41-677: 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. The Society had over 45 branch offices mainly located in East Anglia and
82-870: A current account for charitable giving. The account allows account holders to donate to legitimate charities through a personal account, by phone, post, or online, and can be opened with a minimum of £10. Donations are eligible for tax relief under the UK’s Gift Aid rules. Through the CAF Charitable Trust, CAF provides major donors with advice for their giving plans across the UK and internationally. CAF offers Donor Advised Fund services and legacy services for gifts from wills. In 2020-21, donations and legacies into charitable trusts increased by 26% to £222.9m. Financial journalist Martin Lewis works with CAF to manage
123-637: A fully regulated bank that serves more than 14,000 UK-based charities and social enterprises. CAF claims to be known for its independence, expertise, and international reach, leading an international network of like-minded charitable organisations. CAF Group consists of Charities Aid Foundation and its subsidiaries in the UK including CAF Bank; CAF America; the CAF American Donor Fund and CAF Canada. CAF Group collectively seeks to inspire innovation, share best practice, and improve cross-border giving in support of civil society. CAF’s head office
164-529: A number of takeover approaches and was keeping its options open. The Society had sold Keydata Investment Services products to some 3,100 customers via its independent financial advisers between November 2005 and June 2009, when the firm was put into administration by the FSA. In July 2009, the Serious Fraud Office commenced an investigation into Keydata Investment Services Ltd. following a referral by
205-604: A range of services to charities, philanthropists and businesses, CAF also produces leading research into charitable giving. CAF produces the World Giving Index as well as the UK Giving report – the largest multi-year study of giving behaviour in the UK. In 1924, the National Council of Social Service set up a Charities Department to encourage efficient giving to charity. This department was later renamed
246-616: A wholly-owned subsidiary of CAF that provides banking services to charities and social purpose organisations. The Bank offers transactional current and deposit accounts via telephone and internet banking, and provides lending to customers. In 2021, CAF Bank won Charities’ Bank of the Year at the Charity Times Awards. CAF Bank Limited is authorised by the Prudential Regulation Authority and regulated by
287-520: A wide range of financial services and advice to its 470,000 customers. Cheques and bank giro credits were cleared through HSBC Bank Plc (until 2015, The Co-operative Bank Plc) and a MasterCard branded credit card was issued on behalf of the Society by MBNA Europe Bank Ltd. Share dealing services were offered to members by Jarvis Investment Management Ltd. As a result of having diversified into areas not traditionally associated with building societies,
328-558: Is frequently cited by media, including The Guardian and the i . CAF introduced the Giving Tuesday initiative in the UK in 2013 and led the campaign until 2021. The global day of giving - a global philanthropic initiative - raised a record-breaking US$ 3 billion in 2021. CAF is a member of the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. CAF Bank
369-486: Is located in Kent, southeast of London and the charity has a second UK office in central London at St Bride Street, EC4A 4AD. In addition to offices in the UK, America, and Canada, CAF leads an international network of independent philanthropic organisations in several other countries. They include CAF Southern Africa, Good2Give (Australia and New Zealand), BCause (Bulgaria), IDIS (Brazil), and CAF India. As well as offering
410-495: Is to “accelerate progress in society towards a fair and sustainable future for all.” In late 2021, CAF was listed by the UK Charity Commission as the country’s fourth largest charity by income. It serves as regulatory experts to ensure funds reach charities and social enterprises as quickly and safely as possible via its charity validation which enables effective cross-border giving. CAF also wholly owns CAF Bank,
451-464: The Lending Code . From 2001, its ATMs were operated by Moneybox Corporation. Yorkshire Building Society also operates under the trading names of Chelsea Building Society (since 2010, including the engagements of the former Catholic Building Society ) and Egg (since 2011). The Yorkshire is a participant of the Financial Services Compensation Scheme ; therefore, deposits with any of N&P,
