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On 1 August 2006, following approval by the Mercantile members and confirmation by the Financial Services Authority (FSA), Leeds Building Society merged with Mercantile Building Society, in North Shields, an area of North Tyneside, in Tyne and Wear.
HBOS offices in Lovell Park, Leeds, formerly those of the Leeds Permanent Building Society before its takeover by the Halifax Building Society. HBOS plc is a banking and insurance company in the United Kingdom , a wholly owned subsidiary of the Lloyds Banking Group , having been taken over in January 2009.
The Leeds Permanent Building Society was a building society founded in Leeds, England in 1848 and was commonly known in a shortened form as The Leeds or The Perm. It should not be confused with the extant Leeds Building Society (formerly Leeds and Holbeck Building Society)
In the 1830s and 1840s a new development took place with the permanent building society, where the society continued on a rolling basis, continually taking in new members as earlier ones completed purchases, such as Leek Building Society.
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
Bank of Scotland, which originated in the 17th century, is the second-oldest surviving UK bank after the Bank of England. In 2001, a wave of consolidations in the UK banking market led the former Halifax Building Society —which originated in 1853—to agree to a £10.8 billion merger with Bank of Scotland.
On 7 March 2024 Nationwide Building Society, the UK's largest building society, announced that they had made an offer to buy Virgin Money UK plc for £2.9 billion. Under the terms of the deal, the resulting company would be rebranded under the Nationwide banner over the next 6 years with the Virgin Money brand eventually disappearing. [16]
Nationwide completed a merger with Portman Building Society on 28 August 2007, creating a mutual body with assets of over £160 billion and around 13 million members. Portman's earliest component was the Provident Union Building Society founded in Ramsbury, Wiltshire in 1846.
In 1966, the society merged with the Ashbourne Permanent Benefit Building Society and the Somercotes Building Society. The Somercotes society may have been based in the Derbyshire village of Somercotes (Alfreton, Amber Valley) [citation needed] where the society has a branch in Leabrooks Road.
Permanent TSB Group Holdings plc, formerly Irish Life and Permanent plc is a provider of personal financial services in Ireland. Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank in 2001. [2]