12/02/2019
Share this story Share on Facebook icon Share on Twitter icon Share on Pinterest icon Share on Google Plus icon Share on Linked In icon Share via Email icon

Reverend Henry Duncan died - On this day in history

a3ad23b1-796f-459c-b102-24e0387286a7

Reverend Henry Duncan, a minister who founded one of the world's first commercial banks, died on 12 February 1846. Duncan was a church minister who used his position to help those in need. He is perhaps best known for establishing one of the world's first savings banks, with account deposits which were within the reach of ordinary working people, at a time when opening a savings account would have been beyond the means of most people.

Duncan ministered to the same parish for the whole of his working life, and also worked as an author, publishing The Cottage Fireside series of tracts and founding The Dumfries & Galloway Courier which he edited for seven years.

Duncan was also the first person to present a scientific report of a fossil track, which he discovered near Lochmaben. He died whilst conducting a religious service for one of his parishoners.

Further reading

Minister of Money: Henry Duncan, founder of the savings bank movement by Charles W Munn

Read more 'on this day in history' entries.
 

Back to "On this day in history" Category

12/02/2019 Share this story   Share on Facebook icon Share on Twitter icon Share on Pinterest icon Share on Google Plus icon Share on Linked In icon Share via Email icon

Recent Updates

The Battle of Waterloo was fought - On this day in history

The Battle of Waterloo was fought on 18 June 1815.


Mary Queen of Scots was imprisoned at Loch Leven Castle - On this day in history

On 17 June 1567, Mary Queen of Scots was imprisoned at Loch Leven Castle. ...


Women of Glasgow and the fight for the female vote

Judith Valleley highlights three remarkable Glaswegian women who played their part in the struggle for female ...


Golfer Tom Morris was born - On this day in history

Scottish golfer 'Old Tom Morris' was born on 16 June 1821.


Other Articles

Poet Thomas Campbell died - On this day in history

Poet Thomas Campbell died in Boulogne, France on 15 June 1844.


Television pioneer John Logie Baird died - On this day in history

John Logie Baird, the man who created the world's first successful publicly demonstrated television, died on ...


Scientist James Clerk Maxwell was born - On this day in history

Scientist James Clerk Maxwell was born on 13 June 1831. ...


Astronomer David Gill was born - On this day in history

Astronomer Sir David Gill was born on 12 June 1843.