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Location type: Village
Location address: UK, Scotland, Ruthwell
Number of texts: 1
4 stars
Made by Dromos | Reference Colin Kinnear
Made by Dromos

Ruthwell has the first modern commercial savings bank. It was paying interest on its investors’ modest savings. Now it is a museum. The Savings Bank Museum tells the story of early home savings in Britain. It was created by Rev. Dr. Henry Duncan. He was a minister, author, antiquarian, geologist, publisher, philanthropist, artist and businessman. In 1810, Dr. Duncan opened the world’s first commercial savings bank.

Linked characteristics: Did you know...
Linked themes: History, Science
Linked groups: Economist's guide to the world

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