District Bank
Encyclopedia
District Bank was a British
retail bank which operated in England and Wales
from 1829 until its merger into the National Westminster Bank
in 1970; it remains a registered company but is dormant. Considered one of the Little Six, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies.
Founded as a joint-stock bank, the Manchester and Liverpool District Banking Company immediately amalgamated with the private bank of Christy, Lloyd and Co. (established 1824). Later it was able to purchase the following banks:
In 1935, the bank merged with the County Bank (established 1862) and the following year, District Bank Limited, as it had become known, was admitted to the London clearing house
.
Following acquisition by National Provincial Bank
in 1962, the two banks maintained their separate identities and independent operations.
. The District, National Provincial, and Westminster banks were fully integrated in the new firm's structure, while Coutts & Co. private bankers, Ulster Bank
, and the Isle of Man Bank
continued as separate operations. The statutory process of integration was completed in 1969 and the new company, National Westminster Bank Limited, opened its doors for business on 1 January 1970. NatWest, as it became known, is now part of The Royal Bank of Scotland Group.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
retail bank which operated in England and Wales
England and Wales
England and Wales is a jurisdiction within the United Kingdom. It consists of England and Wales, two of the four countries of the United Kingdom...
from 1829 until its merger into the National Westminster Bank
National Westminster Bank
National Westminster Bank Plc, commonly known as NatWest, is the largest retail and commercial bank in the United Kingdom and has been part of The Royal Bank of Scotland Group Plc since 2000. The Royal Bank of Scotland Group is ranked as the second largest bank in the world by assets...
in 1970; it remains a registered company but is dormant. Considered one of the Little Six, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies.
Founded as a joint-stock bank, the Manchester and Liverpool District Banking Company immediately amalgamated with the private bank of Christy, Lloyd and Co. (established 1824). Later it was able to purchase the following banks:
| Date | Acquisition | Established |
|---|---|---|
| 1844 | Nantwich & South Cheshire Bank | 1839 |
| 1844 | Loyd, Entwisle & Co., Manchester Manchester Manchester is a city and metropolitan borough in Greater Manchester, England. According to the Office for National Statistics, the 2010 mid-year population estimate for Manchester was 498,800. Manchester lies within one of the UK's largest metropolitan areas, the metropolitan county of Greater... |
1771 |
| 1844 | J. O. & G. Alcock, Burslem Burslem The town of Burslem, known as the Mother Town, is one of the six towns that amalgamated to form the current city of Stoke-on-Trent, in the ceremonial county of Staffordshire, in the Midlands of England.-Topography:... |
1830 |
| 1909 | Lancaster Banking Co. | 1826 |
| 1916 | Bank of Whitehaven | 1786 |
In 1935, the bank merged with the County Bank (established 1862) and the following year, District Bank Limited, as it had become known, was admitted to the London clearing house
Cheque and Credit Clearing Company
The Cheque and Credit Clearing Company Limited is a membership-based industry body with 12 settlement members. The company has managed the cheque clearing system in England and Wales since 1985, and in all of Great Britain since 1996 when it took over responsibility for managing the Scottish...
.
Following acquisition by National Provincial Bank
National Provincial Bank
National Provincial Bank was a British retail bank which operated in England and Wales from 1833 until its merger into the National Westminster Bank in 1970; it remains a registered company but is dormant...
in 1962, the two banks maintained their separate identities and independent operations.
National Westminster Bank
In 1968, National Provincial announced its merger with the Westminster BankWestminster Bank
Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it remains a registered company but is dormant...
. The District, National Provincial, and Westminster banks were fully integrated in the new firm's structure, while Coutts & Co. private bankers, Ulster Bank
Ulster Bank
Ulster Bank is a large commercial bank, one of the Big Four in both Northern Ireland and the Republic of Ireland. The Ulster Bank Group is subdivided into two separate legal entities, Ulster Bank Limited and Ulster Bank Ireland Limited...
, and the Isle of Man Bank
Isle of Man Bank
Isle of Man Bank Limited was founded on 26 October 1865, the first limited company to be formed after a new law, the Companies Act 1865, which paved the way for their establishment on the island...
continued as separate operations. The statutory process of integration was completed in 1969 and the new company, National Westminster Bank Limited, opened its doors for business on 1 January 1970. NatWest, as it became known, is now part of The Royal Bank of Scotland Group.