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
Arments
Eel, pie and mash shop. Founded by husband and wife William and Emily Arment, and still run by their descendants. We don't know if our picture shows the real David Jason as 'Del Boy' or whether the...
Morris Singer Foundry
Founded by John Webb Singer as the Frome Art Metal Works. Cast many of the best known sculptures in London, including the statue of Justice on the Central Criminal Court, 1906. Merged with the Morr...
C. Byford
Worked for the Royal Arsenal Co-operative Society. Was on the building committee for the Bostall Estate in 1900.
Futurecity
From their website: "We add value to the built environment. We create alliances & build bridges. We put new places on the cultural map. We create distinct, memorable, marketable identity.
Comments are provided by Facebook, please ensure you are signed in here to see them