On 18 March 2010 the Financial Services Authority (FSA) gave its confirmation to our proposed merger with Chelsea Building Society. The merger, which members of both societies voted overwhelmingly in favour of, will become effective on 1 April 2010.
Iain Cornish Chief Executive of Yorkshire Building Society said “I am delighted that the FSA has confirmed the merger between Yorkshire and Chelsea building societies.
“Merging the two societies will create a second major force in the building society sector that will be well placed to compete effectively as a secure alternative to the retail banks. As an enlarged Society we will maintain our focus on providing members with long-term value through excellent products and services, providing real choice to consumers across the UK”.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, loans, mortgages and more.
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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).
