From Tottenham Quakers "In 1798 Priscilla Wakefield founded the first "frugality bank" in England. This she founded at Ship Inn Yard in Tottenham. It was intended to help people on lower incomes to save money. There were facilities for women and children to save what they could from their income and soon it became a safe and profitable place of saving for labourers and servants. Members paid, according to age, a sum of money each month to entitle them to a pension after age 60 and money if they were sick. Children were encouraged to save a penny a month towards clothing and apprenticeships. The immense success of this enterprise meant that similar "savings banks" spread throughout the country. They were eventually nationalised in 1865 when the Post Office Savings Bank was established. Penny savings banks continued in schools until 1919, when they were absorbed into the Post Office Savings Bank."
This section lists the memorials where the subject on this page is commemorated:
Penny Savings Bank
Commemorated ati
Priscilla Wakefield
Our colleague Alan Patient took a photo of this plaque in 2008 and tells us i...
Other Subjects
Bromley Market House
A market has existed in Market Square since at least 1205. From Bromley Borough Local History Society: "The Bromley Market House, in the Market Square was a timber building with a red tile roof. Th...
John Dickinson
Worked for the Royal Arsenal Co-operative Society. Was on the building committee for the Abbey Wood branch in 1912.
Ambassador Charles H. Price, II
Charles Harry Price II was born on 1 April 1931 in Kansas City, Jackson County, Missouri, USA. He was the second son of Charles Harry Price (1886-1942) and Virginia Ogden Price (1898-1953). His eld...
Herbert Stern
Son of Baron de Stern. Started in his father's banking business but left in about 1910 to form his own, Herbert Stern & Co. First Baron Michelham. Died 26 Prince's Gate.
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Alice Maud Denman
Died in a fire at 423 Hackney Road on the night of 19/20 April 1902. For more details see our page for the fire.
Blossom Street Almshouses
Also known as Almshouses, Blossom Terrace, built by William Goswell. In the same street there were also the Weavers' Company Almshouses but they look to be a different building. From British Histo...
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