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The TSB is BACK!

9 September 2013
By Andy Dawson

217px-TSB_Bank_logo.svg Everyone rejoice – the TSB is BACK! Yes, it’s thrown off the shackles of Lloyds and is now existing on its own again, vowing to ‘fuel local economies’. Which is nice.

Sadly, the all-new TSB website was knackered when we tried to look at it earlier (edit: it's working again), but we’re sure it’ll all be working again shortly. Be patient, this is big time news!

Five million customers will have their accounts transferred from Lloyds to TSB, although we’re not sure how they’ve been chosen. Sort codes and bank accounts will remain the same and bank cards will all work as per usual.

631 branches, including all of the Cheltenham and Gloucester branches and all Lloyds branches in Scotland, have been switched to the standalone TSB, and it will be sold as a public company with a share issue next year.

TSB chief executive Paul Pester said, ‘We bring the new TSB Bank back to over 600 communities across the UK to fuel their local economies - and nothing else. We have today launched a bank which has been born fully formed.’

God, there’s tears in our eyes here. What about you?

TOPICS:   Banking

10 comments

  • Quietus
    I must admit that I'm marginally irritated by the redundancy of adding the word 'bank' underneath 'TSB'. Mind you, it could be worse. They could have also been rebellious fashion victims, and used lower case for everything too.
    Reply ·
  • tin
    Seems they don't use the BANK line in the new logo. Which was done in MS paint by a 5 year old :)
    Reply ·
  • james
    Wow, their savings account earns 1% Think I'll pass thanks.
    Reply ·
  • Alexis
    Looks like someone's been trying to resize a GIF with the logo!
    Reply ·
  • Quietus
    [quote]done in MS paint by a 5 year old[/quote]Hehe, I thought it was a bit naff as well.:)
    Reply ·
  • Quietus
    Hmm, clearly the normal quoting doesn't work here. :(
    Reply ·
  • Warwick H.
    I have been shunted off to TSB without being given any choice in the matter, their letter stated " We have local branches to suit you" unfortunately its 6 miles away and will cost £5 in bus fare to visit, hardly local when LIoyds is 5 minute walk away, I will be changing straight back as soon as I can.
    Reply ·
  • Euan
    Yeah, I got switched with no choice too. I'll say this, First Direct have superb customer service and are really easy to set up an account with...
    Reply ·
  • Phuck Y.
    Totally Shit Bank
    Reply ·
  • JonB
    There's a reason banks are bailed out, and it's not usually because they are good...
    Reply ·

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