Financials
Customers' Credit Balances
(Departmental Analysis): 1957 to 1979
 
Analysis of Customers' Credit Balances
during the period when a choice of products was available
 Year  Notes
 No 1 Dept
(£)
 No 2 Dept
(£)
No 3 Dept
(£)  
Current
Accounts
(£)
Term
Deposits
(£)
 1957
1
 85,892,086
 
 
 
 
 1958
2
77,034,587
6,614,511
 
 
 
 1959
 
72,400,114
9,529,236
 
 
 
 1960
 
72,066,267
12,095,688
 
 
 
 1961
 
71,222,167
14,028,563
 
 
 
 1962
 
70,754,400
15,905,693
 
 
 
 1963
 
71,036,688
17,809,010
 
 
 
 1964
 
71,394,788
19,839,685
 
 
 
 1965
 
71,025,027
21,809,912
 
 
 
 1966
 
71,109,123
22,827,889
 
 
 
 1967
3
66,289,620
22,162,016
3,883,581
 
 
 1968
4
61,401,093
20,741,890
12,178,253
156,876
 
 1969
 
58,458,613
19,871,235
17,336,980
282,668
 
 1970
 
55,119,929
18,898,107
20,637,994
409,120
 
 1971
 
54,783,599
19,083,363
25,288,969
605,934
 
 1972
 
54,444,691
19,911,995
29,675,877
849,729
 
 1973
 
56,046,566
21,038,193
35,747,645
1,112,529
 
 1974
 
57,873,415
21,951,950
39,514,542
1,342,898
 
 1975
 
61,245,469
23,615,653
41,483,819
2,037,381
 
 1976
 
64,743,836
25,273,012
44,542,401
2,696,381
 
 1976
5
62,989,243
24,617,335
46,232,461
2,891,926
129,000
 1977
 
65,022,000
24,938,000
39,980,000
4,156,000
7,504,000
 1978
 
73,384,059
27,783,252
49,043,000
7,143.359
3,316,000
 1979
6
*
*
51,182,000
9,960,000
9,880,000
NOTES:
 
 
[1] Prior to the introduction of the No 2 Department, the only deposit product was the General Savings (or No 1) Department
 
[2] No 2 Department introduced April 1st 1957
 
[3] The No 3 (Investment) Department commenced on January 1st 1967
 
[4] The Current Account facility was introduced in July 1967
 
[5] Term Deposits were made available in 1976
 
[6] * Total Savings Balances (amalgamation of No 1 and No 2 Departments) at November 20th 1979: £106,637,000
 
 
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