Sampson Lloyd

Sampson Lloyd II
Born	Template:Birth date Birmingham, England
Died	1779
Occupation(s)	Industrialist, Banker
Known for	Co-founder of Lloyds Bank

Sampson Lloyd II (15 May 1699 – 1779) was an English industrialist specializing in iron manufacturing and a banker who played a key role in founding Lloyds Bank. He was a member of the notable Lloyd family of Birmingham.

Career

Sampson Lloyd was the third-born son of Sampson Lloyd (1664–1724) and Mary Crowley, a Quaker family of Welsh descent that moved from Leominster, Herefordshire to Birmingham in 1698.

After his father passed away in 1725, he and his brother Charles (1696–1741) took over the Town Mill and engaged in iron trading, additionally owning a forge located in Burton upon Trent. Upon Charles's death in 1741, Lloyd increased his fortune and, in 1742, acquired a 56-acre property named "Owen's Farm" in Bordesley (present-day Sparkbrook, Birmingham) for £1,290. He preserved the original Tudor farmhouse and constructed a Georgian-style mansion nearby called "Farm", which is currently recognized as a grade II* listed building.

Lloyd divided his time between his townhouse on Edgbaston Street, situated close to his ironworks, and his estate at Farm. At age 66, in 1765, he formed a partnership with his son Sampson and John Taylor—a prominent Birmingham button manufacturer—and Taylor's son to launch Birmingham's inaugural bank: Taylor's and Lloyds, established at 7 Dale End. This enterprise eventually developed into Lloyds Bank, now part of the Lloyds Banking Group.

Personal life

Lloyd entered into two marriages. His first marriage took place in 1727 with Sarah Parkes (1699–1729), daughter of Richard Parkes. Their son Sampson became a co-founder of the firm Taylor, Lloyd, Hanbury and Bowman based on Lombard Street, London.

In 1731, Lloyd married Rachel Champion (1712–1766), daughter of Nehemiah Champion. Together they had six children who survived into adulthood—four sons and two daughters—including Charles Lloyd (1748–1828), the second son who also became a partner in the banking business. Charles Lloyd the poet, one of his descendants, was involved in banking for a short period.