Scottish Amicable Building Society
The Scottish Amicable Building Society was founded in 1892 and became Scotland's largest building society with coverage across the United Kingdom. It faced a run on its funds in 1958 and was rescued by the Co-operative Building Society. History The Society was founded in Edinburgh in 1892 as the Amicable Property Investment Building Society, later shortened to the Scottish Amicable Building Society. It remained of very modest size until after WWI – in 1922 there were only 416 members and assets totalled £86,000. The subsequent growth in the Society stemmed from the recruitment of William Allison in 1921 as manager. Allison had been a principal lecturer in business studies and joined as manager, becoming Managing director and Chairman. At the time of the Diamond Jubilee brochure in 1952 he was still Chairman and Managing Director (with his son as Deputy Managing Director). By that date the Society had around 53,000 members and assets had grown to £18m. The coverage across the U ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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