Bradford schools ordered to move accounts from Yorkshire Bank (From Bradford Telegraph and Argus)

It stinks. Yorkshire Bank is likely to be at least as safe if not safer than the various institutions which actually needed bailing out by the use of your money to prevent collapse.

If I were the Yorkshire Bank I would be slapping an injunction on Bradford Council today for damages.

This stinks to high heaven.

Yes it does seem stupid as NAG also owns Clydesdale Bank in the UK and is no minnow on the international scale. However, you are missing the fundamental point, which is that Bradford Council (like most public sector bodies) is stuffed with people who have to justify their own existence through the creation and maintenance of 'policies' which cost more than the risk they are there to mitigate. Cynical? Me?

Yes, they could put it in the Icelandic Bank!

Apollo wrote:
It stinks. Yorkshire Bank is likely to be at least as safe if not safer than the various institutions which actually needed bailing out by the use of your money to prevent collapse. If I were the Yorkshire Bank I would be slapping an injunction on Bradford Council today for damages. This stinks to high heaven.

Here here, the yorks has not needed bailing out unlike some of the others,is this so the balance sheets on the big four will look healthier.Who told the council to do this because they dont seem to come up with ideas like this on there own.And if the councils case proves to be infactual you may even see The council bankrupted if the bank sues them for damages

so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

Yes it will as others may follow this bad example by the Council.

I do not see the Nationwide mentioned as a good bank.
Surely something that is owned by its customers should be recomended by a Labour lead council.

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all.
We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

*Their

Farsley Bantam wrote:

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all.
We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

You’d still be supporting local jobs for branch staff and their entire UK operation which won’t be insignificant.

It shows the poor state of Bradford’s economy but I tried to open a business account on a weekday and not one bank other than Yorkshire Bank, not even HSBC had a business account person on site. It suggests there aren’t that many people opening business accounts in Bradford.

When I was a schoolboy in the 50s the school would collect your savings and bank it, kids would turn up on a Monday morning with their Saturday sixpence or birthday money and their bank book (those who actually ever got any money), this was monopolised by what was then called The Yorkshire Penny Bank. Does that still go on, or has the mugging risk brought an end to it?

how can you get a vote of no confidence in the current council and force a district wide re-election?

I think Bradford council need a mass clearout!

Councillor Berry obviously does not understand the Banking sector. Let me reassure him, I as a 'bank pensioner' and former employee - who is no champion of the organisation - but I can say it is a lot safer than the most of its high street rivals. NAG own Clydesdale and YB ( although I heard NAG may look to try and sell both ) but of all the banks YB will be the last to go. It does not have the exposure to Europe to a level of the others for one. Although i accept it cannot be immune. The Bank has run school bank for years and it was something of a 'flag ship' loss leader service. But the Bank ran it to encourage young people to look at money in school and the ethos of saving. Not bad principals. The other Banks were not interested in 'the school bank market' although they followed with their student accounts in later years.

As a kid at Drummond Road School I used to do the school bank run to the old TSB Bank on the corner of Whetley Hill when I was prefect. It involved me walking alone with two cash bags stuffed with notes and a paying in book and I never saw a single hoodie or facial mask - thats not the case up there these days for sure crooks or not.

I have long left the Bank and taken the golden handshake - cruises and ski holidays are fantastic - thanks YB ! I dont miss as you can guess I dont usually defend it but on this occasion your Councillor chappie has no idea what hes on abart.

If Bradford Council want to force schools to change bank, they should also pay the extra charges!

F**k a duck. I have my savings (£10.71), account with Yorkshire Bank. I hope its safe

Albion. wrote:
When I was a schoolboy in the 50s the school would collect your savings and bank it, kids would turn up on a Monday morning with their Saturday sixpence or birthday money and their bank book (those who actually ever got any money), this was monopolised by what was then called The Yorkshire Penny Bank. Does that still go on, or has the mugging risk brought an end to it?

Yep, me too, Yorkshire Penny Bank. I bet I still have an account with YB with about 75p in.

