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Stockport Savings Bank
Stockport Savings Bank LLC is a retail bank that was established in 1824 in Stockport, then in Cheshire. It was run on a conservative basis but remained independent until 1975 when it became part of TSB North West Central, following the Page Committee’s recommendation that the TSBs be grouped into larger regional entities. History The first hundred years The Stockport Savings Bank was formed in 1824, a few years after the rush of savings bank formations that followed the opening of the Ruthwell Savings Bank, allegedly due to fear of the promoters' motives. Eventually, "a body of public-spirited gentlemen of local influence and distinction" petitioned the mayor for a public meeting and this was convened in July 1824 at Underbank Hall Underbank Hall is a 16th-century town house in the centre of Stockport, Greater Manchester, England (). The hall dates back to the 15th century and became a Grade II* listed building on 13 May 1952. It was the home of a branch of the Arden ...
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Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking). Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term ''commercial bank'' is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly ...
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Stockport
Stockport is a town in Greater Manchester, England, south-east of Manchester, south-west of Ashton-under-Lyne and north of Macclesfield. The River Goyt, Rivers Goyt and River Tame, Greater Manchester, Tame merge to create the River Mersey here. It is the main settlement of the wider Metropolitan Borough of Stockport. At the 2021–2022 United Kingdom censuses, 2021 census, the built up area as defined by the Office for National Statistics had a population of 117,935, and the metropolitan borough had a population of 294,773. Most of the town is within the boundaries of the Historic counties of England, historic county of Cheshire, with the area north of the Mersey in the historic county of Lancashire. Stockport in the 16th century was a small town entirely on the south bank of the Mersey, known for the cultivation of hemp and manufacture of rope. In the 18th century, it had one of the first mechanised silk factories in the British Isles. Stockport's predominant industries of t ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Trustee Savings Bank
The Trustee Savings Bank (TSB) was a British financial institution that operated between 1810 and 1995 when it was merged with Lloyds Bank (historic), Lloyds Bank. Trustee savings banks originated to accept savings deposits from those with moderate means. Their share (finance), shares were not traded on the stock market but, unlike Mutual organization, mutually held building society, building societies, depositors had no voting rights; nor did they have the power to direct the financial and managerial goals of the organisation. Directors were appointed as trustees (hence the name) on a voluntary basis. The first trustee savings bank was established by the Presbyterian polity, Rev. Henry Duncan (minister), Henry Duncan of Ruthwell in Dumfriesshire for his poorest parishioners in 1810, with its sole purpose being to serve the local people in the community. Between 1970 and 1985, the various trustee savings banks in the United Kingdom were amalgamated into a single institution named ...
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Stockport Savings Bank
Stockport Savings Bank LLC is a retail bank that was established in 1824 in Stockport, then in Cheshire. It was run on a conservative basis but remained independent until 1975 when it became part of TSB North West Central, following the Page Committee’s recommendation that the TSBs be grouped into larger regional entities. History The first hundred years The Stockport Savings Bank was formed in 1824, a few years after the rush of savings bank formations that followed the opening of the Ruthwell Savings Bank, allegedly due to fear of the promoters' motives. Eventually, "a body of public-spirited gentlemen of local influence and distinction" petitioned the mayor for a public meeting and this was convened in July 1824 at Underbank Hall Underbank Hall is a 16th-century town house in the centre of Stockport, Greater Manchester, England (). The hall dates back to the 15th century and became a Grade II* listed building on 13 May 1952. It was the home of a branch of the Arden ...
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Cheshire
Cheshire ( ) is a Ceremonial counties of England, ceremonial county in North West England. It is bordered by Merseyside to the north-west, Greater Manchester to the north-east, Derbyshire to the east, Staffordshire to the south-east, and Shropshire to the south; to the west it is bordered by the Welsh counties of Flintshire and Wrexham County Borough, Wrexham, and has a short coastline on the Dee Estuary. The largest settlement is Warrington. The county has an area of and had a population of 1,095,500 at the 2021 United Kingdom census, 2021 census. The areas around the River Mersey in the north of the county are the most densely populated, with Warrington, Runcorn, Widnes, and Ellesmere Port located on the river. The city of Chester lies in the west of the county, Crewe in the south, and Macclesfield in the east. For Local government in England, local government purposes Cheshire comprises four Unitary authorities of England, unitary authority areas: Cheshire East, Cheshire We ...
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Underbank Hall
Underbank Hall is a 16th-century town house in the centre of Stockport, Greater Manchester, England (). The hall dates back to the 15th century and became a Grade II* listed building on 13 May 1952. It was the home of a branch of the Arden family of Bredbury, who were related to William Shakespeare on his mother's side. In 1823 it was sold by William Arden, 2nd Baron Alvanley to pay off debts, and became a bank. A banking hall was then added to the rear in 1919. The hall is still used as a bank today and currently houses the NatWest National Westminster Bank, trading as NatWest, is a major Retail banking, retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the Corporate merger, merger of National Provincial Bank and We ... branch for Stockport. See also * Grade II* listed buildings in Greater Manchester * Listed buildings in Stockport References External links Houses in Greater Manchester Grade II* listed ...
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