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Norwich and Peterborough Building Society |
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Norwich and Peterborough Building Society The former Norwich Building Society was founded on 6th April 1852 under the imposing title of 'Norwich and District Provident Permanent Benefit Building and Freehold Land Society'.
The name accurately described the area in which the Building Society operated and reflected the fact that it had been established for the mutual benefits of its members.
After the Second World War, the Building Society eventually became an incorporated, legal entity and ceased to act in the name of its trustees and to mark this the name was changed to Norwich Building Society.
Peterborough Provincial Benefit Building Society was formed in the winter of 1860 by a group of railwaymen. The railway boom and increasing population in the area was making housing scarce.
The Peterborough Building Society incorporated the King's Lynn Building Society in 1967, the Stamford Building Society in 1980 and the Argyle Building Society in 1985.
Norwich and Peterborough Building Society was formed on 31st October 1986 when the Peterborough and the Norwich Building Societies merged. At that time the Peterborough's assets were £280 million and the Norwich's were £176 million.
The Society now has over 50 branches. Whilst these are mainly located in East Anglia and Lincolnshire, it also has a branch in Gibraltar (opened in 1990).
The principal office, on a "green field" business park, just outside Peterborough was opened by Her Majesty Queen Elizabeth II in 1988.
The Norwich and Peterborough Group currently employs over 900 people - 360 at its principal office and contact centre and approximately 560 work in its branch network and group companies.
The Group includes the following trading companies:
Hockleys Professional Limited (valuers and surveyors) which has 20 offices located around the region and an estate agency in Gibraltar.
Norwich and Peterborough has 15 ATMs located throughout East Anglia and Lincolnshire, is a member of the LINK network, and a member of The Building Societies Association. |
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