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- The Britannia Building Society was founded as the Leek & Moorlands Building Society in Leek in 1856. It expanded steadily as a regional society until the late 1950s when it began a major expansion drive, partly through branch openings but also some 55 acquisitions. The most substantial of these were the NALGO Building Society in 1960; the Westbourne Park in 1965 (becoming the Leek and Westbourne); and the Eastern Counties Building Society in 1974. The Society’s name was changed to the Britannia Building Society the following year. Following theacquisition of the Bristol & West in 2005, the Britannia became the second-largest building society in the UK (based on total assets of £36.8 billion) at 31 December 2007. It merged with The Co-operative Banking Group in 2009, and was legally dissolved as a separate organisation on 1 August that year; it has remained as a trading name of The Co-operative Bank ever since. In January 2013, the Co-operative announced that the brand would be phased out by the end of 2013, and began rebranding branches under its own name. However, the Co-operative Bank's own financial crisis resulted in the original plans being abandoned. Many Britannia branches were instead closed, and only a small number were retained and rebranded. (en)
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dbo:netIncome
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dbo:numberOfEmployees
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- 5000 (xsd:nonNegativeInteger)
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- 254 (xsd:nonNegativeInteger)
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- 17477 (xsd:nonNegativeInteger)
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dbp:defunct
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dbp:foundation
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dbp:keyPeople
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- Neville Richardson, final Chief Executive (en)
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- Britannia Building Society (en)
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dbp:netIncome
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- Savings and Mortgages (en)
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- The Britannia Building Society was founded as the Leek & Moorlands Building Society in Leek in 1856. It expanded steadily as a regional society until the late 1950s when it began a major expansion drive, partly through branch openings but also some 55 acquisitions. The most substantial of these were the NALGO Building Society in 1960; the Westbourne Park in 1965 (becoming the Leek and Westbourne); and the Eastern Counties Building Society in 1974. The Society’s name was changed to the Britannia Building Society the following year. (en)
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- Britannia Building Society (en)
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foaf:name
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- Britannia Building Society (en)
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