TSB back on the high street - Banking - News - Moneyfacts

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TSB back on the high street

TSB back on the high street

Category: Banking

Updated: 09/09/2013
First Published: 09/09/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

From today the TSB brand makes its reappearance on the high street.

This follows the split of Lloyds TSB into two separate banks – Lloyds Bank and TSB.

For the moment, both banks' products will remain the same; the only change customers will see is a change in name.

Those customers who've been moved to TSB will receive rebranded debit and credit cards, whilst new websites for both banks have also been set up.

Customers will still be able to use both Lloyds Bank and TSB branches, until the banks announce otherwise.

All customers will have been informed of the change months ago, but to find out whether your branch has been affected, check out the branch checker.

History of TSB

  • TSB, which stands for Trusted Savings Bank, first started off as a savings bank movement for labourers and servants in 1810.
  • The first TSB current account and chequebook were launched in 1965.
  • In the early days, TSB bank branches acted independently from each other, but in the 1970s these separate banks joined to become regional institutions and in 1986 the TSB Group was officially created after its flotation on the London Stock Exchange.
  • In 1995, Lloyds Bank and TSB merged to become Lloyds TSB, and the TSB brand disappeared from the high street, until today.

What next?

For more information on the Lloyds TSB split read our story on 'Seamless lloyds TSB Split'

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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