One of the major
UK Mutual Building Societies remaining today is the Britannia Building Society, with headquarters in
Staffordshire ,
England . Britannia is the second largest building society in the UK.
Britannia Building Society provides financial services both directly and through more than 250 branches. Britannia is an important provider of both
Mortgages and
Savings in the UK, as well as commercial lending.
Britannia has been around since 1856, when it was known as the Leek and Moorlands Building Society. Since then a series of agreed mergers has evolved it into today's Britannia. The most recent acquisition was the savings arm and branch network of former building society, Bristol and West. This is the first major re-mutualisation in the United Kingdom, following the demutualisation trend in the late 1990s.
- --- 2005 :
- --- 21 September : The transfer of the Bristol & West Branch and Contact Centre network is completed. 94 retail branches from the Bristol and west are now trading as Britannia. 50 Staff at Parkway and 150 staff at Temple Quay now work for Britannia Bristol, as the former Bristol and West is now called.
- --- 12 December : Britannia announces its intention to relocate all former Temple Quay and Parkway staff to a new location. It is believed that the new location will be based in the centre of Bristol.
