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Current Account. For more information, please visit your local Virgin Money Store or call Lines are open from 8am to 8pm Monday to Friday.

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The deal signals the end of a high street presence for the Clydesdale Bank brand, which was established in Glasgow inand its sister brand Yorkshire Bank, which was founded in Halifax in There are 70 Clydesdale Bank branches and 97 Yorkshire Bank outlets. The deal also prompted online speculation that because Clydesdale is one of only a small number of banks worldwide that issues its own banknotes, there could soon be Virgin Money notes — perhaps even featuring a portrait of Sir Richard Branson — circulating in Scotland.

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The merger will bring 2. Combined, the new group will have a total of branches - Clydesdale and Yorkshire banks and 74 Virgin Money stores. When it comes to existing customers, The Sun understands that the terms and conditions of accounts won't change and no one will be moved onto new products.

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Virgin Money plans to transfer its savers to Clydesdale Bank on October Currently they benefit from two compensation limits — one for Clydesdale and one for Virgin Money — because they are currently two separate banks. But from October they will both be part of the same firm, giving savers one lot of compensation for all their money with Clydesdale Bank, Yorkshire Bank, its offshoot B and Virgin Money.

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Mind you it was hardly surprising given the overlap that would occur. This was because CYBG already has a successful digital banking platform, known as iB which supports the its digital bank B, which has overcustomers. The success of the latter led it to migrate all its brands to the iB platform. This has given customers of Yorkshire and Clydesdale banks the same functionality.

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Yorkshire Bank will begin rebrand changes in late and Clydesdale Bank will begin in the second half of The entire business - including all branches - will be using the Virgin Money brand by be end of Yorkshire Bank will begin rebranding in late and Clydesdale Bank will begin in the second half of

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