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Chamber and committees

The Proposed Closure of the Savings Bank Museum in Ruthwell by the TSB

  • Submitted by: Colin Smyth, South Scotland, Scottish Labour.
  • Date lodged: Tuesday, 25 May 2021
  • Motion reference: S6M-00108
  • Current status: Achieved cross-party support

That the Parliament condemns the proposal by the TSB to close the Savings Bank Museum in Ruthwell, Dumfriesshire, and move the historic artefacts to its Head Office in Edinburgh; notes that the museum was the home of the original Ruthwell Parish Bank, which was opened by Dr Henry Duncan in 1810, when parishioners were paid interest on their modest savings; recognises that Dr Duncan persuaded the Earl of Mansfield to donate the cottage to the Friendly Society for the benefit of the community and that it is where Dr Duncan distributed food to the parishioners before establishing and running from it what is recognised as the world’s first savings bank; notes that the museum houses a historic collection of home savings boxes, coins and bank notes from many parts of the world, a collection of books on the worldwide spread of savings banks and important archives on the history of these banks; believes that the museum plays an integral role, not only in marking the history of the savings bank, but in celebrating the life of Dr Duncan, who was born at Lochrutton new Dumfries in 1774 and ordained as the Minister of Ruthwell Church in 1799, serving the community until his death in 1846, and notes calls urging the TSB to re-consider its plans and work with the community to retain what it sees as this important museum and all of its historic artefacts in the Ruthwell community.


Supported by: Sarah Boyack, Finlay Carson, Richard Leonard, Fulton MacGregor, John Mason, Paul McLennan, Stuart McMillan, Paul O'Kane, Mercedes Villalba, Martin Whitfield