Nottingham Building Society
 | |
Formerly | Nottingham Permanent Benefit Building Society |
|---|---|
| Building society (Mutual) | |
| Industry | Banking and financial services |
| Founded | 1849 |
| Headquarters | Nottingham, England, UK |
Number of locations | 67 |
Key people | David Marlow, chief executive |
| Products |
Savings, mortgages, investments, insurance |
£58.6 million GBP (July 2017),  | |
| Total assets | £3.6 billion GBP (December 2016), |
Number of employees | 678 |
| Website | www.thenottingham.com |
The Nottingham Building Society is a building society founded in 1849 by a group led by Samuel Fox (1781–1868), a Quaker and prominent local grocer.[1]
The purpose of the society was to promote the construction of a better class of dwellings, suitable for the working and middle classes, as well as provide a safe and profitable place for small savings.
The Nottingham Building Society was one of the first financial institutions to introduce online banking in 1983, with its Homelink service on Prestel. It is a member of the Building Societies Association.
Branches
The society currently has 67 branches across 11 counties including in city centre on Parliament Street, Beeston, Bulwell, Mapperley, Sherwood on Mansfield Road, and Wollaton. It has many of its branches in the county of Nottinghamshire, Hertfordshire and others in Lincolnshire, Derbyshire and Sheffield.
In 1970 it acquired the Grantham Building Society and has taken on branches destined for closure from Banco Santander, The Co-operative Bank, Derbyshire Building Society, Shepshed Building Society and Yorkshire Building Society. In July 2017, The Nottingham Building Society added to its branch network by acquiring seven locations from the Norwich and Peterborough Building Society[2].
References
- ↑ Fox had been running a savings scheme with Louisa Woods since the 1830s for students at their Adult School.
- ↑ http://www.cityam.com/268865/nottingham-building-society-continues-its-branch-expansion
External links