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Nottingham Building Society

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The Nottingham Building Society
FormerlyNottingham Permanent Benefit Building Society
Company typeBuilding society (mutual)
IndustryBanking and Financial services
Founded1849; 175 years ago (1849)
HeadquartersNottingham, England, UK
Number of locations
31
Key people
  • Andrew Neden (chairman)
  • Sue Hayes (chief executive)
ProductsSavings, mortgages, investments, insurance
RevenueIncrease £74.6 million (2022)
Increase £18.9 million (2022)
Increase £15.8 million (2022)
Total assetsIncrease £3,812.5 million (2022)
Total equityIncrease £231.6 million (2022)
Number of employees
  • Neutral decrease 513 (2022)
  • 537 (2021)
WebsiteOfficial website Edit this at Wikidata

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.[a]

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

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

Notes

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  1. ^ Fox had been running a savings scheme with Louisa (Lucy Maria) Woods since the 1830s for students at their Adult School.

References

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  1. ^ "The Nottingham 2022 Annual Report and Accounts" (PDF). 18 February 2024. Archived (PDF) from the original on 18 February 2024. Retrieved 18 February 2024.
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