Yorkshire Building Society
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Yorkshire Building Society | |
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Type | Building Society (Mutual) |
Founded | 1864 |
Headquarters | Bradford, England, UK |
Key people | Iain Cornish, Chief Executive |
Industry | Banking and Financial Services |
Products | Savings, mortgages, investments, loans, credit cards, insurance |
Revenue | £191.7 million GBP (2005) |
Employees | 2,344 (2005) |
Website | www.ybs.co.uk |
The Yorkshire Building Society is the third largest building society in the UK[1], with its headquarters in Bradford, England. Assets now exceed £16.3 billion.
In 1864, the Huddersfield Equitable Permanent Benefit Building Society was founded in Huddersfield, and expansion through a series of agreed mergers has seen it evolve into today's building society. The current name came into use in 1982, following the merger of the Huddersfield & Bradford and the West Yorkshire building societies.
Despite changes in the industry in recent years, the Yorkshire remains as one of the major mutual building societies in Britain - a review in 1995 confirmed that their mutual status was important to them, so that they remain answerable to their members, rather than outside shareholders.
The Yorkshire currently provides financial services both directly and through a 131-strong branch network and associated agencies across the UK.
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