Yorkshire Bank by the way haven't been British for a long time, they were bought out by NAG over 20 years ago.

Over the years I've had problems with various banks - problems caused by the stupidity and bad management of those banks. The only bank who have never caused me any problems is Yorkshire Bank.
As per usual, certain council employees are talking through their ar$es - hows about we sack all the council officers and pass the powers over to Kirklees or Leeds?

Clowny wrote:

Farsley Bantam wrote:

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all.
We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

You’d still be supporting local jobs for branch staff and their entire UK operation which won’t be insignificant.

It shows the poor state of Bradford’s economy but I tried to open a business account on a weekday and not one bank other than Yorkshire Bank, not even HSBC had a business account person on site. It suggests there aren’t that many people opening business accounts in Bradford.

RBS employ many many more staff in Yorkshire than Yorkshire Bank do so that argument is flawed.

Also, in terms of bank stability, it is argued that a majority state owned bank is far safer than a privately owned bank, as politically, there would be hell on should these banks go under.

Yorkshire has very little " Yorkshire" presence these days and is simply another foreign owned establishment which if you look deeper, is doing far less than the big 4 for helping the economy, they have pretty much shut their doors for business in terms of lending to SMEs for anything other than the safest of the safe deals.

It just goes to show what idiots are employed by BLEA I would not be putting into some of the clearing banks named as they would without public funds be bankrupt at least the Yorkshire bank no matter who owns it has shown to be a viable business.

as the result of a messy divorce almost 25 years ago i had to stop working to look after my children. at the time i banked with one of the big five. i went to the branch and explained i needed to close a virtually empty joint account, then open an account in my own name. i did not need a current account only a deposit account. the joint account was closed, then i was informed it was "policy" to refuse accounts for the unemployed. over the next week i tried all the major banks only to be refused an account at all of them because i was unemployed. eventually i tried yorkshire bank, i explained my circumstances and was told there was no problem at all. i have banked with them ever since and have never had a problem. i have collegues who complain about yorkshire bank but invariably it is because they do not manage their finances and end up paying for unauthorised overdrafts etc. i suspect the big five are dreading next year when it should be much easier to switch from a casino to a proper bank or building society, if i were suspicious by nature it might occur to me that there may be a few backhanders to be had from this adavice.

topbombing wrote:

Clowny wrote:

Farsley Bantam wrote:

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all.
We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

You’d still be supporting local jobs for branch staff and their entire UK operation which won’t be insignificant.

It shows the poor state of Bradford’s economy but I tried to open a business account on a weekday and not one bank other than Yorkshire Bank, not even HSBC had a business account person on site. It suggests there aren’t that many people opening business accounts in Bradford.

RBS employ many many more staff in Yorkshire than Yorkshire Bank do so that argument is flawed.

Also, in terms of bank stability, it is argued that a majority state owned bank is far safer than a privately owned bank, as politically, there would be hell on should these banks go under.

Yorkshire has very little " Yorkshire" presence these days and is simply another foreign owned establishment which if you look deeper, is doing far less than the big 4 for helping the economy, they have pretty much shut their doors for business in terms of lending to SMEs for anything other than the safest of the safe deals.

No it's you with the flawed argument, RBS has been trying to sell off much of it branch and business banking side which would ultimately result in job losses, if RBS had its way its customer's money would have been in the hands of the Spanish bank Santander by now.

That appears to have fallen through due to IT integration problems with RBS. No doubt they'll be looking to another foreign bank now.

This action seems well over the top. If we all applied this logic and only took our business the biggest organisations then competition and growth would be halted and the businesses and financial institutions in this country would collapse.

This should obviously be a matter for the decision of the Governing Body - otherwise why have them?

There is also the small matter of ethics I.e where some Governing Bodies will not bank with the Big 4 owing to the shady dealings or payment of excessive bonuses.

With Governors schools are not managed. A few well placed refusals and resignations would soon bring ridiculous councillors in line - where they belong.

