1st Bank of Sea Isle City was formed in 1888 as Sea Isle Building and Loan, when the founding fathers of Sea Isle City saw the need to promote home-ownership among area residents. As a building and loan, we opened simple savings accounts and loaned the money for homes. We started small, like all businesses do Ai even operating out of someoneAos home! At that time, Sea Isle City was mainly rural pasture and miles of unexplored seashore.