The Stourbridge and Kidderminster Bank was a
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
that operated in England from 1834 until 1880 when it was taken over by the
Birmingham Banking Company
The Birmingham Banking Company was a bank that operated in Birmingham, West Midlands from 1829 to 1889, and as The Metropolitan and Birmingham Bank from 1889 to 1892, the Metropolitan, Birmingham and South Wales Bank from 1892 to 1893, and the Me ...
.
History
The bank was established in April 1834 by the industrialist
James Foster with an office in High Street, Stourbridge. The building had been Foster's residence before his move to
Stourton Castle
Stourton is a hamlet in Staffordshire, England a few miles to the northwest of Stourbridge. There is a fair amount of dispute over the pronunciation, being pronounced 'stower-ton', 'stir-ton' or 'store-ton' by different people from the area. The ...
. Originally called "Park House", it became known as "Bank House" after its conversion into offices. The first manager, John Amery and first cashier, Samuel Nock had living quarters in the bank building itself. Amery had been recruited from the Birmingham branch of the Bank of England.
On formation, the bank had paid-up capital of £34,000.
James Foster remained as chairman until 1850.
In June 1834 a branch was opened at Kidderminster. In the same year it opened a branch in Bromsgrove and took over the business of Oldaker, Tomes and Chattaway in Stratford-on-Avon. The Bromsgrove branch was initially only open for 1 day per week, but in 1851, the company of Rufford Biggs failed, and the Stourbridge and Kidderminster obtained their premises at 93 High Street, Bromsgrove.
It was taken over by the
Birmingham Banking Company
The Birmingham Banking Company was a bank that operated in Birmingham, West Midlands from 1829 to 1889, and as The Metropolitan and Birmingham Bank from 1889 to 1892, the Metropolitan, Birmingham and South Wales Bank from 1892 to 1893, and the Me ...
in 1880.
Branches
*
Alcester ca. 1839
*
Brierley Hill 1864
*
Bromsgrove
Bromsgrove is a town in Worcestershire, England, about northeast of Worcester and southwest of Birmingham city centre. It had a population of 29,237 in 2001 (39,644 in the wider Bromsgrove/Catshill urban area). Bromsgrove is the main town in the ...
August 1834
*
Charlbury 1853
*
Chipping Norton
Chipping Norton is a market town and civil parish in the Cotswold Hills in the West Oxfordshire district of Oxfordshire, England, about south-west of Banbury and north-west of Oxford. The 2011 Census recorded the civil parish population as ...
ca. 1839
*
Henley in Arden
Henley-in-Arden (also known as simply Henley) is a town in the Stratford-on-Avon District in Warwickshire, England. The name is a reference to the former Forest of Arden. Henley is known for its variety of historic buildings, some of which date ...
ca. 1839
*
Kidderminster 30 June 1834
*
Moreton-in-Marsh ca. 1839
*
Redditch
Redditch is a town, and local government district, in north-east Worcestershire, England, approximately south of Birmingham. The district has a population of 85,000 as of 2019. In the 19th century, it became the international centre for the ...
1835
*
Shipston-on-Stour 1835
*
Stourbridge 10 April 1834
*
Stourport
Stourport-on-Severn, often shortened to Stourport, is a town and civil parish in the Wyre Forest District of North Worcestershire, England, a few miles to the south of Kidderminster and downstream on the River Severn from Bewdley. At the 2011 ce ...
*
Stratford-upon-Avon
Stratford-upon-Avon (), commonly known as just Stratford, is a market town and civil parish in the Stratford-on-Avon district, in the county of Warwickshire, in the West Midlands region of England. It is situated on the River Avon, north-we ...
1834
*
Worcester
Worcester may refer to:
Places United Kingdom
* Worcester, England, a city and the county town of Worcestershire in England
** Worcester (UK Parliament constituency), an area represented by a Member of Parliament
* Worcester Park, London, Englan ...
1864
References
{{Reflist
Defunct banks of the United Kingdom
Banks of the United Kingdom
Private banks
Banks established in 1834
Banks disestablished in 1880
Stourbridge
Kidderminster
1834 establishments in England