Leeds Building Society
|Type||Building Society (Mutual)|
|Headquarters||105 Albion Street, Leeds, England LS1 5AS|
|Key people||Peter Hill, Chief Executive |
|Products||Savings, Mortgages, Investments,
Credit Cards, Insurance,
|Net income||£163.2 million GBP (December 2013), 23% on 2012|
|Total assets||£11.2 billion GBP (December 2013), 8.7% on 2012|
Leeds Building Society was established as the Leeds and Holbeck (Permanent) Building Society in 1875 and is now the 5th largest in the UK and serves approximately 695,000 customers. The society was renamed to Leeds Building Society in September 2005. It has 65 branches across the UK, with 29 located in Yorkshire and it has a branch in Gibraltar and a branch in Dublin . Its head office is located on The Headrow in Leeds city centre. It should not be confused with the defunct Leeds Permanent Building Society, which was also known as The Leeds, and merged with the Halifax Building Society on 1 August 1995.
In July 2006 Leeds Building Society was voted "Best Building Society" by Mortgage Magazine. This award is judged by an independent panel and takes into account long term value, customer service, how easy products are to understand and commitment to mutuality, as well as competitive interest rates.
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. Mercantile members overwhelmingly supported the proposal at the Society’s AGM at the end of April with 97% of the votes in favour of the merger. It is a member of the Building Societies Association.
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