The City of Derry Building Society was a UK

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 Kingdo ...

based in

Derry Derry, officially Londonderry (), is the second-largest city in Northern Ireland and the fifth-largest city on the island of Ireland. The name ''Derry'' is an anglicisation of the Old Irish name (modern Irish: ) meaning 'oak grove'. The ...

County Londonderry County Londonderry ( Ulster-Scots: ''Coontie Lunnonderrie''), also known as County Derry ( ga, Contae Dhoire), is one of the six counties of Northern Ireland, one of the thirty two counties of Ireland and one of the nine counties of Ulster. B ...

, Northern Ireland, known until 2001 as the Londonderry Provident Building Society. It was a member of the

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 ...

. It was the smaller of just two building societies based in Northern Ireland, the other being Belfast's Progressive Building Society with which it merged on 1 July 2014. The society had only one office, its current Carlisle Road premises which it moved to in 1993. At that time, it was the smallest UK building society with only £5 million in assets, growing to just £12 million by 2000. In 1996, it became so popular due to coming near the top of savings rate league tables, that it temporarily refused new business from outside Northern Ireland. In 2006, the society was still restricting membership to local residents. The name change in 2001 was prompted in part by earlier vandalism of the society's sign due to the

Derry/Londonderry name dispute The names of the city and county of Derry or Londonderry in Northern Ireland are the subject of a naming dispute between Irish nationalists and unionists. Generally, although not always, nationalists favour using the name ''Derry'', and unio ...

; it was opposed by local unionist politician, Gregory Campbell. The society was one of 12 institutions that did not sign up at the launch of the 2001 revised banking code. City of Derry Building Society was the name of another local building society, that also traces its first registration back to 1876. That society (number 4BNI) merged with Nationwide Anglia Building Society by a transfer of engagements on 30 September 1987.

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External links

City of Derry Building Society

KPMG Building Societies Database 2008Former City of Derry Building Society (15 May 1876 – 30 Sep 1987)
at FSA Mutuals Public Register
Current City of Derry Building Society (28 Apr 1876–)
at FSA Mutuals Public Register {{Former UK Building Societies Former building societies of the United Kingdom Banks established in 1876 Organizations established in 1876 Banks disestablished in 2014 Economy of Derry (city) Organisations based in Derry (city) 1876 establishments in the United Kingdom 2014 disestablishments in Northern Ireland