From the 'Turnback Tuesday' archives: Derby Bank

This week's "Turnback Tuesday" features a photo of the original Derby Bank. 

Although Derby "Savings" Bank is more well known, it was not the first bank in Derby. The original bank - known simply as "Derby Bank" - opened in 1809, fittingly on Bank Street, facing Jennings Lane. (Note: Derby Savings Bank didn't open until 1846.) Derby Bank was initially established in order to manage the profits brought in by the Derby Fishing Company. 

In fact, the two institutions were so closely linked that when the fishing company ultimately failed in 1815, Derby Bank closed down as well. 

The Bank re-opened briefly in 1824, but dissolved the following year.

[First posted on this date in 2016.]

Thanks as always goes to Derby Public Library staff for sharing interesting local history each week.

From the 'Turnback Tuesday' archives: Featuring original Derby Bank

This week's "Turnback Tuesday" features a photo of the original Derby Bank.

Although Derby "Savings" Bank is more well known, it was not the first bank in Derby.

The original bank - known simply as "Derby Bank" - opened in 1809, fittingly on Bank Street, facing Jennings Lane. (Note: Derby Savings Bank didn't open until 1846.)

Derby Bank was initially established in order to manage the profits brought in by the Derby Fishing Company. In fact, the two institutions were so closely linked that when the fishing company ultimately failed in 1815, Derby Bank closed down as well. The Bank did re-open briefly in 1824, but dissolved the following year.

[This was first published on this date in 2016.]

Thanks goes to the Derby Public Library staff for sharing interesting local history each week.

'Turnback Tuesday' (on Thursday) features original Derby Bank

Turnback Tuesday remembers the original Derby Bank. 
The first Derby Bank came into existence in 1809 and was located in a red brick building at 31 Bank St., Derby. The bank was successful until the War of 1812 which brought disaster to the enterprise. 
The bank finally collapsed in 1825. The building still stands today.


Thanks go to the Derby Public Library staff for sharing interesting local history each week!