What is in Kelvin's Head?

  • On being bought and sold

    I happen to bank with Lloyds TSB and am just learning that the bank accounts that I hold with them are going to be transferred to the Co-operative when the various Lloyds TSB branches are sold, something that has just been announced this morning.

    I have to say I’m delighted. I’d rather bank with the Co-op – it fits in with my values much better than the banks I’m with. I joined the TSB when I was a student because it was at that stage thought to be a socially responsible institution (and in a rather more shallow way, because it had the prettiest branch interior in town).

    What I can’t work out is why I’ve not changed before now. It seems so much easier to be bought and sold than to walk into a branch and close one’s accounts. That makes no sense whatsoever.

    They say that people are more likely to change their religion, change their partner or change their political allegiance than to change their bank account. I know that I’ve been reluctant to shift, but can’t really work out why. That reluctance on the part of so many of us to shift banks must have contributed to the moral stagnation that is currently to be found in the UK banking system. If we were all a bit more active about it, things might be better.

    It is interesting to reflect that I’ve often been asked in church to buy fair trade bananas or such like but I struggle to remember much of a campaign to get me to change my bank. There have been consistent calls for ethical investment to be used by churches themselves and one of the struggles for congregations as well as national churches has been the lack of choice. There simply have not been very accessible branches of banks which seemed to offer more ethical alternatives.

    I hope that by the sale of the Lloyds-TSB banks to the Co, those choices will be increased and that there will be a competition not simply for our money but for our values and morals too.

    There is a campaign to get people to move their money. I feel a complete fraud in even linking to it having not movedmymoney.org at all. However, I’m glad to hear about the changes that are ahead and for once am happy to be bought and sold.

    What’s your excuse?

    , ,

2 responses to “Sermon on 10 August 2003”

  1. Avatar
    Anonymous

    Re: Sermon on 10 August 2003
    Hi Kelvin – like the blog. Are you going to be posting all your sermons to the blog or just selected o­nes? Lots of people post them in advance – there are a couple of sites that i read every week before writing my sermon, but I have not heard of anyone else posting them for comments after they have been preached. I'm surprised that members of your congregation have not taken the chance to comment o­n this o­ne of yours – it is worthy of comment! Did anyone object to it?

    SIMON

    Reply
  2. Avatar
    Anonymous

    Re: Sermon on 10 August 2003
    Simon – thanks for the comment – the first o­ne o­ne to be made. You should try this blogging yourself, you would like it. You always used to keep a journal, I seem to remember. I think that I will probably be posting most sermons. There are just a few occasions in the year when I do something else rather than preach in a straightforward way (eg singing and then commenting o­n the song).  It will be interesting to see whether people do take advantage of the chance to comment. No-one objected to it o­n Sunday, and quite a few made encouraging comments. It feels good to be in a church where I can preach that kind of sermon. I could not do so everywhere, as you yourself know well!

    Reply

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