Universal Building Society
UK building society
From Wikipedia, the free encyclopedia
Universal Building Society was a UK building society with headquarters in Newcastle upon Tyne that operated between 1863 and 2006. It was merged with the Newcastle Building Society in 2006.
| |
| Company type | Building Society (mutual) |
|---|---|
| Industry | Banking and Financial services |
| Founded | 1863 |
| Defunct | 2006 |
| Fate | Acquired by Newcastle Building Society |
| Headquarters | Newcastle upon Tyne, England, UK |
| Products | Savings and Mortgages |
History and merger
The building society was established in Newcastle upon Tyne in 1863. In 2004, it funded a sculpture which was established outside Seven Stories, the National Centre for Children's Books, in Newcastle.[1]
In 2006, it merged with the Newcastle Building Society.[2] At the time of the merger, the Universal was the 29th largest building society in the UK with assets of £600m.[3]
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