Heywood banks wikipedia




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    Heywood's Bank

    Heywood's Bank was a private banking firm established and run in Manchester by members of the Heywood family of Pendleton between 1788 and 1874.

    Family and banking history

    The bank was founded in Manchester by Benjamin Heywood and his two sons, Benjamin Arthur and Nathaniel Heywood with Barclay, Bevan, Tritton & Co, bankers of City of London, as London agents.

    They began trading in May 1788

    The company was named ‘Benjamin Heywood Sons & Co’. Benjamin had been a partner in Heywood's Bank, Liverpool which he had established in 1773 with his brother Arthur.

    The brothers had attempted in 1784 to open a branch of their bank at Manchester but the attempt failed and it was decided that a separate firm would have to be formed. They dissolved their partnership and Benjamin moved to Manchester with his sons, taking with him over £10,000 in bills of exchange, while Arthur remained in control of the Liverpool bank renaming it 'Arthur Heywood, Sons & Co'.