Leeds Building Society

Leeds Building Society
Company typeBuilding society, (mutual)
IndustryFinancial services
Founded1875; 149 years ago (1875)
HeadquartersLeeds, England, UK
Number of locations
56
Key people
Richard Fearon[1] (chief executive)
ProductsSavings, Mortgages, Investments, Insurance, Financial Planning
RevenueIncrease £376.7 million (2022)
Increase £220.5 million (2022)
Increase £161.9 million (2022)
Total assetsIncrease £25,513 million (2022)
Total equityIncrease £1,506 million (2022)
Number of employees
  • Neutral increase 1,538 (2022)
  • 1,474 (2021)
WebsiteOfficial website

Leeds Building Society is a building society based in Leeds, England. It serves approximately 719,000 customers across the United Kingdom, who together hold £9.9 billion in savings balances and is the fifth largest building society in the UK.[2] It is a member of the Building Societies Association.[3]

At December 2022, the Society had total assets of more than £25 billion.[4]

History

A branch in Wetherby in new branding.

The society was registered as the Leeds and Holbeck (Permanent) Building Society in 1875, though the society originated from a group called the Leeds Union Operative Land and Building Society which formed in 1845.[5] The society was renamed to Leeds Building Society in September 2005. It has 65 branches across the UK, with 29 located in Yorkshire, and previously had two international branches located in Gibraltar and Dublin, Ireland. The head office is located on Sovereign Street in Leeds city centre.

It should not be confused with the defunct Leeds Permanent Building Society, which was also known as The Leeds, which merged with the Halifax Building Society on 1 August 1995.[6]

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, in North Shields, an area of North Tyneside, in Tyne and Wear.[7][8]

Sponsorship

The Leeds Building Society is also the main shirt sponsor of the Super League rugby league side Leeds Rhinos.[9]

Arms

Coat of arms of Leeds Building Society
Notes
Granted 25 July 1960
Crest
On a wreath of the colours an owl between two sprigs of thrift flowered and leaved Proper.
Escutcheon
Azure a fesse wavy Argent surmounted of a tower Or on a chief Sable three mullets also Argent.
Supporters
On either side a griffin Argent gorged with a collar Gules charged with three bezants pendent from the collar a key also Gules and resting the interior hind paw on a rose also Argent barbed and seeded Proper.
Motto
Servate Et Servite[10]

References

  1. ^ "About the Board of Directors - Leeds Building Society". www.leedsbuildingsociety.co.uk. Retrieved 7 February 2019.
  2. ^ "Leeds Building society achieves Leaders in Diversity accreditation". 26 October 2018.
  3. ^ "Leeds Building Society". Building Societies Association. Retrieved 7 July 2023.
  4. ^ "Leeds Building Society Annual Report and Accounts 2022" (PDF). 18 February 2024. Archived (PDF) from the original on 29 March 2023. Retrieved 18 February 2024.
  5. ^ "History Of LBS - Leeds Building Society". www.leedsbuildingsociety.co.uk. Retrieved 7 February 2019.
  6. ^ "Leeds Permanent Building Society". Registers of Scotland. Retrieved 7 July 2023.
  7. ^ Building Society Mergers and Conversions since 1980 Archived 2011-07-24 at the Wayback Machine Building Societies Association website (Retrieved 5 April 2007)
  8. ^ "Mergers and Conversion". Building Societies Association. 1 July 2013. Archived from the original on 23 April 2014. Retrieved 21 April 2014.
  9. ^ "Leeds Rhinos Samaritans shirts go up for auction". 18 October 2019.
  10. ^ "Leeds and Holbeck Building Society". Heraldry of the World. Retrieved 25 September 2021.

External links

Wikimedia Commons has media related to Leeds Building Society.
  • Official website
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