Yorkshire Building Society
Yorkshire Building Society is a prominent financial institution in the United Kingdom, recognized as the second largest building society in the country. Established in 1864 and headquartered in Bradford, it serves over 3.1 million members through a comprehensive suite of financial services. The society specializes in various lending products, including residential and commercial mortgages, as well as personal loans for non-prime borrowers. In addition, it offers a wide range of savings accounts and insurance products, encompassing life, home, and protection insurance. Yorkshire Building Society operates as a mutual organization, prioritizing the interests of its members over external shareholders, which fosters a member-centric approach to financial services. Its portfolio also includes life planning services such as funeral plans and will writing, alongside consumer banking offerings. With over 4,500 employees and assets exceeding £38 billion, Yorkshire Building Society continues to play a significant role in the UK’s financial landscape.
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Barnsley Building Society
Acquisition in 2008
Barnsley Building Society, established by local residents in 1856, operated as a trading division of Yorkshire Building Society following its acquisition in 2008. It offered a range of commercial banking services to customers in Barnsley, United Kingdom, including savings accounts, mortgages, investments, financial advisory services, and insurance products. However, in 2016, the Yorkshire Building Society announced plans to replace the Barnsley brand with its own, leading to the closure of six branches and rebranding of the remaining ones under the Yorkshire name.
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