‘Thrift Radiates Happiness’: Birmingham’s unique Municipal Bank
The Birmingham Municipal Bank had a long and distinguished history. It was the brainchild of Neville Chamberlain in the First World War designed to encourage working people to save for the war effort; but it grew and developed in peace time to serve the city’s men, women and children, with over a third of the population having accounts with the Bank by 1939. It was unique; no other cities followed Birmingham’s lead.
Andrew Reekes, historian and author, explains the origins and development of this unique institution.
Keywords: municipal bank; Birmingham; Andrew Reekes; Neville Chamberlain
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