the A to Z of Isle of Wight history

Home   |   About   |   Guide   |   Contact

Isle of Wight Savings Bank, Newport



IW Savings Bank, Mill Street, Newport
IW Savings Bank, Mill Street, Newport

The Isle of Wight Savings Bank building in Mill Street Newport.

In the 1850's the bank suffered a number of frauds. In 1853 the Bank's Actuary, William Wheeler Yelf, carried out a fraud of £8000 and was sentenced to be transported for life - however, he died the following year in Millbank Penitentiary.

William White's 1859 IW directory:
Savings' Bank, Lugley street, Newport. Jph. C. Jackson, secretary
Savings' Bank, Townhall, Ryde. W. Hy. Pullen, secretary

White's 1878 Directory of Hampshire & Isle of Wight has Savings Bank in Mill Street. in November 1876 total deposits of £62218 19s 10d with 2613 depositors, 4 Penny Banks, 43 Charitable Societies and 15 Friendly Societies - Mr W C Way, actuary

1898 Kelly's Directory - Isle of Wight Savings Bank, Mill Street - William Clemens Way, sec.
Isle of Wight Savings Bank
Newspaper Advert IWCP 21 Jan 1899


more information required

See also: Newport

(By Admin)

Browse  A B C D E F G H I J K L M N O P Q R S T U V W Y Z

or view topics by location.

If an item does not appear on the list above try using the search box - information may be included on another page.


contact us | privacy policy etc | terms | site map