Yorkshire Bank plan to cut over 1,000 jobs by 2015, So that wouldn't give me much confidence if I banked with them!
It could be a sensible move to switch banks and I think Bradford council are right to express their concerns when it comes to ours schools money.

That should be without in 2nd to last sentence.

So this order comes from the same plebs that spent up to £34 million on a puddle? Words fail...

still got a pulse wrote:
So this order comes from the same plebs that spent up to £34 million on a puddle? Words fail...

Plebs! Sorry! You must resign immediately.

Albion. wrote:

still got a pulse wrote:
So this order comes from the same plebs that spent up to £34 million on a puddle? Words fail...

Plebs! Sorry! You must resign immediately.

Already resigned - to the fact we have a useless council!

Clowny wrote:

topbombing wrote:

Clowny wrote:

Farsley Bantam wrote:

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all.
We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

You’d still be supporting local jobs for branch staff and their entire UK operation which won’t be insignificant.

It shows the poor state of Bradford’s economy but I tried to open a business account on a weekday and not one bank other than Yorkshire Bank, not even HSBC had a business account person on site. It suggests there aren’t that many people opening business accounts in Bradford.

RBS employ many many more staff in Yorkshire than Yorkshire Bank do so that argument is flawed.

Also, in terms of bank stability, it is argued that a majority state owned bank is far safer than a privately owned bank, as politically, there would be hell on should these banks go under.

Yorkshire has very little " Yorkshire" presence these days and is simply another foreign owned establishment which if you look deeper, is doing far less than the big 4 for helping the economy, they have pretty much shut their doors for business in terms of lending to SMEs for anything other than the safest of the safe deals.

No it's you with the flawed argument, RBS has been trying to sell off much of it branch and business banking side which would ultimately result in job losses, if RBS had its way its customer's money would have been in the hands of the Spanish bank Santander by now.

That appears to have fallen through due to IT integration problems with RBS. No doubt they'll be looking to another foreign bank now.

No Clowny, please read up on this , it is you that is wrong. RBS is not "trying' to sell its RBS branch network, it has been forced by the European Union to sell off profitable arms of the group, hence the sale of Direct Line. Even when the deal fell through, Stephen Hester commented that the group does not want to sell off this part of the business, it has no choice.

They don't put the branches out to tender, they are simply open to offers and have to take the best offer that is made available to them.

Please get your facts right.

Apollo wrote:
It stinks. Yorkshire Bank is likely to be at least as safe if not safer than the various institutions which actually needed bailing out by the use of your money to prevent collapse.

If I were the Yorkshire Bank I would be slapping an injunction on Bradford Council today for damages.

This stinks to high heaven.

You have sympathy with Yorkshire Bank they have taken customers money in charges and P.P.I so why should we feel sorry for them. We had bank accounts going back years until they started taking unreasonable amounts of money from our accounts at a whim. Needless to say we are no-longer with them. We were told that had it not been for the intervention of the office of fair trading and the high court we could have claimed those charges back. Corporate theft I called it in front of their representative but I have not been sued. So do I care No!!!

Ah Yorkshire Bank only 2nd to Hyundai cars as my 'favourite' subject. I have to agree with an earlier commentor re the archaic online banking which is only surpassed by their 'face to face' service. i once phoned to stop a payment to be told as i hadnt telephone banked for a while i needed to set it up again, that was ok, great security(i thought). i went into the branch in person & explained i needed a payment stoppng as a new lower one was being produced, "no problem" yay!!...but it was not to be. the bill was paid & as a result i went overdrawn and got charges to boot. Lo and behold! when i went back to complain, no record of my visit...
Its my nearest bank thats the ONLY reason im still with them.

topbombing wrote:

Clowny wrote:

topbombing wrote:

Clowny wrote:

Farsley Bantam wrote:

johnhem wrote:
so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all.
We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

You’d still be supporting local jobs for branch staff and their entire UK operation which won’t be insignificant.

It shows the poor state of Bradford’s economy but I tried to open a business account on a weekday and not one bank other than Yorkshire Bank, not even HSBC had a business account person on site. It suggests there aren’t that many people opening business accounts in Bradford.

