Neville Chamberlain and Birmingham Municipal Savings Bank stone plaque

This stone commemorative plaque records: The first municipal savings bank in Great Britain This stone was laid on October 22nd 1932 by The Rt. Hon Neville Chamberlain. M.P. Chancellor of the Exchequer. First chairman of the bank by whom the idea was originally conceived and who was principally responsible for its initiation

Neville Chamberlain, a significant British Conservative politician, served as Chancellor of the Exchequer and later Prime Minister; he is remembered for his policy of appeasement towards Nazi Germany in the lead-up to World War II. In 1932, Chamberlain laid the foundation stone for the first municipal savings bank in Great Britain, an institution he conceived to promote financial stability among citizens.