Head Office Passbooks
Two Passbooks for an account open from 1926 to 1948
Two Passbooks used for 'Head Office X Accounts'
Two passbooks completely cover the period of an account opened by a Miss M Southern on April 21st 1926. The Account Number (36601) indicates
the number of accounts opened at Head Office in just over five years since September 1st 1919. The Account Number is printed on both
the outside and inside of the front cover, but unusually, does not have the Branch Designatory Letters
(HO) inserted prior to it.
The Account Number was pre-printed in the passbook, prior to the issue to the branch, as a form of security control. The Hours of
printed on the stuck-in label applied from July 31st 1931.
Pages 2 to 5 of the passbook contain entries for numerous deposits and ten withdrawals (marked "Repaid") - a typical pattern
for a Savings Account. Capitalised Interest
is added to the account balance on March 31st, against an appropriate Rubber Stamp
the years 1928, 1930, 1931, 1932, and 1933; no interest was earned at March 31st 1929 as the account balance was below £1 from April
25th 1928 to June 24th 1929. Except for the Interest stamps, all entries are hand-written, in contrast with the extensive use of rubber stamps in later years
The final three pages of the passbook show transactions for the years 1934 to 1946. In this period, that included the war years when
many depositors responded to patriotic requests to save, the account balance increased from £223 to £422. The inside rear cover contains
two out-of-date statements: the Bank's Head Office moved from Edmund Street to Broad Street in 1933; and the Rate of Interest reduced
to 3% on December 1st 1932. The passbook indicates that Home Safe
Number 81726 was returned on April 23rd 1941.
With the original passbook becoming full, a Continuation Book
was issued. Each branch held a stock of passbooks to use for this purpose
(and to replace lost passbooks) - for security control purposes these books were pre-numbered, in this example (C 7790), on the front
cover. The new book is correctly marked with the Branch Designatory Letters and, in addition, is stamped "Head Office" on the outside
and inside of the front cover. The book is also marked to indicate that it is the account's "2nd Book".
Although the second passbook
is the same size as the first (approximately 6" x 3¾" closed) it contains a firmer cover, has 12 pages for entries instead of 8, and
the Bank's Key Logo is printed on the rear cover.
The two Head Office passbooks illustrated below were issued for
'X Accounts' ie, accounts designated for special purposes, usually of a non-personal type. These two accounts have been opened on
behalf of the Bank's staff:
X 3410 - The Birmingham Municipal Bank Staff Social &
Recreation General Fund;
X 2688 - Birmingham Municipal Bank Staff Red Cross
Penny a Week Fund