Posted by: westlancashirerecord | May 8, 2018

RBS Bank Bunking Off To Burscough

Being of a certain age I think I can still recall clearly enough that Williams & Glyn’s Bank was formed by merging three constituent parts, Williams Deacon’s Bank, Glyn, Mills & Co, and the English and Welsh branches of The National Bank.

I checked and sure enough I discover that from 1970 all the 326 constituent branches, including mine, began trading as part of Williams & Glyn’s Bank.

Williams & Glyn’s was the first clearing bank to introduce free banking for personal accounts in credit. It advertised itself as a friendly bank and it was too. In 1985 The Royal Bank of Scotland Group’s two major subsidiary holdings, Williams & Glyn’s Bank and The Royal Bank of Scotland, were fully merged as The Royal Bank of Scotland plc. It merged with Natwest in around 2000. It’s now a direct subsidiary of Natwest Holdings.

Following the announcement from RBS of their decision to close 162 branches across England and Wales, including Ormskirk’s branch, West Lancashire MP Rosie Cooper  said “Yet another blow from the banking sector to our town centres and sadly with the loss of a number of jobs.

“RBS have been clear in their decision-making assuring me and their customers that full banking can be accessed at the nearby Natwest branch . I will be asking the RBS Directors to assure me of their support for its customers during the closure and particularly elderly residents who may not be as comfortable with being redirected online.”

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