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The building opened in June 1899 and was designed by W.W. Gwyther. Built from granite, the building is ornamental with Corinthian columns and balustrading. The interior walls were decorated with pale turquoise egg shell glazed tiles with a Numidian marble dado. Mahogany fittings were visible throughout the room. The building is topped with a copper dome which is 40 feet in diameter with an iron corona containing a skylight of hand painted in the centre

The statues seen on either side of the roof represent Manufacture and Agriculture. Carved panels above the windows depict the coats of arms of prominent towns and cities where other branches of the Yorkshire Banking Company were situated. The City of Leeds insignia is above the door showing the three owls, three stars and the fleece. The building is topped with a copper dome which is 40 feet in diameter with an iron corona containing a skylight in the centre

The Yorkshire Banking Company began in 1843 after taking over the Yorkshire District Banking Co. In 1881 the manager of the Pontefract branch was found to have stolen £40,000. The Yorkshire Banking Company came to an end in 1901, two years after the branch in Leeds opened, joining with three other banks to form London City and Midland, and eventually becoming Midland Bank Ltd.