I know nothing about banking, so this may be a dumb question. I do not want to exchange foreign currency into USD and then put it in a savings account. I want to keep a US savings account in a foreign currency. Are there any banks that offer this type of account in the New York area? Thanks in advance!
It depends on the currency you want. Many non-US based banks have branches in NYC, and some offer accounts in the currency of the country the bank is from. Your best chance is to find out the names of the major banks in the country of the currency in question, and see if they have a branch in NYC.
Normally, no. Most banks will require you to convert the assets into US dollars
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