Anglia Building Society
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Anglia Building Society
The Anglia Building Society in the United Kingdom was originally formed by the merger of the Northampton Town and County and Leicestershire building societies in 1966. In 1987, it merged with Nationwide Building Society, becoming Nationwide Anglia Building Society before reverting to the Nationwide name in 1992. History Northampton Town and County The Northampton Town and County Freehold Land Society was formed in 1848, later becoming Northampton Town and County Benefit Building Society. In 1950, the Wellingborough Town and District Permanent Benefit Building Society transferred engagements and in 1953, it became simply Northampton Town and County Building Society. This Society absorbed a number of other societies. Leicestershire The Hinckley and South Leicestershire Permanent Benefit Building Society became Hinckley and Leicestershire Building Society in 1950 and finally Leicestershire Building Society in 1958. This merged with the Northampton Town and County in 1966, to for ...
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Building Society
A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdom, Australia and New Zealand, and used to exist in Ireland and several Commonwealth countries. They are similar to credit unions in organisation, though few enforce a common bond. However, rather than promoting thrift and offering unsecured and business loans, the purpose of a building society is to provide home mortgages to members. Borrowers and depositors are society members, setting policy and appointing directors on a one-member, one-vote basis. Building societies often provide other retail banking services, such as current accounts, credit cards and personal loans. The term "building society" first arose in the 19th century in Great Britain from cooperative savings groups. In the United Kingdom, building societies actively compete ...
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Co-operative Permanent Building Society
The Co-operative Permanent Building Society was a mutual building society, providing mortgages and savings accounts to its members. Its head office was located at New Oxford House in London.Mutuals Public Register
(No. 141B) Financial Services Authority (retrieved 17 November 2009) In 1970, it was renamed the .


