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Tantobie lies just two and half miles to the north west of Stanley in
County Durham. The Bank of Liverpool
and Martins opens its sub branch there in 1920, but it lasts only until the
outbreak of the second world war, when some thirty-eight branches are
mothballed and not re-opened after the War, due to huge numbers of Martins
Bank’s staff being called up to active service. Between 1918, when the Bank
of Liverpool and Martins is established, and 1932, when the new Martins Bank
is only four years old, we witness the beginning of a massive expansion –
that continues right up to the merger with Barclays – almost one hundred new
branches and sub branches are opened throughout England and Wales. |
In Service:
1920 until 1939 |
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Extracts from Bank
of Liverpool and Martins Annual Rpeort for 1920 © Barclays |
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Those opened in the North of the country are mainly tiny sub offices,
mostly open for one day or less per week, tucked away in some of the remotest
corners of Lancashire, Westmorland, Yorkshire, Durham and
Northumberland. 1932 sees the opening
of Martins Bank’s lavish new Head Office Premises in Liverpool, and the
rebuilding of the principal London Office of the Bank at 68 Lombard Street,
in London takes place two years earlier.
At this point thirty-four branches have already been closed down, and
between 1932 and 1938 a further fourteen are removed from the Bank’s
portfolio, probably to save money following the huge outlay on the new
building work. Despite the upheaval of
branch closures over a period of twenty years or so, Martins is determined to
expand Southwards, and from a position of being able to boast 600 branches in
the post war decade, this number grows to more than 750 by 1969, and the
merger with Barclays. If all outlets
had remained open since 1918 Martins would have operated more than 900 branches! |
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Intellectual Property Rights © Martins Bank Archive Collections 1988 to
date. M |