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Minister of Money: Henry Duncan

image Published: Oct 04, 2017

Henry Duncan was a man of many parts: parish minister, savings bank founder, political lobbyist, anti-slavery campaigner, educator, geologist, poet, author. He also played a major role in the Disruption of the Church of Scotland in 1843 – the most significant social event in nineteenth-century Scotland. But his lasting legacy is as founder of the worldwide savings bank movement. He first opened a parish bank in Ruthwell, Dumfriesshire, in 1810, to encourage the ‘industrious poor’ to save for times of hardship. It was run by local voluntary trustees, and the idea spread to become the basis of trustee savings banks across the world.

A man of vision and compassion, Duncan believed fundamentally in the dignity of ordinary working people. From its beginnings in a small cottage on the shores of the Solway, his community savings bank went on to influence and inspire generations all over the world.

Published by John Donald, an imprint of Birlinn Ltd www.birlin.co.uk

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