fjt_1009207 - SAVINGS BANKS / CAISSES D'ÉPARGNE CAISSE D'ÉPARGNE DE BAYONNE, refrappe (1834)

SAVINGS BANKS / CAISSES D'ÉPARGNE

Savings banks, imagined in the 18th century, were born in the 19th century with the Industrial Revolution and following generous ideas of protecting employees' savings and making savings productive while putting them at the service of society. Nation. The first savings and provident fund was created in Paris in 1818, then this example was followed in the provinces between 1819 and 1823 in Bordeaux, Rouen, Marseille, Nantes, Brest, Metz, Le Havre, Lyon, Troyes, Reims, etc. In the years 1830-1834, fifty-one new savings banks were created while in 1835, a law came to organize them. From 1835 to 1845, two hundred and sixty-three new funds appeared, private or municipal. In 1870, the territory had five hundred and twenty-five funds, including seven outside mainland France. Savings bank tokens and medals serve as attendance fees. The numismatics of savings banks was the subject of a study by Yves Jacqmin, Numismatics of private savings banks (tokens and medals), Paris: Le leopard d'or, 1987.