RBS employ many many more staff in Yorkshire than Yorkshire Bank do so that argument is flawed.

Also, in terms of bank stability, it is argued that a majority state owned bank is far safer than a privately owned bank, as politically, there would be hell on should these banks go under.

Yorkshire has very little " Yorkshire" presence these days and is simply another foreign owned establishment which if you look deeper, is doing far less than the big 4 for helping the economy, they have pretty much shut their doors for business in terms of lending to SMEs for anything other than the safest of the safe deals.

No it's you with the flawed argument, RBS has been trying to sell off much of it branch and business banking side which would ultimately result in job losses, if RBS had its way its customer's money would have been in the hands of the Spanish bank Santander by now.

That appears to have fallen through due to IT integration problems with RBS. No doubt they'll be looking to another foreign bank now.

No Clowny, please read up on this , it is you that is wrong. RBS is not "trying' to sell its RBS branch network, it has been forced by the European Union to sell off profitable arms of the group, hence the sale of Direct Line. Even when the deal fell through, Stephen Hester commented that the group does not want to sell off this part of the business, it has no choice.

They don't put the branches out to tender, they are simply open to offers and have to take the best offer that is made available to them.

Please get your facts right.

I'm aware of the EU fact that's because of the fact it benefited from the tax payers bail out. That doesn't in any way conflict with my statement they were trying to sell off these assets, so my facts are fine thank you.

It was not relevant (and is boring to drift off) to detail as the point simply that being with RBS neither guarantees local jobs as you suggested, nor does it guarantee a foreign bank won't end up the beneficiary of your money.

Frankly given the report "Spanish buyer Santander has pulled the plug, blaming the poor quality of RBS’s IT systems, which crashed over the summer." it suggests there are IT issues with this company, which the register reported were in part due to outsourcing work to India, again hardly local jobs.

Clowny wrote:

topbombing wrote:

Clowny wrote:

Farsley Bantam wrote:

johnhem wrote: so now the yorkshire bank will be even smaller than the minds in bradford council. sack the **** lot of them. buy british? support your local community? you don't get any more local than yorkshire fgs. are we sure the deadwood stage carried off ian greenwood, because this is prime greenwood to a t. (and thats a YORKSHIRE T)

They are owned by the National Australia Banking Group so you would not be 'buying British' at all. We use Yorkshire Bank at work and it is totally amateur organisation. There internet banking is years behind any of the big banks. This is as good a reason as any not to use them.

You’d still be supporting local jobs for branch staff and their entire UK operation which won’t be insignificant. It shows the poor state of Bradford’s economy but I tried to open a business account on a weekday and not one bank other than Yorkshire Bank, not even HSBC had a business account person on site. It suggests there aren’t that many people opening business accounts in Bradford.

RBS employ many many more staff in Yorkshire than Yorkshire Bank do so that argument is flawed. Also, in terms of bank stability, it is argued that a majority state owned bank is far safer than a privately owned bank, as politically, there would be hell on should these banks go under. Yorkshire has very little " Yorkshire" presence these days and is simply another foreign owned establishment which if you look deeper, is doing far less than the big 4 for helping the economy, they have pretty much shut their doors for business in terms of lending to SMEs for anything other than the safest of the safe deals.

No it's you with the flawed argument, RBS has been trying to sell off much of it branch and business banking side which would ultimately result in job losses, if RBS had its way its customer's money would have been in the hands of the Spanish bank Santander by now. That appears to have fallen through due to IT integration problems with RBS. No doubt they'll be looking to another foreign bank now.

RBS has been forced to sell a number it's branches due to a ruling by the Financial Services Authority after it recieved state funding.

It has nothing to do with the health of RBS.

Arn't the banks all run by the Rothschilds with a little help from the City of London Corporation, or is it our Government I'm thinking of?

RollandSmoke wrote:
Arn't the banks all run by the Rothschilds with a little help from the City of London Corporation, or is it our Government I'm thinking of?

No that would be you reading too many internet theories about New World Order and all that malarky