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Leek United Building Society
Leek Building Society is an independent mutual building society based in Leek, Staffordshire, England. It is the 16th largest building society in the UK, based on total assets of £1,091.4m as at 31 December 2019. The Society has 12 branches and a Customer Service Centre across Cheshire, Derbyshire, Shropshire and Staffordshire. It is a member of the Building Societies Association. History The Society was established as the Leek United Permanent Benefit Building Society on 1 January 1863, under the motto ‘Firm and Lasting (as the pyramids)’. The burgeoning building society movement of the mid-19th century saw hundreds of local mutual savings and loan organisations opening up across the country, and at the time of Leek Building Society's incorporation, there were almost 3,000 building societies in existence. By 1883, the Society had total assets of £90,000, reserves of £5,000 and a membership of 1,328. It changed its name to Leek United & Midlands Building Society in 1919, ...
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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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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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Organizations Established In 1863
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, inclu ...
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Banks Established In 1863
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 an ...
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Building Societies Of England
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artisti ...
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Carpetbagging
In the history of the United States, carpetbagger is a largely historical term used by Southerners to describe opportunistic Northerners who came to the Southern states after the American Civil War, who were perceived to be exploiting the local populace for their own financial, political, and/or social gain. The term broadly included both individuals who sought to promote Republican politics (including the right of African Americans to vote and hold office) and individuals who saw business and political opportunities because of the chaotic state of the local economies following the war. In practice, the term ''carpetbagger'' was often applied to any Northerners who were present in the South during the Reconstruction Era (1865–1877). The term is closely associated with "scalawag", a similarly pejorative word used to describe native white Southerners who supported the Republican Party-led Reconstruction. White Southerners commonly denounced "carpetbaggers" collectively durin ...
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Building Societies Association
The Building Societies Association (BSA) was originally established in 1869. It is the voice for all 43 UK building societies as well as six large credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision ...s.  Together these organisations serve around 25 million customers up and down the length of the UK. The BSA's objective is to push for the best outcomes for building societies and other members from the plethora of new and changing regulation and legislation in the UK and Europe. Key sector statistics Building societies have total assets of £415 billion and, together with their subsidiaries, hold residential mortgages of almost £330 billion, 23% of the total outstanding in the UK. They hold over £280 billion of retail deposits, accounting for 19% of all such deposit ...
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Staffordshire
Staffordshire (; postal abbreviation Staffs.) is a landlocked county in the West Midlands region of England. It borders Cheshire to the northwest, Derbyshire and Leicestershire to the east, Warwickshire to the southeast, the West Midlands County and Worcestershire to the south and Shropshire to the west. The largest settlement in Staffordshire is Stoke-on-Trent, which is administered as an independent unitary authority, separately from the rest of the county. Lichfield is a cathedral city. Other major settlements include Stafford, Burton upon Trent, Cannock, Newcastle-under-Lyme, Rugeley, Leek, Staffordshire, Leek, and Tamworth, Staffordshire, Tamworth. Other towns include Stone, Staffordshire, Stone, Cheadle, Staffordshire, Cheadle, Uttoxeter, Hednesford, Brewood, Burntwood/Chasetown, Kidsgrove, Eccleshall, Biddulph and the large villages of Penkridge, Wombourne, Perton, Kinver, Codsall, Tutbury, Alrewas, Barton-under-Needwood, Shenstone, Staffordshire, Shenstone, Fe ...
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Shropshire
Shropshire (; alternatively Salop; abbreviated in print only as Shrops; demonym Salopian ) is a landlocked historic county in the West Midlands region of England. It is bordered by Wales to the west and the English counties of Cheshire to the north, Staffordshire to the east, Worcestershire to the southeast, and Herefordshire to the south. A unitary authority of the same name was created in 2009, taking over from the previous county council and five district councils, now governed by Shropshire Council. The borough of Telford and Wrekin has been a separate unitary authority since 1998, but remains part of the ceremonial county. The county's population and economy is centred on five towns: the county town of Shrewsbury, which is culturally and historically important and close to the centre of the county; Telford, which was founded as a new town in the east which was constructed around a number of older towns, most notably Wellington, Dawley and Madeley, which is tod ...
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Derbyshire
Derbyshire ( ) is a ceremonial county in the East Midlands, England. It includes much of the Peak District National Park, the southern end of the Pennine range of hills and part of the National Forest. It borders Greater Manchester to the north-west, West Yorkshire to the north, South Yorkshire to the north-east, Nottinghamshire to the east, Leicestershire to the south-east, Staffordshire to the west and south-west and Cheshire to the west. Kinder Scout, at , is the highest point and Trent Meadows, where the River Trent leaves Derbyshire, the lowest at . The north–south River Derwent is the longest river at . In 2003, the Ordnance Survey named Church Flatts Farm at Coton in the Elms, near Swadlincote, as Britain's furthest point from the sea. Derby is a unitary authority area, but remains part of the ceremonial county. The county was a lot larger than its present coverage, it once extended to the boundaries of the City of Sheffield district in South Yorkshire ...
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Cheshire
Cheshire ( ) is a ceremonial and historic county in North West England, bordered by Wales to the west, Merseyside and Greater Manchester to the north, Derbyshire to the east, and Staffordshire and Shropshire to the south. Cheshire's county town is the cathedral city of Chester, while its largest town by population is Warrington. Other towns in the county include Alsager, Congleton, Crewe, Ellesmere Port, Frodsham, Knutsford, Macclesfield, Middlewich, Nantwich, Neston, Northwich, Poynton, Runcorn, Sandbach, Widnes, Wilmslow, and Winsford. Cheshire is split into the administrative districts of Cheshire West and Chester, Cheshire East, Halton, and Warrington. The county covers and has a population of around 1.1 million as of 2021. It is mostly rural, with a number of towns and villages supporting the agricultural and chemical industries; it is primarily known for producing chemicals, Cheshire cheese, salt, and silk. It has also had an impact on popular cult ...
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Green Arrow Up
Green is the color between cyan and yellow on the visible spectrum. It is evoked by light which has a dominant wavelength of roughly 495570 nm. In subtractive color systems, used in painting and color printing, it is created by a combination of yellow and cyan; in the RGB color model, used on television and computer screens, it is one of the additive primary colors, along with red and blue, which are mixed in different combinations to create all other colors. By far the largest contributor to green in nature is chlorophyll, the chemical by which plants photosynthesize and convert sunlight into chemical energy. Many creatures have adapted to their green environments by taking on a green hue themselves as camouflage. Several minerals have a green color, including the emerald, which is colored green by its chromium content. During post-classical and early modern Europe, green was the color commonly associated with wealth, merchants, bankers, and the gentry, while red ...
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