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A game of
musical chairs… One of the consequences of
banking mergers, acquisitions and amalgamations was often a sudden “glut” of
branches in a particular town. This may be advantageous, but when those
branches are in the same street, it is not always efficient to keep them all
open. In Burnley’s case Martins has
three branches in the town centre – one is St James’ Street, and TWO in
Hargreaves Street, just six doors apart from each other. 1930 sees the first
programme of branch closures since the bank became Martins Bank Limited in
1928, and the decicion is taken to close No 7 Hargreaves, and move the
business to No 13. Martins is very successful in
Burnley, and over the following thirty years business grows to the point
where the two remaining branches are past their prime, and finding it
difficult to cope. |
In Service: Pre 1922 until 1930 Image © Martins Bank Archive Collections – W N Townson Bequest |
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In 1963 a fourth
branch takes their place, at MANCHESTER
ROAD, the business 13 Hargreaves Street and St James’s
Street transferring over the Whitsun Holiday weekend to a newly built, modern
looking and streamlined office. This
completes Burnley’s game of musical chairs… |
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