Burnley tycoon has plans to buy RBS branch

This Is Lancashire: Tycoon Dave Fishwick wants to buy the Burnley RBS branch if it goes on the market Tycoon Dave Fishwick wants to buy the Burnley RBS branch if it goes on the market

BANKING revolutionary David Fishwick has offered to buy the Burnley branch of the Royal Bank of Scotland if it goes on the market, it has been revealed.

The self-made millionaire minibus retailer from Burnley, who became famous after his television series Bank of Dave, has made an official offer to the national bank.

It comes after RBS announced that it was closing 44 branches across the UK, 14 of which are classed as the ‘last banks in town’.

Mr Fishwick, owns the low-interest ‘bank’ Burnley Savings and Loans Limited that has a sole branch in Keirby Walk.

He said: “It worries me that pensioners who want to take cash out or make any type of transactions might have to travel to the next town, which they might not be able to do and will have nowhere to go.

“And local people and businesses will also have nowhere to go.

“And many cash machines also charge to take money out, which the ones at my bank don’t.

“The banks were there when the sun was shining, but times are tough now, and I think they’ve forgotten their roots and it really bothers me.”

The Co-operative Bank confirmed on Friday that it made a loss of £1.3billion in 2013.

Mr Fishwick said: “The Co-operative Bank has made massive losses, while paying out massive bonuses, and I don’t understand how that can be right.

“We need a community bank, run for the community, by the community, in every major town and city in the country.

“In the next 18 months, my bank will have lent to 1,000 businesses. We’re doing fantastically well.

“We’ve got seven staff now and we’ve been in profit since we started.

“I want to buy that branch and keep its staff on, because they’ve done nothing wrong.”

Comments (2)

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8:45pm Mon 14 Apr 14

Legal Beagle says...

I thought this guy had some excellent ideas, but I've been trying to save some money at his bank, Burnley Savings & Loans ever since it opened, and it's always the same story - we don't want your money.

I just had a look at the website this evening - https://www.burnleys
avingsandloans.co.uk
/savings/ - and it's the same old story, "Sorry, due to the overwhelming volume of applications we received on Monday 24th March 2014, our waiting list is now closed. However, we hope to be able to reopen the list again in September 2014."

It's not much of a bank if it can't accept new deposits.
I thought this guy had some excellent ideas, but I've been trying to save some money at his bank, Burnley Savings & Loans ever since it opened, and it's always the same story - we don't want your money. I just had a look at the website this evening - https://www.burnleys avingsandloans.co.uk /savings/ - and it's the same old story, "Sorry, due to the overwhelming volume of applications we received on Monday 24th March 2014, our waiting list is now closed. However, we hope to be able to reopen the list again in September 2014." It's not much of a bank if it can't accept new deposits. Legal Beagle
  • Score: 1

3:27pm Tue 15 Apr 14

BIGGLESTOE says...

Legal Beagle wrote:
I thought this guy had some excellent ideas, but I've been trying to save some money at his bank, Burnley Savings & Loans ever since it opened, and it's always the same story - we don't want your money.

I just had a look at the website this evening - https://www.burnleys

avingsandloans.co.uk

/savings/ - and it's the same old story, "Sorry, due to the overwhelming volume of applications we received on Monday 24th March 2014, our waiting list is now closed. However, we hope to be able to reopen the list again in September 2014."

It's not much of a bank if it can't accept new deposits.
Wouldn't mind a sniff as well, but I don't think this bank wants to expand much larger than it already is!
[quote][p][bold]Legal Beagle[/bold] wrote: I thought this guy had some excellent ideas, but I've been trying to save some money at his bank, Burnley Savings & Loans ever since it opened, and it's always the same story - we don't want your money. I just had a look at the website this evening - https://www.burnleys avingsandloans.co.uk /savings/ - and it's the same old story, "Sorry, due to the overwhelming volume of applications we received on Monday 24th March 2014, our waiting list is now closed. However, we hope to be able to reopen the list again in September 2014." It's not much of a bank if it can't accept new deposits.[/p][/quote]Wouldn't mind a sniff as well, but I don't think this bank wants to expand much larger than it already is! BIGGLESTOE
  • Score: 0

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