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The first loans, provided by Bank of Ireland, launched in 2004. [9] Post Office branded credit cards have also been introduced. Accounts opened before July 2019 were provided by Bank of Ireland UK and subsequently transferred to JaJa Finance [10] and accounts opened after November 2019 are now provided by Capital One. [11]
Logo used by the Post Office (and later the National) Savings Bank from 1936. [5] The Post Office Savings Bank (POSB) was founded in 1861 by the Palmerston government following a suggestion by George Chetwynd, a clerk in the Money Order department of the General Post Office. [6] It was the world's first postal savings system.
Post Office Savings Bank is a name used by postal savings systems in several countries, including: New Zealand, later renamed the PostBank; United Kingdom, later renamed the National Savings and Investments; Singapore, later renamed POSB Bank; Kenya, also known as the Kenya Post Office Savings Bank; Austra, also known as the Österreichische ...
The Post Office Ltd offers savings accounts based on its brand, and is operated by the Bank of Ireland, a commercial bank, and Family Investments, a friendly society. The Post Office branded services are similar to some of National Savings and Investments ' services, and include instant savings, Individual Savings Accounts , seasonal savings ...
Post Office Savings Bank moneybox 1940 Passbook issued by the New Zealand Post Office Savings Bank in 1953. Post Office Savings Bank, or very briefly PostBank (trading name of Post Office Bank Limited), was a bank owned by the New Zealand Government as the government's postal savings system. The bank was established in 1867.
Bank of Scotland (Ireland) Danske Bank; First Active; ICS Building Society (previously Irish Civil Service Building Society) – investment shares acquired in 1984 by Governor and Company of the Bank of Ireland as well as society savers but ran separately for a period until a legislative change after the 1987 General Election.
Post Office Limited now provides cash services to many banks on a commercial basis. [citation needed] In April 2013, the Post Office announced it would be launching a retail banking service accessible through Post Office branches under the Post Office Money brand, [16] now run by the Bank of Ireland.
Starting in 1861 with the establishment of the British Post Office Savings Bank, savings banks were increasingly subject to competition from postal savings systems which similarly collected retail savings and invested them in safe government securities, albeit with variations across countries; some of the postal banks have themselves been ...