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Between 1900 and the merger in 1914 with the Bank of Liverpool, the North Eastern Banking Company opens many new Branches. In 1902 it is the turn of Dipton, near Annfield Plain in County Durham to have its own outpost of the North Eastern Bank, and this is inherited by Martins and kept on until 1932.  We can equate Branch closures with three distinct periods in the history of the modern day Martins Bank– from 1928 to 1935 the Bank consolidates its Branch portfolio following the amalgamation with the Lancashire and Yorkshire Bank, and the enormous expense both of rebuilding 68 Lombard street and building a Branch new Head Office in Liverpool.  The next wave of closures comes as a result of the Second World War, when despite the army of women managers and clerks in charge, the Kennet Committee calls more and more of Martins’ Staff to war, and there are no longer enough to maintain many of the tiniest sub Branches in remote areas.  

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1966 Refit and Rebuild MBM-Au66FC.jpg

Extract from Martins Bank Annual Report and Accounts for 1931 © Barclays

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Extract from Kellys Directory of Durham © 1914

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The last major time of change is from 1956 up to the time of the merger with Barclays, when many old, expensive to run Branches and sub-Branches, are shed in favour of investing in refurbishments of larger offices or in brand new buildings, the latter particularly in the Midlands, South and South West.  Dipton, opening just five hours a week is gone in the first of these phases of upheaval.  We have no image of the Branch, so if you can help, please do get in touch with us at the usual address: gutinfo@btinternet.com .

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Title:

Type:

Address:

Index Number and District:

Hours:

 

Telephone:

Services:

Manager:

11-032 Dipton

Sub to 11-032 Annfield Plain

Main Street Dipton Annfield Plain County Durham

359 North Eastern

Tue and Fri 1030-1300

No Saturday Opening

No Telephone

Counter Service Only

Annfield Plain Manager

 

1902

7 August 1914

18 December 1918

3 January 1928

1932

Opened by the North Eastern Banking Company

Bank of Liverpool

Bank of Liverpool and Martins

Martins Bank Limited

Closed

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