New TSB banks on the High Street

Did anyone else notice the newest bank on the street? I only noticed the new light blue, blue and dark blue logos of TSB earlier this week, unaware of their official launch from Lloyds to TSB on 9 September 2013. The company uses the TSB brand, which was previously used by the Trustee Savings Bank prior to its merger with Lloyds Bank.

I really like the story book element of this advert, which starts with the roots as the first trustee savings bank established by Reverend Henry Duncan in Dumfriesshire for his poorest parishioners in 1810. He was said to have wanted to create the bank with the sole purpose to serve the local community. The advert charts the history of the bank to the credit crunch and its vision for the future of banking.

This is part of Lloyd’s initiative to go back to its local banking and relationship building roots. The bank offers a full range of personal and business banking and financial services, including current accounts, mortgages, credit products, insurance, and savings products. TSB Bank is authorized by the Prudential Regulation Authority and regulated by both the Prudential Regulation Authority and the Financial Conduct Authority (the two entities that were previously the Financial Services Authority). The bank is a member of the Financial Ombudsman Service and the Financial Services Compensation Scheme and regulated by the Office of Fair Trading for its credit products.

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Category: money