The palace of the former Savings House, a large-scale building with a commercial ground floor and two upper stories of rented apartments, was built in a record seven months in 1906. The building appeals through its free use of form and the exuberance of its facades, typical of the first period of the architect Gemeinhardt’s career. We find floral, zoomorphic, and anthropomorphic decorations on the building, all done in Secession style. The building's corner is emphasized by a two-story oriel window that is covered with a turret and decorative finial. A frequent appearance in the architect's work, a composition with two heralds holding a shield that bears three bees grabs the viewer's attention, pointing out the building's financial function through heraldry.