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A New Bank

Community Veteran
Posts: 18,545
Thanks: 191
Registered: 12-08-2007

A New Bank

A new bank appears on our High Street today.  Llloyds TSB has split into two and the new TSB logo will be seen again.  The bank will currently be operated by a seperate team but under Lloyds control until next year when TSB will be floated on the market.
TSB Appears
More competition can't be bad Wink
10 REPLIES
Thunderclap
Grafter
Posts: 673
Registered: 08-09-2008

Re: A New Bank

Quote from: artmo
A new bank appears on our High Street today.  Llloyds TSB has split into two and the new TSB logo will be seen again.  The bank will currently be operated by a seperate team but under Lloyds control until next year when TSB will be floated on the market.
More competition can't be bad Wink

Oh look, another bank paying a competitive 0.34% interest rate on savings - before tax.
Community Veteran
Posts: 2,284
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Registered: 04-08-2009

Re: A New Bank

New??  I had a TSB savings account when I was a lad, and that was 55 years ago! Trustee savings Bank.
Community Veteran
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Registered: 01-08-2007

Re: A New Bank

Quote from: artmo
Llloyds TSB has split into two and the new TSB logo will be seen again.

Blimey I can't even remember what it used to look like it was so long ago since they merged. I vaguely remember it having 3 circles? Thats quite something though isn't it as when most companies merge / are taken over their logos are never seen again.
Oh one other thing.. how can it be new if it's being seen again?  Cheesy
Any idea why this has happened?
I need a new signature... i'm bored of the old one!
Moderator
Moderator
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Registered: 14-04-2007

Re: A New Bank

Quote from: nozzer
New??  I had a TSB savings account when I was a lad, and that was 55 years ago! Trustee savings Bank.

Me too Smiley.....well, early 20s.
All associated sites were down but appear to be making a come-back..
Quote from: Sprite
Any idea why this has happened?

Quote
The new bank will be sold off next year, as part of a process ordered by the European Commission, to provide greater competition.
Customer and Forum Moderator.
Product of the Tyrell Corporation
Community Veteran
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Registered: 08-01-2008

Re: A New Bank

Can't really remember the logo but I remember the adverts:
"TSB, the bank that likes to say 'YES'."
I also recall the phrase 'T yes B' used in their advertising (as well as some people referring to it as 'Toytown Savings Bank').
Call me 'w23'
At any given moment in the universe many things happen. Coincidence is a matter of how close these events are in space, time and relationship.
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Thunderclap
Grafter
Posts: 673
Registered: 08-09-2008

Re: A New Bank

Quote from: w23
"TSB, the bank that likes to say 'YES'."

Wasn't it banks saying YES that got us all into this mess in the first place?
Community Veteran
Posts: 18,545
Thanks: 191
Registered: 12-08-2007

Re: A New Bank

Quote from: Sprite
Any idea why this has happened?

As posted by Strat the break up has been ordered by the EU.  It will purely be a retail bank and will not be getting involved in some of the more speculative banking activities.
Community Veteran
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Registered: 06-11-2007

Re: A New Bank

I used to be with Toytown Savings Bank..... had some appalling service from all levels.... counter staff to senior management....
even wrote a letter to the, then, CEO of Toytown Savings Bank... he did not reply...  Roll eyes
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Registered: 14-04-2007

Re: A New Bank

Never really had any problems with TSB in either guise.
I try to keep it simple for them and I do all my transacting online.
I've never phoned their help centre preferring to call in branch.
All in all I have no reason to transfer unlike some I know personally who have lost confidence in the bank because of the split. They only knew it as LloydsTSB.
I have the advantage of being with them when they were Trustee Savings Bank.
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Registered: 05-04-2007

Re: A New Bank

I remember my parents using TSB when they were separate - but I think their account is staying with Lloyds now (some people are being moved).
I found an old newspaper (from 1995 I think) with a TSB advert in it the other day. It even had a cut out coupon at the bottom where you can fill your address details in, and post it to them for more information.
I remember the days when adverts had that Grin