Norwich and Peterborough Building Society information
Yorkshire Building Society trading as Norwich & Peterborough Building Society
Company type
Building Society (Mutual)
Industry
Financial services
Founded
1860 (Incorporated 1896)
Headquarters
Bradford
Number of locations
1
Key people
John Heaps LLB, Chairman Susan Allen, Chief Executive
Products
Retail Banking, Savings and Investments, Mortgages, Surveying, General Insurance Broking and Share Dealing
Net income
£157 million GBP (December 2012)
Total assets
£33.5 billion GBP (December 2012)
Parent
Yorkshire Building Society
Website
www.nandp.co.uk
Norwich & Peterborough Building Society (N&P) is a trading name of Yorkshire Building Society based in Bradford, West Yorkshire. Formed by the merger of the Norwich and Peterborough building societies in 1986, at the time of merger with YBS, it was the ninth largest building society in the United Kingdom, with assets in excess of £4.9 billion.[1][2]
The Society had over 45 branch offices mainly located in East Anglia and the surrounding counties of Northamptonshire and Lincolnshire, but there was also a branch in Gibraltar (which opened in 1990 and closed in 2014) and High Holborn, London. The former Head Office was opened by Her Majesty Queen Elizabeth the Second in 1988, on a green field business park at Lynch Wood, Peterborough, where an important operational presence is retained by the Yorkshire. N&P employed over 800 staff, of whom roughly half were based at Lynch Wood.
In January 2017, parent YBS Group announced the proposed closure of 28 (later increased to 31) branches, all current accounts and the eventual withdrawal of the N&P brand.[3][4][5] Remaining N&P branches closed on Friday 6 July 2018 and re-opened on Monday 9 July as YBS branches.[6]
^Building Societies' Assets Archived 24 December 2012 at the Wayback Machine Building Societies Association, 1 April 2010
^Building Societies Database Archived 4 March 2009 at the Wayback Machine KPMG Financial Services, August 2008
^Peachey, Kevin Norwich and Peterborough brand to disappear BBC News, 25 January 2017
^Jones, Rupert Yorkshire building society to close 48 branches and ditch current accounts The Guardian, 25 January 2017
^Grinnell, Paul 225 jobs at risk as famous Norwich and Peterborough brand is set to be axed Peterborough Evening Telegraph, 25 January 2017
^Welcome to YBS Norwich and Peterborough Building Society (retrieved 29 July 2018)
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