- YBS Group
- Our growth
Since our beginnings back in 1864 as Huddersfield Equitable Permanent Benefit Building Society, we’ve come a long, long way. And we don’t just measure our growth in assets. Stroll through our timeline below to see some of the moments we’re most proud of.
1800s - Hotel Lobbies and Coffee Taverns
1866 saw the establishment of The West Yorkshire Building Society at the Royal Hotel in Dewsbury – with only 2 employees. Twelve years later, in 1885, The Bradford Self Help Permanent Building Society came into being at St George’s Hall Coffee Tavern. Followed, in 1893, by the introduction of electric lights in both offices.
1900s - Introducing Yorkshire Building Society
In 1975, the Huddersfield and Bradford Building Societies merge – forming one of the largest building society marriages to date. And then, in 1982, the Huddersfield, Bradford and West Yorkshire Building Societies merge – and Yorkshire Building Society was born. By the end of the century, we’d merged with Haywards Health Building Society and established Yorkshire Guernsey Ltd, offering offshore investment facilities.
2000 - A time of growth
The first decade of the noughties saw us merge with Gainsborough Building Society, create Yorkshire Key Services (selling market leading IT systems to other financial institutions), launch Accord Mortgages (our intermediary-only mortgage lender) and merge with Barnsley Building Society. We also won awards for Best National Building Society, Best Lender and Best Mortgage Provider.
2010 - Welcoming the Chelsea
On April 1st 2010, we merged with Chelsea Building Society and comfortably established ourselves as the second largest building society in the UK – and the winner of the Best National Building Society award from What Mortgage.
2011 - Hitting the 3 million mark
We acquired Egg mortgage and savings book and the Egg brand in October 2011. This brought us more members, a £2.1 billion savings book and a £400 million mortgage book. In November of the same year, we merged with Norwich and Peterborough Building Society – increasing our members to 3 million and expanding our branch numbers to 228. And we gained a new CEO, Chris Pilling, along the way. There were more awards this year too – including one for Best Overall Mortgage Provider.
2012 - Continuing to expand
The Yorkshire opened four new branches as it continued to grow its high street presence. Our mortgages topped best-buy league tables and were recognised in a series of industry award wins, including Moneynet’s Best Overall Mortgage Provider prize, as well as the Best High-Street Savings Provider and Best Debit Card for Use Abroad awards.
2013 – Building on trust
The Yorkshire was named Most Trusted Financial Services Provider by Moneywise following a survey of more than 20,000 consumers, strengthening its reputation for putting customers first. Our share of the mortgage market continues to grow and we have launched the largest range of 5% deposit mortgages from any financial services provider. We’ve also opened three more branches as well as expanding our main office sites to include Broad Gate in Leeds.