Universal Building Society Explained

rightUniversal Building Society was a UK building society with headquarters in Newcastle upon Tyne that operated between 1863 and 2006 . It was merged with the Newcastle Building Society in 2006.

History and merger

The building society was established in Newcastle upon Tyne in 1863.

In 2006, it merged with the Newcastle Building Society.^[1] At the time of the merger, the Universal was the 29th largest building society in the UK with assets of £600m.^[2] It had nine branches and employed approximately 130 staff.

External links

• Newcastle Building Society website

Notes and References

1. Web site: Mergers and Conversion . . 1 July 2013 . 21 April 2014 . https://web.archive.org/web/20140423041345/http://www.bsa.org.uk/consumers/general/general-consumer-fact-sheets/mergers-and-conversions-into-plc-banks/ . 23 April 2014 . dead . dmy-all.
2. http://online.newcastle.co.uk/press_office/press/2006/merger.html Universal Building Society announces decision to merge with Newcastle Building Society