1991-2015

Since its foundation in 1850, Cheltenham & Gloucester had taken over more than 50 competitors. It was now one of the UK's largest mortgage providers. But before Lloyds could acquire it, C&G had to demutualise. Its members voted in favour, and each received a windfall payment.

By early 1999, only a handful of branches displayed the new Lloyds TSB livery. But overnight, on 28th June, the remaining 2,380 were rebranded, in a military-style operation. All branches were rebadged internally and externally - this involved nine miles of fascia signs, 18 miles of neon tube and 66,000 new merchandising units. Despite a fire at the warehouse where the new signs were stored, the operation was a success.

Of the members who voted, 97% were in favour of conversion. This resulted in the largest single extension of private share ownership in the UK - more than seven million people participated.

 The conversion was the culmination of a period of significant mergers and expansion. In 1995, the Halifax merged with the Leeds Permanent Building Society. The following year it purchased the life assurance company, Clerical Medical.

Birmingham Midshires was formed in 1986, with the amalgamation of the Birmingham & Bridgwater and the Midshires building societies. Both had roots going back to the mid-19th century, and were themselves the result of the cumulative mergers of some 50 building societies.

 Based in Wolverhampton, Birmingham Midshires is today a separate division of Bank of Scotland plc. It is known for its specialised lending, such as buy-to-let mortgages..

Scottish Widows was established in 1815, and was Scotland’s first mutual life office. It grew to be one of the largest providers of life assurance and investment products in the UK. Following its acquisition by Lloyd TSB, Scottish Widows’ products became available throughout the Lloyds TSB branch network.

Launched as 'the new force', HBOS set out to be the fastest growing financial services business in the UK, by delivering innovation and value for money. Initially it was very successful, becoming the UK's largest savings and mortgage provider. However, in 2008, problems emerged in its lending portfolio. These, along with the 'credit crunch', saw HBOS taken over by Lloyds TSB. The new company was named Lloyds Banking Group

The new company instantly became the largest retail bank in the UK. Lloyds Banking Group today serves more than 25 million customers, and brings together a host of well-known brands. These include Bank of Scotland, Birmingham Midshires, Cheltenham & Gloucester, Halifax, Lloyds TSB, and Scottish Widows. Each has its own rich and unique heritage . . .

The Olympic Games were last held in London in 1948. Taking place shortly after the Second World War, they were called the ‘Austerity Games’. Just over 4,000 athletes from 59 nations had competed in 19 sports. The 2012 Games attracted more than 10,000 athletes from 204 nations. They took part in almost 300 events.

The familiar black horse logo was given a makeover for the relaunch of Lloyds Bank on the high street. And more than 630 branches were brought together across Britain to form the new TSB.

The strength of the Group comes from its rich and diverse heritage, and its iconic brands.  Launching the next phase of its strategy to become Britain’s Best Bank for customers, the Group remains committed to its core purpose of Helping Britain Prosper.  We are proud to have supported local people, businesses and communities for more than three centuries.