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It’s 1897, which
despite being a most turbulent trading year for banking, the Lancashire and
Yorkshire Bank once more makes a very healthy profit. Even in times of economic uncertainty, it
seems that almost without effort, the Bank is able to offer handsome new
premises at Rochdale, Dewsbury and Rawtenstall. A strong indication of the virility of the
Bank is that these branches are actually opened by the Lancashire and
Yorkshire, they have not been taken
over, or acquired through amalgamation with other banks.
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THIS BUILDING
In Service: 1897 until October 1960 see also history at foot
of page.
The
1920s - Image: Martins Bank Archive Collection – copyright holder sought
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It is therefore clear that the Bank’s policy
of rapid expansion into areas which are perceived to provide good business,
is paying off – in return for the presence of a bank, local people use the
services, and more importantly deposit cash.
The knock on effect is confidence in the bank, which further adds to
its profitability. This is a period of growth in British Banking, the like of
which will not be seen again.
Image
Martins Bank Archive Collections - © courtesy of Haslingden Old and
New Rawtenstall Branch occupies a corner aspect,
which is very much favoured by Banks, as they can make their presence
felt in TWO streets at once. In these wonderfully atmospheric colour images, it is
just possible to make out the Bank’s name above the door. This particular
branch building remains open until October 1960, when Martins moves into new
premises at 36 Bank Street from where Barclays is still trading today. The
original Branch was also situated in Bank Street, but the actual street
number has not been recorded. |
Autumn
1960 – the end of the line. Stripped of her red brick tower, Rawtenstall is
about to fall foul of 1960s architectural changes. Image
© Martins Bank Archive Collections |
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