COMMUNITY: Municipal Bank celebrates 100 years of banking

Image of board members of Clydebank Municipal Bank

Scotland’s oldest Municipal Bank was celebrated this week – 100 years on from it opening its doors for the first time. Joining in the celebrations were Provost William Hendrie and Cllrs Gail Casey, Lawrence O’Neill and John Mooney.

By Lucy Ashton

Clydebank Municipal Bank is one of only two remaining Municipal banks in Scotland.  The idea to open the bank was first raised in Clydebank Town Council in May 1920, and the bank was officially formed on 22 June 1921.

The bank provides a savings facility to residents of West Dunbartonshire and beyond and has recently extended the facility to telephone banking allowing account holders to transact with the bank without needing to attend the bank in person.

Board members including West Dunbartonshire’s Provost William Hendrie and elected members from Clydebank Central and Waterfront wards, gathered at the Titan Crane to commemorate the milestone 100th anniversary.

Provost William Hendrie, Clydebank Municipal Bank chairman, said: “This milestone marks a century  of residents’ trusting the Municipal Bank to invest their money securely until they need to access it again.

“I would encourage anyone who is looking to open an account to get in touch as it is an easy process and a great, secure way to save money. I would also like to thank all our customers who have accounts with us, as their custom has helped us achieve this great milestone.”

To open an account you need two forms of identification – one to confirm the address and one for photographic identification.

If you would like to speak to a member of staff, please call  01389 738682 or mobile numbers  Mon-Fri 07557327731, Mon-Wed 07557491857 email the bank at municipal_bank@west-dunbarton.gov.uk

Opening hours  are 9:30am–4pm the bank will closed 1:00pm-2:00pm every day.

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