide financial services for the whaling industry.