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#1732771815191492-585: The Barnsley being a larger organisation with a well-established brand, the Yorkshire initially decided to keep the Barnsley brand in order to keep existing customers and use it as another route to market their products. In 2009, the Yorkshire noted that they were in advanced merger talks with Chelsea Building Society . The following day it was announced that they were to merge. The merger with Chelsea Building Society, which retained its own branding until 2016,
533-529: The Board entered into exclusive discussions with Yorkshire Building Society on 19 March 2011. On 22 March, the Society announced it would repay investor losses arising from the collapse of Keydata. Mr. Bullock stepped down on 31 March; Anne Gunther, former chief executive of Standard Life Bank , was appointed to the role on 20 April and the merger agreed following due diligence. On the Board's "strong recommendation", shareholding and borrowing members voted in favour of
574-588: The Charities Aid Fund while the National Council of Social Service became the National Council for Voluntary Organisations (NCVO). The Charities Aid Foundation took its current name in 1974 when it became a fully independent organisation. CAF provides services to charities, businesses and individuals in the UK and abroad, including help with fundraising, consultancy , and loans and grants . CAF offers banking services through CAF Bank,
615-740: The FSA. Shortly afterwards, in November 2009, the Society announced the closure of 10 branches largely outside its "regional heartland" effective March 2010 and in January 2011, chief executive, Matthew Bullock , announced his retirement once a successor could be found. In light of tougher regulation, Aviva Life Services UK Ltd. (formerly Norwich Union) was reappointed to provide financial advice to members. Following expressions of interest by US equity firm JC Flowers (see Kent Reliance ), Sir Richard Branson 's Virgin Money and Coventry Building Society ,
656-518: The Financial Conduct Authority and the Prudential Regulation Authority. CAF also owns and operates CAF Donate, an online donation processing platform giving charities the tools to fundraise through the web, mobile devices and Facebook and process donations received by post and phone. CAF works with the majority of FTSE100 to enable their corporate giving. Give As You Earn (GAYE) is the most popular payroll giving scheme in
697-687: The Society opened its membership to the general public in 1924, moving to new premises in Priestgate. In 1962, its name was changed to the Peterborough Building Society and, soon after, the Head Office moved to a refurbished building in Market Place (later renamed Cathedral Square). The first branch office was opened at March, Cambridgeshire in 1961. The Society absorbed King's Lynn Building Society in 1967, which
738-572: The Society paid a bonus of up to 1.25% to the club, calculated on the average total balance held in all of their supporters' accounts. There were eventually 27 clubs participating online. The Society only offered mortgage facilities for properties in England , Wales , Gibraltar or situated in defined geographical areas of the Costa del Sol and the Costa Blanca , Spain . In 2007, it became one of
779-591: The Society's income was not solely dependent on mortgages. Norwich & Peterborough also operated via a telephone call centre based in Peterborough and through a fully transactional website. The Society had three established affinity accounts with Norwich City FC , Peterborough United FC and Lincoln City FC . In 2006, it was endorsed by the Football League as its preferred provider of affinity accounts to Championship and lower league clubs. Each year
820-415: The UK, with over £1.3bn given since 1987. CAF Company Accounts enable companies to give tax effectively and to donate safely to any charitable organisation around the world. CAF also advises on setting up corporate foundations. CAF gives advice on philanthropy and partners with wealth advisers to meet the charitable needs of their clients. CAF operates a Charity Account scheme, a system which acts like
861-446: The World Giving Index since 2010. CAF’s research team has produced an annual report into giving behaviour in the UK – the largest study of its kind – since 2004. The UK Giving report is based on data sourced monthly through YouGov and highlights key trends that assist charities, policymakers, and wider society to better understand the UK’s changing giving landscape. CAF’s UK Giving report
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#1732771815191902-695: The Yorkshire and any Egg loans products that were not sold to Britannica Recoveries S.a.r.l. In 1993, the former Hammonds Sauce Works Band was renamed as the Yorkshire Building Society Band. The building society supported the main band and also the YBS Hawley Band and YBS Juniors. The building society ceased its sponsorship in December 2004 although the YBS initials were retained in the band's name until 2008. From January 2009,
