The Austinville State Savings Bank was established in the unincorporated Butler County town of Austinville in 1911. In addition to surviving the Great Depression, the bank survived a number of robberies and attempted robberies. In 1922, over $2,000 was stolen from the safe while nitroglycerin was used in a similar robbery attempt in 1930. Another robbery occurred on February 17, 1940, when burglars cut through the bank’s 3,000-pound safe to steal $1,000. The last robbery was October 4, 1985, as a new security system was installed shortly after the incident.
After a series of acquisitions, the bank was converted to a branch of the Lincoln Savings Bank. When the Lincoln Savings Bank decided to close the Austinville office, community members met to discuss ways to preserve the historic building, related memorabilia, and the contract post office which shared space with the bank. The Austinville Historical Society was quickly formed and took control of the building. The post office branch continued to operate for more than a decade before its closure on June 2, 2011.