Is Yorkshire Building Society closing down?

Is Yorkshire Building Society closing down?

Yorkshire building society is closing 48 branches in a move it partly blamed on “an increasing desire among customers to transact digitally rather than on the high street”. The announcement came 24 hours after HSBC said it would be shutting another 62 branches this year, on top of 55 already earmarked for closure.

How do I contact YBS?

If you need to speak to us, give one of our friendly colleagues a call.

  1. 0345 1200 100. for Savings.
  2. 0345 1200 200. for Mortgages.
  3. 0345 1200 805. for Web support.

What is happening with Yorkshire Building Society?

Yorkshire Building Society has announced proposed changes to its high street network that are designed to improve value for its members by delivering greater efficiency. The Society is planning to reshape and rebalance its national branch network to ensure it is delivering good value to its membership as a whole.

Which bank owns Yorkshire Building Society?

2010. The Yorkshire merges with Chelsea Building Society on 1 April 2010. Our combined assets are now of over £30bn, 2.8m members and a network of 178 branches.

Is Yorkshire Building Society a safe bank?

Your eligible deposits with Yorkshire Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.

How much cash can I withdraw from Yorkshire Building Society?

For cash withdrawals in a branch you can withdraw up to £1,000 on any one day or £5,000 by giving a few days notice. You can only withdraw a maximum of £5,000 in any seven day period.

Are Chelsea and Yorkshire Building Society the same?

On 1st April 2010 Chelsea merged with Yorkshire Building Society, then the UK’s second largest building society. Following the merger Chelsea retained the Chelsea Building Society brands and continues to offer a full range of financial products to new and existing customers.

Is Yorkshire Building Society part of Santander?

Santander has poached the head of the Yorkshire Building Society to become its new UK boss, the Spanish bank confirmed yesterday. Mike Regnier will join the bank as chief executive, after a quarter-century career spanning Lloyds, TSB, Halifax and Asda.

Does Virgin Money Own Yorkshire Building Society?

Virgin Money has agreed to be taken over by the Clydesdale and Yorkshire Bank Group (CYBG) for £1.7 billion. As part of the merger, the Clydesdale and Yorkshire bank brands will disappear from the high street and be switched over to Virgin Money.

Is Yorkshire Building Society part of Lloyds?

Their complicated history involves the Virgin Money brand being acquired by CYBG in 2018 and then the Clydesdale Bank and Yorkshire Bank brands being retired in favour of national Virgin Money UK branding….UK banking groups.

Banking brand Banks in group
Lloyds Banking Group Bank of Scotland Halifax Lloyds Bank

Is Skipton Building Society part of Yorkshire Building Society?

The Skipton Building Society was established in 1853 in Skipton, North Yorkshire, where it remains headquartered. It is the UK’s 4th largest building society and has over 1 million members and 100 branches….Skipton Building Society.

Type Mutual
Website www.skipton.co.uk

How many employees does YBS have?

Working together as one team, our 3,500 colleagues are our heart and soul.

Is Yorkshire Bank part of Lloyds?

  • October 4, 2022