It was the first high-rise building in Orange County. Samuel Kraemer 'made a fortune' from oil being discovered on his land. Kraemer invested his wealth in developing much of downtown Anaheim during the 1920s, including this six-story building for the American Savings Bank of Anaheim. The rich use of Gladding-McBean tile on the entire south and west facades arguably made it the most outstanding building in North Orange County when it was built.
Designed by local architect M. Eugene Durfee, the building was the tallest in Orange County. It remained so for over four decades.
The building once was the headquarters of El Camino Savings and Loan.
It was noted to be "an excellent example of Renaissance Revival architecture", and to be one of few buildings surviving in Anaheim that featured extensive use of terra cotta glazed tiles.[2]
