The UK-based
Leeds Building Society
Leeds Building Society is a building society based in Leeds, England. It serves approximately 719,000 customers across the United Kingdom, who together hold £9.9 billion in savings balances and is the fifth largest building society in the UK.
...
had a presence in
Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...
from 2006 until 2018. It offered mortgages up to 14 September 2009, with savings accounts available throughout the period. In 2017, it closed its savings operation to new customers. In July 2018, it gave notice to all savings customers that their accounts were to close in September.
In October 2018, it sold its Irish mortgage book to Dilosk
and these are now managed by Pepper Finance Corporation.
It is regulated by the UK
Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulation, financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The ...
and the
Prudential Regulation Authority. It is also a member of the UK
Financial Services Compensation Scheme
The Financial Services Compensation Scheme (FSCS) is the UK's statutory deposit insurance and investors compensation scheme for customers of authorised financial services firms. This means that FSCS can pay compensation if a firm is unable, or l ...
.
Leeds Building Society Ireland website
(Retrieved 4 November 2016)
In its last full year of operations, 2017, the society lost £1.2m on its Irish operations.
References
External links
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Leeds Building Society
Building societies of the Republic of Ireland
Financial services companies of the Republic of Ireland
Financial services companies established in 2006
2018 disestablishments in Ireland
Irish companies established in 2006
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