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The Equitable Bank
merges with the Bank of Liverpool and Martins in 1927, and amongst a number
of key Branches in Yorkshire is No 64 Leopold Street Sheffield. Possibly
unique, the Equitable is a Bank AND a Building society, the benefits of which
to its customers are proudly advertised (see below). Following the creation
of the modern day Martins Bank Limited in 1928, business at Leopold Street
has grown beyond the physical restraints of the building, and Martins moves
to what it described as “one of the most outstanding and modern blocks of business
premises in Sheffield” at TELEPHONE
BUILDINGS, West Street.
Sheffield
Independent 4 Jan 1926 Image © Northcliffe Media Limited Image
created courtesy of THE BRITISH LIBRARY BOARD. Image reproduced with kind
permission of The
British Newspaper Archive
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In Service:
23 December 1924 until 20 December 1930
Sheffield
Independent 30 Jan 1929 Image © Northcliffe Media Limited Image
created courtesy of THE BRITISH LIBRARY BOARD. Image reproduced with kind
permission of The
British Newspaper Archive
Extract from Bank of Liverpool and Martins Annual Report
and Accounts for 1927 © Barclays
Image © BT 1928
{ Martins
Bank has hitherto operated in Sheffield from the branch office in Leopold
street, but on and after Monday next, 22 December, it will do so from their
new premises in the Telephone Buildings, West street which is one of the most
outstanding and modern blockd of business premises in Sheffield. Small
accounts as well as large are open, and “home banks” issued on a minimum
deposit of one shilling. Martins Bank, which has over 510 offices in various
parts of the country, has its headquarters in Liverpool at 7, Water street,
while its London office is in the hub of the Money Market, at 68, Lombard street, E.C.3.} Sheffield
Independent 20 Dec 1930 Image and text © Northcliffe Media Limited
Image created courtesy of THE BRITISH LIBRARY BOARD. Image reproduced with kind permission of The
British Newspaper Archive |
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64 Leopold Street is
first leased by the Equitable Bank at Christmas 1924, and spends roughly the same
amount of time a Martins Branch, as it does a Branch of the Equitable Bank.
The 1990s sees traditional British Building Societies almost stumbling over
each other to become BANKS, with many falling by the wayside, some swallowed
up by the competition, as their well regulated mortgage books, and large
deposit balances prove attractive to traditional financial institutions and
many new “players” in the market.
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