Are TSB a good bank?

TSB is one of the more well-represented banks on the high street, with over 500 branches nationwide. Alongside this, there’s a full-service digital offering, including an app, which lets you make payments, manage regular payments and convert currencies.

Who is TSB Bank owned by?

Sabadell
We operate on a modern banking platform and serve our customers through digital channels, over the phone and in branches across the UK. TSB is part of the Spanish banking group Sabadell.

Which is the safest UK bank?

However, the two strongest are Santander (AA) and HSBC (AA-). Hence, according to S&P, your money is a little safer in these two global banks than in their four UK-based rivals….1. Credit ratings.

Bank	S&P’s long-term rating
Santander	AA (Very strong)
HSBC	AA- (Very strong)
Barclays	A+ (Strong)
Lloyds	A+ (Strong)

Are TSB and Lloyds the same?

TSB was owned by the Lloyds Banking Group until it went independent in 2013 when Lloyds received a government bailout after the financial crisis. Sabadell bought the bank two years later for £1.7billion.

Is TSB going bust?

TSB to shut 70 branches across the UK next year – here’s a full list of sites set to close. TSB is to close 70 branches across the UK between April and June next year. This is in addition to the 164 branches closed already this year.

Are Lloyds and Halifax the same?

Halifax (previously known as Halifax Building Society and colloquially known as The Halifax) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group.

Is Lloyds a safe bank?

Lloyds Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority: all our savings accounts, current accounts and ISAs are covered by the FSCS.