Airdrie Savings Bank
company_name = Airdrie Savings Bank
company_slogan = Trusted Locally, Welcomed Nationally
foundation = 1835
location = Airdrie,
North Lanarkshire, Scotland
Finance and Insurance
homepage = [http://www.airdriesavingsbank.net// www.airdriesavingsbank.net]
Airdrie Savings Bank is a small commercial
bankoperation in the Lanarkshireand Glasgowareas of Scotland. It runs 8 branches throughout this area, with its head office in Airdrie, North Lanarkshire. Total assets of the bank at 31 October 2006 were £126 million with reported profits of £0.555 million.
Airdrie Savings Bank was formed as part of a movement to bring banking services to the wider community in 1835. A board of trustees from the local community act as board of governors. Similar banks were set up throughout the
United Kingdom. Eventually most of these were brought under the umbrella of the Trustee Savings Bank, which was subsequently floated on the London Stock Exchange. Airdrie was the only Savings Bank not to join this scheme and remains an independent entity.
Airdrie Savings Bank is the only remaining Savings Bank in the UK. It has no shareholders and is instead governed by a Board of Trustees, appointed to represent the interests of depositors and to ensure that the Bank is managed properly.
* [http://www.airdriesavingsbank.net Airdrie Savings Bank]
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