Lloyds TSB

 
Lloyds

The origins of Lloyds Bank stretch back to 1765, when John Taylor and Sampson Lloyd set up a private banking business in Birmingham, England.

In 1865 the partnership changed its status to a joint-stock company, naming itself Lloyds Banking Company Limited.

In 1810, the Reverend Henry Duncan of Ruthwell, Dumfriesshire, set up a bank to help his poorest parishioners save for times of hardship. It was such a popular scheme that by 1818 there were 465 savings banks in Britain (including 182 in Scotland).

The Trustee Savings Bank Association (TSBA) was established in 1887 to help the individual banks co-operate and to advise on matters of common concern.

In 1995, the merger between TSB and Lloyds Bank formed Lloyds TSB Group plc, one of the largest forces in UK banking.

Lloyds TSB is the parent company of Abbey Life, Cheltenham & Gloucester, Goldfish, Lloyds UDT and Scottish Widows.