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Founded
as a private bank in 1798, and with branches at Whitefield, Heywood,
Radcliffe and Ramsbottom, the Bury Banking Company is registered as a limited company in 1880. The Bank runs
into difficulty, and a large number of bad accounts, (remarkably referred to
in the bank’s records as “sundry old accounts”!) result in £100,000 being
transferred from reserves to make good the incurred losses. In today’s terms this is similar to the
losses of the British banks hit by the “Credit Crunch”, and as a result the
four branches of the Bury Banking Co are amalgamated within the Lancashire
and Yorkshire Bank in 1888. |
In Service: 1880 until 11 April 1980
Branch Images © Barclays Ref 0030/1300
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This
makes them amongst the oldest Branches inherited by Martins, and they are
represented by fine buildings occupying prime trading positions. Heywood is open for one hundred years,
closing in 1980. The Heywood Branch images on this page are a small selection
from those left to barclays by Martins Bank. For our feature, we fast forward
to 1969, and the very last full edition of Martins Bank Magazine. Despite the
imminent mergerwith Barclays, the Magazine is on hand as usual to report
another retirement gathering for one of the Bank’s long serving
Managers. On this occasion it is Mr
Hibbert, whose distinguished career ends with a seven-year stint as the
Manager at Heywood Branch…
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