written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . july 2016 learn how and when to remove this template message this article does not cite any sources . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2016 learn how and when to remove this template message reliance bank limited banking with people for people type private industry financial services founded 1890 headquarters london united kingdom key people ann woodall chairman trevor smith managing director products financial services revenue 10.2 million 2009 operating income 4.1 million 2009 net income 1.9 million 2009 number of employees 23 2009 parent the salvation army international trustee company 51 % the salvation army trustee company 49 % website www.reliancebankltd.com formerly known as the salvation army bank reliance bank limited was founded in 1890 by william booth . when booth needed to attract investments to finance mortgages on property vital to the work of the movement his response was to set up its own bank . today the salvation army trustee company and the salvation army international trustee company still retain sole ownership of the bank and each year receive an equal share of the bank s allowable profits a total of 12 million over the last 10 years . it is not only the salvation army which relies on the bank but it is also used by many private customers as well as other churches charities and businesses . reliance bank s emphasis is on customer care . it is committed to ethical banking and any investments are made within strict ethical boundaries . profits are used to further the salvation army s evangelical and charitable work ; including centres for homeless people hospitals schools homes for children and the elderly health and educational programmes . the reliance bank is not a clearing bank and uses the national westminster bank to act as its agents in this respect . the bank s logo represents the light of the holy spirit . v t e commercial and retail banks in the united kingdom banking in the united kingdom barclays barclays bank barclays wealth cybg clydesdale bank yorkshire bank hsbc holdings first direct hsbc bank hsbc private bank m & s bank lloyds banking group1 bank of scotland bank of wales birmingham midshires halifax lloyds bank royal bank of scotland group2 adam and company child & co. coutts & co. drummonds bank natwest royal bank of scotland ulster bank santander group cahoot cater allen santander uk wholly state owned national savings and investments post office money uk financial investments uk asset resolution bradford & bingley3 nram3 other airdrie savings bank al rayan bank aldermore allied irish bank gb first trust bank arbuthnot latham & co secure trust bank bank and clients bank of ireland butterfield bank cambridge & counties bank c. hoare & co close brothers group the co operative bank smile danske bank duncan lawrie handelsbanken harrods bank icici bank uk julian hodge bank kingdom bank kleinwort benson metro bank monzo onesavings bank raphaels bank reliance bank n m rothschild & sons sainsbury s bank sg hambros shawbrook bank standard chartered tesco bank triodos bank tsb unity trust bank virgin money big four banks are underlined and private banks are shown in italics 1 10 % owned by ukfi 2 73 % owned by ukfi 3 mortgage assets only this article about a christian organization is a stub . you can help wikipedia by expanding it . v t e this united kingdom bank or insurance related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title reliance bank & oldid 731527931 categories banks of the united kingdomthe salvation armyethical bankingbanks established in 1890christian organization stubsunited kingdom financial services company stubseuropean bank stubshidden categories articles with a promotional tone from july 2016all articles with a promotional tonearticles lacking sources from july 2016all articles lacking sourcesall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 25 july 2016 at 22 51 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view