The Co-operative Permanent Building Society was a UK mutual building society, providing mortgages and savings accounts to its members. Its head office was located in London. The Southern Co-operative Permanent Building Society was formed in 1884, initially to provide a service to the members of the Co-operative Movement, enabling them to own their own properties.

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  • 1884-01-01 00:00:00 (xsd:date)
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dbpedia-owl:foundationDate
  • 1884-01-01 00:00:00 (xsd:date)
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  • The Co-operative Permanent Building Society was a UK mutual building society, providing mortgages and savings accounts to its members. Its head office was located in London. The Southern Co-operative Permanent Building Society was formed in 1884, initially to provide a service to the members of the Co-operative Movement, enabling them to own their own properties. To begin with the society built the houses but soon changed its direction to lend money to members for them to build their own or purchase existing properties. Competition soon began between societies and members from outside the movement joined. Through rapid expansion and strategic planning the society soon grew to become a major competitor and in 1943 was fifth largest in the UK with assets of ₤32,724,112. The society changed its name to Nationwide in September 1970 after a member vote. The name was suggested by then chairman, Leonard Williams. It was borrowed from the BBC current affairs programme of the same name. The Co-operative Permanent laid the foundations of the largest building society in the world.
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  • Co-operative Permanent Building Society
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  • September 1970
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dbpprop:foundation
  • 1884 (xsd:integer)
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  • London, England, UK
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  • The Co-operative Permanent Building Society was a UK mutual building society, providing mortgages and savings accounts to its members. Its head office was located in London. The Southern Co-operative Permanent Building Society was formed in 1884, initially to provide a service to the members of the Co-operative Movement, enabling them to own their own properties.
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  • Co-operative Permanent Building Society
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  • Co-operative Permanent Building Society
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