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The Lancashire and Yorkshire Bank is incorporated in 1872. That same year, it opens its first Branch
in the Rossendale area of Lancashire, at Waterfoot. This is
another example of a grand building with a pleasing corner aspect, and so
very typical of what is to come with the building and opening of later
branches of the Lancashire and Yorkshire Bank. The following extract from FOUR CENTURIES OF
BANKING VOL II © MARTINS
BANK LIMITED 1968 tells the brief
story of the establishment of a branch at Waterfoot: The first branch of the Lancashire
and Yorkshire Bank was opened in Waterfoot in 1872, nearly ten years before
the much longer established Bank of Liverpool opened its first branch. Edward Ashworth, one of the directors,
resided at Waterfoot, and had extensive woollen mills neaby. The branch at
Waterfoot was called Rossendale Branch, and the Board resolved that its
cheques should be printed in chocolate-coloured ink. One of its first acts as the Rossendale
Branch was to grant an overdraft of Ł500 to the Bacup Benefit Building
Society. |
In Service: 26 August
1872 until 12 June 1992 Image
© Barclays Ref 0030-3085 |
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To
mark his retirement at the end of March after 45 years' service, Mr. T. B.
Hamilton invited his staff at Waterfoot and some of his former colleagues to dinner
at Schofields Cafe, Stacksteads, on the evening of March 24th. There were 22
present including Mr. Kay (former Manager, Haslingden); Mr. Cooke
(Accrington); Mr. Collinge (Rawtenstall); Mr. Whittaker (Haslingden); Mr.
Hoyle (Hulme); and Mr. and Mrs. Frank Parker, who had travelled from their
new home in Kendal. The proceedings were opened by Mr. J. Clegg, the new
Manager at Waterfoot, and a number of Mr. Hamilton's former colleagues then
paid their tribute to him. Mr. Mitchell, cashier, presented Mr. Hamilton with
a cheque, embodying the subscriptions of his present and former colleagues,
and Miss Tweedale presented a bouquet to Mrs. Hamilton. Both suitably
responded and Mr. Hamilton said that it was his intention to purchase a cut
glass table lamp which would be a constant reminder of the happy days he had
spent at Waterfoot. Mr. Hamilton entered the
Lancashire and Yorkshire Bank in 1914. In 1923 he went to Haslingden, being
appointed Pro Manager there in 1938. He became Manager at Swinton in 1942 and
at Waterfoot in 1946. |
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