At Leeds Building Society, our members come first, and have done for 140 years. Whether you’re thinking about becoming a member but want to get to know us better first, or you’re an existing member keeping up to date on offers, deals and news, Your Society is for you.
Does Leeds Building Society still exist?
Leeds Building Society continues to do what it was set up to do in 1875 – to help people save money and to buy their own home.
Which Bank owns Leeds Building Society?
Leeds Building Society isn’t a bank – we’re a mutual, which means we’re owned by our members and are run exclusively in their best interests.
Is Leeds Building Society reputable?
According to Fairer Finance’s latest ratings, Leeds Building Society has a customer experience rating of 60%. It scores highly (91.65%) for dealing with customer complaints, but less well for customer happiness (54.31%), customer trust (41.95%), and transparency (55%).
What did Leeds Building Society become?
It should not be confused with the defunct Leeds Permanent Building Society, which was also known as The Leeds, which merged with the Halifax Building Society on 1 August 1995.
Who are the top 5 building societies in the UK?
Top 10 Building Societies
| Rank | Name | Membership |
|---|---|---|
| 1 | Nationwide | 16,300,000 |
| 2 | Yorkshire | 3,200,000 |
| 3 | Coventry | 2,023,500 |
| 4 | Skipton | 1,075,230 |
When did Halifax take over Leeds Building Society?
1995
The 1990s saw a period of mergers and acquisitions. The most notable of these were the 1995 merger with the Leeds Permanent Building Society, and the acquisition of Clerical Medical the following year. February 1997 marked a turning point in the history of the Halifax.
How do I pay into my Leeds Building Society account?
To make a payment into your savings account, you’ll need to use the following details:
- Name: The name you enter should match the name on your account with us.
- Sort code: 08-61-19.
- Account number: the first 8 numbers only of your 10 digit account number.
- Reference: use your own choice of reference.
Who did Yorkshire Bank merge with?
We are part of Virgin Money UK PLC, one of the UK’s leading banking groups.
Does Yorkshire Building Society still exist?
The society currently provides financial services both directly and through a 132-strong branch network and 99 associated agencies across the UK.
Who is the number 1 building society in the UK?
Nationwide Building Society
Current
| Name | Group assets (million) | |
|---|---|---|
| 1 | Nationwide Building Society | £232,800 |
| 2 | Coventry Building Society | £51,498 |
| 3 | Yorkshire Building Society | £47,930 |
Is it better to bank with a building society?
Since building societies don’t have to pay dividends to shareholders, they can typically offer better interest rates than banks.
Is a building society better than a bank?
Building societies typically offer better rates on savings accounts compared with banks. According to Your Money, in 2019, the average variable interest rate paid by building societies was 1.05 per cent.
Why are Yorkshire Building Society closing accounts?
The Yorkshire, Britain’s second largest building society, will quit the current account market in order to concentrate on mortgages and savings. It will also ditch the Norwich & Peterborough brand from the high street, having taken it over in 2011.
What was the old name of Leeds?
Loidis
Leeds is first mentioned in Anglo-Saxon times when it was called Loidis. By the time the settlement is mentioned in the Domesday (ie Doomsday) Book of 1086 it is spelt Ledes.
Are Yorkshire Building Society and Chelsea Building Society the same?
The Yorkshire merges with Chelsea Building Society on 1 April 2010. Our combined assets are now of over £30bn, 2.8m members and a network of 178 branches.
Which is the safest building society in the UK?
Fitch affirmed the ratings of five building societies with Stable Outlooks in a peer review in November 2021. These were: Coventry Building Society, Leeds Building Society, Principality Building Society, Skipton Building Society and Yorkshire Building Society.
Is Skipton Building Society in trouble?
The society entered the crisis with healthy asset quality, and deterioration has been limited to date, with SBS’s impaired (stage 3) loans forming only 0.4% of gross loans at end-1H20 (unchanged from end-2019).
Are building societies safer than banks?
What’s more, many people may prefer to head to building societies as they are more in tune with loans, mortgages and ISAs. A building society is a genuinely viable choice for anyone interested in protecting their money. However, thinking of a society being more ‘secure’ than a bank is a myth.
Does Halifax Building Society still exist?
Halifax (previously known as Halifax Building Society and colloquially known as The Halifax) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group.
What did Halifax used to be called?
Originally called Chebucto, the town was soon renamed for George Montagu Dunk, 2nd earl of Halifax, president of the Board of Trade and Plantations and among those who planned the founding of the settlement.