Lancaster bank branch re-brand after £1.7bn takeover

Yorkshire Bank in Penny Street will be rebranded as Virgin Money, after a major takeover announced in 2018.
By Nick Lakin
Published 11th Jan 2021, 15:45 BST
Updated 12th Jan 2021, 09:22 BST
An artist's impression of the proposed new Virgin Money signage.An artist's impression of the proposed new Virgin Money signage.
An artist's impression of the proposed new Virgin Money signage.

Plans have been submitted to Lancaster City Council to change the signage on the building from the Yorkshire Bank logos to Virgin Money.

In 2018, Virgin Money was taken over by the Clydesdale and Yorkshire Bank Group (CYBG) for £1.7bn.

Hide Ad
Hide Ad

As part of the merger, the Clydesdale and Yorkshire bank brands will disappear from the high street and be switched over to Virgin Money.

Yorkshire Bank in Penny Street.Yorkshire Bank in Penny Street.
Yorkshire Bank in Penny Street.

A statement on Yorkshire Bank's website reads: "Our branch network all across the UK will be getting a Virgin Money makeover.

"Over the next few months you'll start to see changes like a new sign above the door and a fresh new uniform for our colleagues.

"You’ll start to see our new logo on things like statements and emails.

Hide Ad
Hide Ad

"Our website is getting the full Virgin Money treatment and we’ll answer the phone as Virgin Money too.

In 2018, Virgin Money was taken over by the Clydesdale and Yorkshire Bank Group (CYBG) for £1.7bn.In 2018, Virgin Money was taken over by the Clydesdale and Yorkshire Bank Group (CYBG) for £1.7bn.
In 2018, Virgin Money was taken over by the Clydesdale and Yorkshire Bank Group (CYBG) for £1.7bn.

"There’s nothing you need to do – we’ll take care of it all. Your account and any login details will stay the same and you can still get in touch using the normal contact information.

We’re looking forward to welcoming you to our shiny new Store where you’ll get the same great service from some familiar faces."

The Penny Street branch is open now but on reduced opening hours due to Covid 19.

All branches will be rebranded to Virgin Money by the end of spring 2021.

Related topics:Virgin MoneyLancasterLancaster City CouncilClydesdale

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.