Find out more here. May marks the year anniversary of Scottish Widows Bank. Set up in , we are a relatively young organisation, but one with strong business and ethical policies and a successful track record. Our main business is arranging, entering into and administering mortgages and accepting deposits. We believe that continuing high standards of service have kept us ahead of the competition. New institutions continue to join the banking market, with varying attitudes towards growth and profitability, while we have never strayed too far from our founding strategy of building a sustainable, long-term business through profitable growth.
RCI Bank doesn't share a deposit-taking licence with any other financial institution. N26 doesn't share a deposit-taking licence with any other financial institution. Who owns who in banking? Santander UK plc Cahoot Santander. Take the next step Discover the best and worst banks What happens if my bank goes bust? Sign up to the Money Weekly newsletter. The growing demands of the business meant that in , the Society needed to extend these premises.
They commissioned the eminent sculptor, Sir John Steell, to embellish the building. Steell carved a symbolic group of figures: a widow with her children, sheltering at the feet of the goddess of Plenty Ceres. It was inspired by the decorative emblem used on the Society's policy documents.
In , the Western Bank of Scotland went spectacularly bust. Its assets were sold off, including its premises at 9 St Andrew Square. The building was bought by Scottish Widows in , and became its new head office. It was to occupy this site for more than a century. The Society celebrated its centenary in , with the chairman reflecting on progress thus far: 'From small beginnings the Society has steadily advanced, and it now holds the proud position of the largest Mutual Life Office in the Kingdom.
The annual report for featured on its front cover the mythical winged horse, Pegasus. The emblem had been designed for the Society in the s by Walter Crane, a prominent member of Arts and Crafts movement. Symbol of immortality and mastery of time, the flying horse device was used by Scottish Widows until the s.
The s saw Scottish Widows relocate once more. It was officially opened in July The following year the offices won a much coveted award from the Royal Institute of British Architects. The judges commented that the premises made a 'notable contribution to the design of large office buildings'. Dalkeith Road continued as head office until the move to Port Hamilton, Edinburgh, in In , the Society launched its 'living logo': the 'Scottish Widow'.
She first appeared in a television advertisement, directed by David Bailey. It was a bold and innovative step, which paid huge dividends.
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