The building was originally built for the Roslyn Savings Bank on the site of its older bank building in 1932.[2] It was designed by architect Alfred C. Shaknis and replaced the previous, 1906 bank building; the previous bank building housed both the Roslyn Savings Bank and the Bank of Hempstead Harbor – the latter of which would eventually be renamed the Roslyn National Bank and Trust Company and move to its own standalone location down the street in 1931.[2][3]
Additions to the building were built in 1963 and 1980.[2] The building's additions occupy the former site of the Roslyn Hotel.[2][4]
The original portion of the structure consists of a one-story banking hall with a gable roof, with a two-story flat roofed office block in a Georgian Revival style. The original front facade is five bays wide with a center entrance and features an elaborate, pedimented stone surround.[5]