Hokkaido Takushoku Bank - 1939 Onwards

1939 Onwards

In 1939 there was an amendment to the Hokkaidō Takushoku Bank law, allowing the bank, which thus far had performed only long-term financing based on debt issuance, to handle bank accounts and offer short-term finance. Now performing simultaneously the roles of ordinary bank and savings bank, Takugin dramatically increased its scale of operations. Finally in the wartime unification, all banks relating to Hokkaidō and Karafuto, ordinary banks and savings banks, were merged.

In 1950 the Hokkaidō Takushoku Bank law was repealed, and Takugin was converted into an ordinary bank. In 1952, the provision of "exploitation bonds", which had existed since Takugin originally opened, was ceased (this service was transferred to the Japan long-term credit bank). In 1960, Takugin achieved entry into the group of banks known as City Banks.

In March 1963, Takugin took over running of the Hokkaidō lottery.

In Hokkaidō the great majority of families had an account at "Mr. Takugin", and virtually all the municipalities were clients. While having the smallest scale of operations as a "city bank", Takugin established a status as the "Hokkaidō people's bank".

Beginning from around 1962, Takugin began using the character of Takuchan ("little Taku") the brown bear as a motif. Takuchan savings boxes made of vinyl chloride are still popular among figure collectors to this day. From 1989, Takugin used the character Sanrio.

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