The Simon Hirschland Bank was founded in Essen, Germany, by Simon Hirschland, who started his business as a merchant, and over the years began to lend money. The History and Fate of the Jews of Essen: A Memorial book to fellow Jewish citizens of the city of Essen , by Dr. Hermann Schröter (circa 1984) The banking business began in 1841 and Simon Hirschland also traded in wool, meat, pelts, nails, copper, lead and cattle, from 1 Weber Street. Simon Hirschland's son, Issac, took over operation of the bank on his father’s death, and his sons, Georg and Kurt became the bank’s principles after Issac. The bank grew into an international investment bank, with concerns as far away as South America and the United States. Hirschland Family of Essen

In 1938, the Simon Hirschland bank was forcibly sold and the family members who were involved in the bank fled to and settled in he UK, Canada, and the United States. Though the family members who arrived in the United States arrived with only their suitcases, the family has flourished, with many bankers, doctors, lawyers, and professionals in many fields. Hirschland Family of Essen

The bank building still exists as a department store on Lindenalle, near the renamed Hirschlandplatz, in Essen.