Savings BankLate in 1826 a small advertisement announced that a meeting would be held at the Public Rooms on Thursday 14th December for the purpose of nominating the Trustees, Directors and Treasurer of a savings bank. The same advertisement refers to a Fund being established to defray the formation expenses and inviting subscriptions to be paid into the East Riding Bank, Malton . Operations commenced in 1827  and opened for an hour or two on Saturdays only. It was, for years, the only institution in the district for small depositors. With increasing competition from the Post Office and other savings’ banks, opening hours were extended to include Tuesday and Saturday noons and for an hour on Saturday nights. The latter to ‘meet the wants of the working classes.’ Within 5 years of its opening, subscribers had been repaid the initial expenses, and by 1833 nearly £19,000 had been invested with the Commissioners for the Reduction of the National Debt In 1840 the Malton Savings Bank had 1,302 accounts, including 1,275 depositors and 21 friendly and charitable societies. This was reported at the annual meeting, held in the Bank office in Yorkersgate on 20th December, 1840. The same report alluded to 'a building exclusively appropriated to the business of the institution is in contemplation' . This new building was constructed in Yorkersgate in 1845  on the site of an old timber yard and cottage purchased from Earl Fitzwilliam.
Mr. George Hardy trained as a teacher but shortly before he was forty became the manager and actuary of the Malton Savings Bank. He died, aged 82 at his home in Castlegate on Tuesday 3rd March 1896 just a few months after retiring 
 York Herald 2 December 1826
 York Herald, 1 August 1894
 York Herald, 26 December 1840
 Daily Gazette for Middlesbrough, 5 March 1896