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Yorkshire Building Society

Financial institution in the United Kingdom

Field	Value
name	Yorkshire Building Society
logo	Yorkshire Building Society.svg
type	Building society (mutual)
industry	Financial services
products	Mortgages, savings, investments, insurance
revenue	(2023)
operating_income	(2023)
net_income	(2023)
assets	(2023)
equity	(2023)
num_employees
foundation	19 August 1864{{cite book
last	Hall
first	Trevor Henry
title	The Early Years of the Huddersfield Building Society
date	1974
url	https://huddersfield.exposed/wiki/The_Early_Years_of_the_Huddersfield_Building_Society_(1974)_-_Introduction
accessdate	19 February 2017}}
location	Bradford, West Yorkshire, England
locations	231
key_people	{{Ubl
Susan Allen<ref>{{cite news	url	https://www.bbc.co.uk/news/uk-england-leeds-62727021	title=Yorkshire Building Society: Susan Allen named first female boss	date=30 August 2022	work=BBC News	accessdate=3 April 2023}} (chief executive)
homepage

| John Heaps (chairman) | Susan Allen (chief executive)

Yorkshire Building Society is the third largest building society in the UK, with its headquarters in Bradford, West Yorkshire, England. It is a member of the Building Societies Association. At December 2023, the Society had total assets of more than £60 billion.

The society also owns the Chelsea Building Society and Norwich and Peterborough Building Society, as well as Accord Mortgages and the savings business of Egg, which are referred to as the Yorkshire Building Society Group. Collectively the group employs 3,300 staff throughout the UK and serves 3 million members.

History

The society has its origins in the Huddersfield Equitable Permanent Benefit Building Society which was founded in Huddersfield in 1864.

It merged with the Bradford Permanent Building Society to form the Huddersfield & Bradford Building Society in 1975.

High Point on Westgate in Bradford was built as the headquarters of Yorkshire Building Society in the 1970s.

It then merged with the West Yorkshire Building Society to form the Yorkshire Building Society in December 1981.

The Yorkshire took over the Sussex-based Haywards Heath Building Society in December 1992.

In December 2001, the society merged with the Gainsborough Building Society.

In 2008, the Yorkshire merged with the Barnsley Building Society which had become a victim of the Icelandic banking crisis.

The Yorkshire Building Society branch in [[Farsley

In 2009, the Yorkshire noted that they were in advanced merger talks with Chelsea Building Society. The following day it was announced that they were to merge.

The ninth largest building society at the time, Norwich and Peterborough, entered into merger discussions with the Society on 19 March 2011. Following due diligence by the Yorkshire board, N&P members voted in favour of the proposal on 22 August. FSA approval followed on 23 September and the transfer of engagements was completed on 1 November. With almost no geographical overlap, the N&P name was retained as a separate and distinct brand.

On 25 July 2011, the Yorkshire announced it was buying the Egg savings and mortgage business from Citi in a deal worth £2.5 billion.

Brass band

In 1993, the former Hammonds Sauce Works Band was renamed as the Yorkshire Building Society Band. The building society supported the main band and also the YBS Hawley Band and YBS Juniors. The building society ceased its sponsorship in December 2004 although the YBS initials were retained in the band's name until 2008. From January 2009, the band was renamed the Hammonds Saltaire Band.

References

(30 August 2022). "Yorkshire Building Society: Susan Allen named first female boss". BBC News.
"Sector information". [[Building Societies Association]].
(29 February 2024). "Yorkshire Building Society Full Year Results 2023".
(21 February 2013). "Yorkshire Building Society plans £160m investment". Yorkshire Post.
"When was my building society founded?". Building Societies Association.
"BSA Yearbook 2024/25: Mergers & Name Changes". Building Societies Association.
Dunton, Jim. (12 March 2018). "Bradford backs saving brutalist landmark". [[Building Design]].
(22 October 2008). "Barnsley Building Society rescued". BBC News.
(1 December 2009). "The Chelsea and Yorkshire building societies may merge". BBC News.
(1 December 2009). "Yorkshire and Chelsea building societies agree merger". BBC News.
(18 March 2011). "Yorkshire eyes merger with rival society". BBC News.
Wachman, Richard. (19 March 2011). "Yorkshire building society in merger talks with Norwich and Peterborough". The Guardian.
(20 April 2011). "Yorkshire and N&P building societies to merge". BBC News.
(22 August 2011). "Members agree Yorkshire and N&P building societies merger". BBC News.
(23 September 2011). "FSA confirms Norwich & Peterborough Building Society merger with the Yorkshire Building Society". Financial Services Authority.
Dickson, Annabelle. (1 November 2011). "Norwich and Peterborough Building Society merger complete". Norwich Evening News.
(20 April 2011). "Joint Announcement". Norwich and Peterborough Building Society.
(25 July 2011). "Yorkshire Building Society, UK's second biggest mutual, acquires Egg". The Publisher Group Ltd.
"History". Hammond Saltaire Band.
"1993–2008". Hammonds Saltaire Band.
"2009 and onwards". Hammonds Saltaire Band.

Info: Wikipedia Source

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