Downey Savings Bank, Bank building in Downey, United States.

The Downey Savings Bank is a two-story brick structure with a commercial design representing early twentieth-century financial architecture in Cedar County. The building stands on Front Street in Downey, Iowa, maintaining its original exterior characteristics and detailing.

The institution was founded in 1903 and operated as a financial center until 1932 when it closed during the National Banking Holiday. This closure and subsequent merger with West Liberty Bank marked a turning point for the region's banking landscape.

John Bashor ran a grocery-hardware store in the building from 1935 to 1961, and a grocery store occupied it until 1972. A pool hall and cabinet shop conversion was attempted before it became a pottery in the mid-1970s. The bank's own name recalls the town's early commercial life.

The building is accessible on Front Street in Downey and easy to spot when walking through town. Visitors can observe the original brick facade and architectural details from the sidewalk to appreciate its design.

The building's 1976 listing came only about fifteen years after its grocery-store years ended and just as it was being used as a pottery, so the register entry records a structure that had already been a bank, a grocery-hardware store, a pool hall attempt and a workshop. It is one of the few two-story brick commercial buildings left from Downey's early business district.