History


Origins 1884 - 1900

The Southern Co-operative Permanent Building Society was formed in 1884 by a group of Co-operators including Thomas Webb and Charles Cooper, initially ...
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1987 Disestablishments In England
File:1987 Events Collage.png, From top left, clockwise: The MS Herald of Free Enterprise capsizes after leaving the Port of Zeebrugge in Belgium, killing 193; Northwest Airlines Flight 255 crashes after takeoff from Detroit Metropolitan Airport, killing everyone except a little girl; The King's Cross fire kills 31 people after a fire under an escalator flashes-over; The MV Doña Paz sinks after colliding with an oil tanker, drowning almost 4,400 passengers and crew; Typhoon Nina strikes the Philippines; LOT Polish Airlines Flight 5055 crashes outside of Warsaw, taking the lives of all aboard; The USS Stark is struck by Iraqi Exocet missiles in the Persian Gulf; U.S. President Ronald Reagan gives a famous speech, demanding that Soviet leader Mikhail Gorbachev tears down the Berlin Wall., 300x300px, thumb rect 0 0 200 200 Zeebrugge disaster rect 200 0 400 200 Northwest Airlines Flight 255 rect 400 0 600 200 King's Cross fire rect 0 200 300 400 Tear down this wall! rect 300 ...
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1966 Establishments In England
Events January * January 1 – In a coup, Colonel Jean-Bédel Bokassa takes over as military ruler of the Central African Republic, ousting President David Dacko. * January 3 – 1966 Upper Voltan coup d'état: President Maurice Yaméogo is deposed by a military coup in the Republic of Upper Volta (modern-day Burkina Faso). * January 10 ** Pakistani–Indian peace negotiations end successfully with the signing of the Tashkent Declaration, a day before the sudden death of Indian prime minister Lal Bahadur Shastri. ** The House of Representatives of the US state of Georgia refuses to allow African-American representative Julian Bond to take his seat, because of his anti-war stance. ** A Commonwealth Prime Ministers' Conference convenes in Lagos, Nigeria, primarily to discuss Rhodesia. * January 12 – United States President Lyndon Johnson states that the United States should stay in South Vietnam until Communist aggression there is ended. * January 15 – 1966 Nigeria ...
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Companies Based In Northampton
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Disestablished In 1987
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banks Established In 1966
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Saunders V Anglia Building Society
''Saunders v Anglia Building Society'' 970UKHL 5also known as ''Gallie v Lee'' is an English contract law case in the United Kingdom. It established that in contract law the burden lies with the plaintiff to demonstrate he has not acted negligently and, that consequently, the plea of ''non est factum'' cannot normally be claimed by a person of full capacity. Facts Mrs Gallie, who had broken her spectacles, signed a document without first informing herself of its contents. She was lied to by her nephew's business partner, Mr Lee, that the documents were merely to confirm a gift of her house to her nephew. In fact, she signed papers allowing the nephew's business partner to grant a mortgage over the property in favour of Anglia Building Society. When the business partner defaulted on the mortgage, Anglia Building Society claimed to foreclose and repossess the House. Mrs Gallie died before the litigation reached the House of Lords, and was represented by Saunders. Judgment Court of ...
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Isle Of Thanet
The Isle of Thanet () is a peninsula forming the easternmost part of Kent, England. While in the past it was separated from the mainland by the Wantsum Channel, it is no longer an island. Archaeological remains testify to its settlement in ancient times. Today, it is a tourist destination, and has an active agricultural base. Etymology The island of Thanet is mentioned as ''Tonetic'' (c. AD 150; the TON- of this form was misread as TOΛI-, hence it appears as ''Toliatis'' in the surviving manuscripts of Ptolemy); ''Tanat's'' (3rd C AD, Solinus); ''Tanatos'' (AD 731); ''Tenid'' in 679BEAUREPAIRE and ''Tenet'' (e.g. charters of AD 679, 689 and thereafter); and the Old Welsh forms ''Tanet'' and ''Danet'', found in the ''Historia Brittonum'' (c. AD 829/30) and Armes Prydein (c. AD 930). Standard reference works for English place-names (such as Eilert Ekwall's ''Concise Oxford Dictionary of English Place-Names'') state the name ''Tanet'' is known to be Brythonic in origin. Common ...
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Mutual Organization
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as ''a mutual''. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pa ...
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Northampton
Northampton () is a market town and civil parish in the East Midlands of England, on the River Nene, north-west of London and south-east of Birmingham. The county town of Northamptonshire, Northampton is one of the largest towns in England; it had a population of 212,100 in its previous local authority in the United Kingdom Census 2011, 2011 census (225,100 as of 2018 estimates). In its urban area, which includes Boughton, Northamptonshire, Boughton and Moulton, Northamptonshire, Moulton, it had a population of 215,963 as of 2011. Archaeological evidence of settlement in the area dates to the Bronze Age Britain, Bronze Age, Roman conquest of Britain, Romans and Anglo-Saxons, Anglo-Saxons. In the Middle Ages, the town rose to national significance with the establishment of Northampton Castle, an occasional royal residence which regularly hosted the Parliament of England. Medieval Northampton had many churches, monasteries and the University of Northampton (thirteenth century), ...
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Alliance And Leicester
Alliance & Leicester plc was a British bank and former building society, formed by the merger in 1985 of the Alliance Building Society and the Leicester Building Society. The business demutualised in the middle of 1997, when it was floated on the London Stock Exchange. It was listed in the FTSE 250 Index, and had been listed in the FTSE 100 Index from April 1997 until June 2008. After running into difficulty during the financial crisis, the bank was acquired by the Santander Group in October 2008, and transferred its business into Santander UK plc in May 2010. It was fully integrated and rebranded as Santander by the end of 2011. The bank's international subsidiary based in Douglas, Isle of Man, Alliance & Leicester International, continued to use the name Alliance & Leicester, until it was fully merged into Santander UK in May 2013. History Early history The Alliance & Leicester Building Society was formed by the merger of the Alliance Building Society (originally based i ...
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