When in 1890, the Carlisle
and Cumberland Bank enjoys something of a growth spurt, it is also able to pay out very good
dividends to its shareholders.
Extension and modernisation of its branches follows, as does an
invitation to open a branch at Tow Law in County Durham. Surprisingly however, the Board of the
Carlisle and Cumberland turns down this invitation, leaving the field open
for other banks, and in 1891 a branch is opened at Tow Law by the North
Eastern Banking Company. Situated
halfway up a hill and looking like it is stuck to the front of a large
detached house, Martins Bank’s Branch at Tow Law has a long life, having made
it through the Barclays merger, and lasting until the year 2000.
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In Service: 1891 until 7
April 2000
Images
© Barclays Ref 0030-2965
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