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TSB was launched on 9 September 2013. Its headquarters are located in Edinburgh, Scotland, and it has more than five million customers [2] with over £37 billion of lending and £36 billion of customer deposits.
• The Reverend Henry Duncan founded the first self-supporting “Trustee Savings Bank” in 1810, to help working people in Dumfriesshire manage their annual wages. • By 1951, TSBs had combined...
In December 1995, Lloyds Bank and TSB merged to form Lloyds TSB. However, it was another four years before the new bank became a high street name. By early 1999, only a handful of branches displayed the new Lloyds TSB livery.
Apr 24, 2013 · • The savings bank movement started in 1810 – the year that saw Napoleon marry his second wife and Lord Byron swim the Hellespont in Turkey. • The first self-supporting savings bank was...
TSB itself was created in 1985 by an Act of Parliament that merged all the remaining savings banks in England & Wales as TSB Bank plc and in Scotland (except Airdrie Savings Bank) as TSB Scotland plc.
The first trustee savings bank was established in 1810 in Ruthwell, Scotland, by the Rev. Dr. Henry Duncan. The purpose of the institution was to provide incentive and encouragement to financial responsibility among those of smaller income, who did not patronize the big, established joint stock banks.
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TSB Group plc is the holding company for the TSB — Trustee Savings Bank — and has a history of banking service stretching back to the early nineteenth century. Until the 1980s, the history of what is called the TSB is really the history of individual TSBs: small, independent trustee savings banks formed by members of a community to serve ...
