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A high street building society branch, in Banbury. A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending.
Nationwide Building Society is the largest retail bank in the United Kingdom, [2] and the world's largest building society, serving over 16 million members. [3] It operates as a British mutual financial institution, meaning it is owned by and run for the benefit of its members.
Derbyshire Building Society: Nationwide Building Society: Building society £ 7.1 × 10 ^ 9 [17] September 8, 2008: Cheshire Building Society: Nationwide Building Society: Building society £ 4.9 × 10 ^ 9 [18] September 14, 2008: Merrill Lynch, New York City Bank of America, Charlotte, North Carolina Investment bank $ 4.4 × 10 ^ 10 [19 ...
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The other main class of consumer financial service organisation in the United Kingdom is the building society. The building society sector has become much smaller with fewer building societies. This was caused, firstly, a number of building societies demutualising in the 1980s and 1990s and subsequently, taken over by banks.
Other than Nationwide Building Society, Cumberland is the only other society to offer a full current account service with ATMs, Visa cards and Internet banking. It also offers fee-free foreign currency transactions.
Yorkshire Building Society branch on Briggate in Leeds. In 1864, the Huddersfield Equitable Permanent Benefit Building Society was founded in Huddersfield, and expansion through a series of agreed mergers, predominantly with the Bradford Permanent Building Society in 1975, has seen it evolve into the national building society that it is today.
The Nottingham Building Society is a building society in the UK, with its headquarters in Nottingham, England. It is a member of the Building Societies Association. At December 2022, the Society had total assets of more than £3.8 billion. [1] The Society was founded in 1849 by a group led by Samuel Fox (1781–1868), a Quaker and prominent ...