Nottingham Building Society Explained

The Nottingham Building Society
Type:Building society (mutual)
Industry:Banking and Financial services
Products:Savings, mortgages, investments, insurance
Revenue: (2022)
Operating Income: (2022)
Net Income: (2022)
Assets: (2022)
Equity: (2022)
Location:Nottingham, England, UK
Locations:31
Former Name:Nottingham Permanent Benefit Building Society

Nottingham Building Society, trading as The Nottingham, is a building society in the UK, with its headquarters in Nottingham, England. It is a member of the Building Societies Association. At December 2022, the Society had total assets of more than £3.8 billion.[1]

The Society was founded in 1849 by a group led by Samuel Fox (1781–1868), a Quaker and prominent local grocer.

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.

Branches

The society currently has 31 branches across nine counties, mainly across Nottinghamshire, but there is also a significant presence in Leicestershire, Derbyshire and Lincolnshire.

External links

Notes and References

  1. Web site: 18 February 2024. The Nottingham 2022 Annual Report and Accounts. live. https://web.archive.org/web/20240218175342/https://www.thenottingham.com/media/mylfcns0/2022-annual-report.pdf. 18 February 2024. 18 February 2024.