This is Hyde Daily Photo Volume 1 (2006-2011) which is now in archive mode. For recent photographs please visit Hyde Daily Photo Volume 2. Additional material and links to blogger friends can be found at Hyde DP Xtra.

Wednesday, July 07, 2010

ABC Wednesday:
Y is for Yorkshire Bank



The Hyde branch of the Yorkshire Bank is on Market Street in the Town Hall Buildings sandwiched now between the Chicken Hut and Subway.

Check out the 1990 view on Old Hyde and you'll notice that it had different neighbours twenty years ago. The shop above was Etcetera which I think was a ladies dress and accessories shop. The shop below was Granada TV Sales & Rentals and to the right of that was Greenwoods Gents Outfitters.

According to Wikipedia
the bank was established on 1 May 1859 by Colonel Edward Akroyd of Halifax. Based in Leeds it was known as the West Riding Penny Savings Bank. It had originally been planned as a provident society but the status of savings bank was eventually chosen. ... The bank was operated on a non-profit making basis and in 1860 it was decided to extend operation to the other ridings of Yorkshire {and later obviously to surrounding counties}.

To recognise this the name was changed to the Yorkshire Penny Bank. In 1872 it issued cheque books for the first time, primarily for small tradesmen. At that time the bank became the first to create school banks, to encourage the idea of saving at an early age. {I recall as a child having a number of savings boxes and piggy-banks donated by the YPB}

... In its centenary year of 1959 the bank's name changed to the more familiar Yorkshire Bank Limited. During the 1970s the bank became one of the first to offer fee-free banking whilst in credit, a move that took bigger rivals a decade to follow. In 1982 it adopted public limited company status.

In 1990 it was acquired by the National Australia Bank who in 2005 announced its intention to merge the Yorkshire Bank with the Clydesdale under one operating licence, in which the former would be a trading name of the latter. Both operate under separate identities although the Clydesdale brand is the one that has been used in further expansion into the south of England.
For more Y posts visit ABC Wednesday.

15 comments:

RuneE said...

Very fittingly a man is using the ATM - the modern cashier.

Fred Miller said...

I'm starting to feel as though I'm making a personal visit when I view your pics and read your blog. This is much nicer than a travel brochure or a two-week bus trip through England. I hope this trip continues indefinitely.

Roger Owen Green said...

I forget how popular Subway is outside of the US!

ROG, ABC Wednesday team

Mar said...

It's convenient to have an ATM right outside those places to grab something to eat!
Interesting picture for Y, happy week ahead.

ABC Wed: Y

Amy said...

Very interesting post - "Yorkshire" always reminds me of Christmas when I was a little girl. My mother would serve Roast Beef and Yorkshire Pudding. And a few years ago, my daughter and I drove to York from London. Thanks for the tour!

Life with Kaishon said...

Yorkshire makes me think of Christmas as well : ) Very nice post. Fascinating as always1

Hildred and Charles said...

Thanks for the history, - I love the name Penny Savings Bank. Very inspiring, a penny saved, etc.....

Boom Nisanart said...

I like the building !

Reader Wil said...

The problem with banks is, that they all go to internet banking. This is for a lot of elderly people a very difficult matter as they don't know how to work on a computer. Then banks move away from small places like mine, and they go to a city, which is again a problem for old people who are dependent on public transport.
Gerald, I saw your comment on Mara's blog. That's why I come to see you! You made me smile, when you said that you understand the meaning of "double Dutch". Is it such a difficult language? English and Dutch are related you know! At least old English and old Dutch. My language sounds harsh, I know, but we try to speak other languages so that it makes it easier to communicate with the rest of the world.

Cheryl said...

How many of these things did you post today? I'm so confused about where to find you!

Cezar and Léia said...

Looks a busy street there.I like those bricks, it's so English! :)
Léia

michael said...

I enjoy the commentary you offer with your photo. That adds so much.

Dave Williams said...

Gerald

The shop to the right of Yorkshire Bank was Granada TV Sales & Rentals in 1990, and to the right of that was Greenwoods Gents Outfitters. It might have been Dunns Outfitters before that, but I don't recall.

Dave Williams (the husband of one of the ladies you keep photographing on the RNLI stall)

Gerald (Hyde DP) said...

Thanks Dave - I was hoping someone would correct me - I've amended the text accordingly.

BLOGitse said...

hahaa, got you! :)
I thought your name was familiar...from SSS!
I just subscribed your feed to follow you more often than just on Sundays :)
Have a good nite sleep...
Greetings from Casa,

BLOGitse

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