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Commercial Bank of ScotlandThe Commercial Bank of Scotland opened a branch in Cumnock around 1920 - the first agent was R.D. HUNTER a post which he held until his death in 1941. He was succeeded by his son who became Town Clerk of Cumnock - and ran the bank jointly with Hugh Morton REYBURN and later with J. B. WATSON.
Vina recently e-mailed to say that Mr Reyburn closed the bank in the middle of the day when the Queen and Prince Philip visited Cumnock - this allowed staff to see the motorcade go by
The Bank stood at No. 2 the Square and the site was occupied prior to 1875 by a grocery business run by the Hunter family. After 1875 William Hunter returned to Cumnock from Glasgow University and started trading as an ironmonger, cycle agent, gramophone dealer and optician. He was succeeded by Hugh D. Hunter.
The premises were demolished and a new building was erected in 1927. In 1959 the Commercial Bank of Scotland Ltd. amalgamated with the National Bank of Scotland to form the National Commercial Bank of Scotland Ltd. The National Commercial Bank became one of Scotland`s largest banks - with over 400 branches. In 1960 it appointed a public relations officer - the first bank to do so. In 1966 the National Commercial Bank acquired 36 branches of the National Bank (established 1836) in England and Wales. In 1968 negotiations were concluded for the merger of the National Commercial Bank of Scotland and the Royal Bank of Scotland, effective from April 1969.
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