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It’s 1897, which despite being a most turbulent trading
year for banking, the Lancashire and Yorkshire Bank once more makes a very
healthy profit. Even in times of economic
uncertainty, it seems that almost without effort, the Bank is able to offer
handsome new premises at Rochdale, Dewsbury and Rawtenstall. A strong indication of the virility of the Bank is that these branches
are actually opened by the Lancashire and Yorkshire, they have not been taken over, or acquired
through amalgamation with other banks.
It is therefore clear that the Bank’s policy of rapid expansion into
areas which are percieved to provide good business, is paying off – in return
for the presence of a bank, local people use the services, and more
importantly deposit cash. The knock on effect is confidence in the bank, which further adds to
its profitability. This is a period of growth in British Banking, the like of
which will not be seen again. Rawtenstall Branch occupies a corner aspect, which is very much
favoured by Banks, as they can make their presence felt in TWO streets at once. |
In Service:
1897 until October 1960 The 1920s
- Image: Martins Bank Archive Collection – copyright holder sought Image
Martins Bank Archive collections - © courtesy of Haslingden Old and
New |
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In this wonderfully atmospheric colour image, it is just possible to
make out the Bank’s name above the door. This particular branch building
remains open until October 1960, when Martins moves into new premises at 36
Bank Street from where Barclays is still trading today. The original Branch
is also situated in Bank Street, but the actual street number is not
recorded. |
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