Old Stone Bank
Encyclopedia
Old Stone Bank was a popular Rhode Island
Rhode Island
The state of Rhode Island and Providence Plantations, more commonly referred to as Rhode Island , is a state in the New England region of the United States. It is the smallest U.S. state by area...

 banking institution. Founded as a mutual savings bank
Mutual savings bank
A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, that is owned by its members who subscribe to a common fund. From this fund claims, loans, etc., are paid. Profits after deductions are shared between the members...

, the Providence
Providence, Rhode Island
Providence is the capital and most populous city of Rhode Island and was one of the first cities established in the United States. Located in Providence County, it is the third largest city in the New England region...

 Institution for Savings, in 1819, it collapsed in the 1980s after the federal government convinced it to take over two failed savings and loan institutions, but reneged on its promise that it would not hurt the bank to do so. In 1992, Old Stone filed a lawsuit against the government alleging breach of contract. They were awarded $192 million in 2004, but an appeals court reduced the award to 74.5 million, and the Supreme Court declined to hear a further appeal.

Its mascot was Fred Flintstone
Fred Flintstone
Frederick Joseph “Fred” Flintstone, also known as Fred W. Flintstone or Frederick J. Flintstone, is the protagonist of the animated sitcom The Flintstones, which aired during prime-time on ABC during the original series' run from 1960-66. He is the husband of Wilma Flintstone and father of Pebbles...

, who would say in commercials "Yabba-dabba-doo, love that Old Stone Bank!"

The bank's ATMs were called "Ready Freddy".
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