 Clifton Savings Bancorp was founded as Botany Building and Loan Association in 1928 in Clifton's Botany Village section of town.The bank became known as East Clifton Building and Loan two years later and assumed the name Clifton Savings and Loan Association in 1954, all while remaining in the Botany section of Clifton; the bank served as the company's headquarters until 1998.The bank's first branch office was opened in the Richfield section of Clifton in 1954, is located on the portion of Clifton Avenue designated NJ 161, and was the first to offer a drive-up window for banking.