Scottish Building Society

The Scottish Building Society is a building society based in Edinburgh, Scotland. It is the oldest building society in the world, the only independent building society based in Scotland and the 25th largest in the United Kingdom based on total assets of £431.4 million at 31 January 2020.[2] It is a member of the Building Societies Association.

Scottish Building Society
TypeBuilding Society (Mutual)
IndustryBanking and Financial Services
Founded1848
HeadquartersEdinburgh, Scotland, UK
Number of locations
17 [1]
Key people
Chief Executive - Paul Denton
ProductsSavings, Mortgages, Investments and Insurance
Total assets£431.4 million GBP (January 2020) [2]
Members33 000 (January 2020) [2]
Number of employees
71
Websitewww.scottishbs.co.uk

History

The Scottish Building Society was established in 1848 as the Edinburgh Property Investment Company. It changed its name to the Scottish Building Society in 1929.[3]

The Society has five branches in Edinburgh, Galashiels, Glasgow, Inverness and Troon, as well as a network of agents throughout Scotland.[4]

The Society became the first commercial sponsor of the Scottish Women's Premier League in 2017.

References

  1. http://www.scottishbs.co.uk/locations/ Locations
  2. Accessed 11 June 2020
  3. "General Information - History". Scottish Building Society. Retrieved 13 December 2016.
  4. "Locations". Scottish Building Society. Retrieved 13 December 2016.
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