Antanas Olšauskas

Antanas Olšauskas (June 13, 1863 – May 10, 1942) was a Lithuanian American businessman. He was the publisher of the Lithuanian weekly newspaper Lietuva and founder of A. Olszewski Bank.

Orphaned at an early age, Olšauskas did not receive any formal education. He worked as a carpenter before emigrating to the United States at the age of 25. He managed to get a job at a Polish printing press. In 1893, he took over the struggling Lithuanian weekly newspaper Lietuva and turned it around. It became a popular liberal periodical. He then established A. Olszewski Bank which served the Lithuanian American community. It became successful and customer deposits peaked at $1 million. Olšauskas used customer deposits to build offices and open other business ventures (Theater Milda, clothing shop, car dealership, residential real estate). A bank run in 1916 forced him to sell these businesses and liquidate the bank. However, he was able to raise capital and establish the Universal State Bank in 1917. After quarrels with the new leadership of the Universal State Bank, Olšauskas resigned in 1919. He then made a modest living selling ship tickets and insurance.