943-494: The Yorkshire, Chelsea and Egg were treated as linked for the purposes the scheme. The Norwich and Peterborough Group included the following trading companies, which were wholly owned by the parent Society: Hockleys Professional Limited, trading as Hockleys Surveyors, was acquired by estate agents Connells Residential Ltd. in 2007. The business and undertakings of Norwich and Peterborough Estate Agents Ltd., based in Gibraltar,
984-623: The band was renamed the Hammonds Saltaire Band . Charities Aid Foundation The Charities Aid Foundation (CAF) is a registered UK charity that operates in the United Kingdom, the United States of America and Canada. It works with companies, private philanthropists, regular donors, fellow foundations, governments, charities and not-for-profit enterprises to enable them to give more. Its stated purpose
1025-484: The benefit of all members without the disruption caused by speculative activity , new customers opening savings accounts providing membership of the Society were required to enter into an agreement to assign to the Charities Aid Foundation any windfall benefits to which they may have become entitled in the future as an investing member. In December 2010, it was reported that the Society had received
1066-720: The first building societies to achieve the CarbonNeutral quality mark. Yorkshire Building Society (trading as Norwich & Peterborough) is authorised and regulated by the Financial Services Authority . It is a member of the Building Societies Association and the LINK Interchange Network. As a current account provider, N&P was also affiliated to Bankers' Automated Clearing Services and subscribed to
1107-785: The major mutual building societies in Britain – a review in 1995 confirmed that their mutual status was important to them, so that they remain answerable to their members, rather than outside shareholders. In 1864, the Huddersfield Equitable Permanent Benefit Building Society was founded in Huddersfield , and expansion through a series of agreed mergers , predominantly with the Bradford Permanent Building Society in 1975, has seen it evolve into
1148-554: The national building society that it is today. The current name came into use in 1982, following the merger of the Huddersfield & Bradford Building Society and the West Yorkshire Building Society . Yorkshire Building Society also has a mortgage subsidiary company, Accord. In August 2011 it announced that it was closing its offshore subsidiary, Yorkshire Guernsey. High Point on Westgate in Bradford
1189-408: The proposal at an Extraordinary General Meeting held in Peterborough on 22 August. FSA approval followed on 23 September and the transfer of engagements was completed on 1 November, ending 160 years of independent trading. The Society's principal purpose was the making of loans which were secured on residential property and funded substantially by its members. However, for its size, the Society offered
1230-458: The proposed closure of 28 (later increased to 31) branches, all current accounts and the eventual withdrawal of the N&;P brand. Remaining N&P branches closed on Friday 6 July 2018 and re-opened on Monday 9 July as YBS branches. The Norwich Building Society was founded in 1852 under the imposing title of Norwich and District Provident Permanent Benefit Building and Freehold Land Society. This
1271-517: The savings business of Egg , which are referred to as the Yorkshire Building Society Group. Collectively the group employs 3,300 staff throughout the UK and serves 3 million members. The society currently provides financial services both directly and through a 132-strong branch network and 99 associated agencies across the UK. Despite changes in the industry in recent years, Yorkshire Building Society remains one of
Norwich and Peterborough Building Society - Misplaced Pages Continue
1312-621: 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 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
1353-584: The transfer of engagements was completed on 1 November. With almost no geographical overlap, the N&P name was retained as a separate and distinct brand. On 25 July 2011, the Yorkshire announced it was buying the Egg savings and mortgage business from Citi in a deal worth £2.5 billion. Use of the Egg trade marks by Yorkshire Building Society is currently under licence from Egg Banking Plc which provides any residual Egg savings products that were not transferred to
1394-524: The £10 million he pledged to charity following the sale of MoneySavingExpert.com . The CAF American Donor Fund (CADF) offers tax-effective philanthropy services for dual UK and US taxpayers. Working with pollster Gallup , CAF releases an annual global report of generosity, entitled the World Giving Index , that ranks most countries in the world across three measures: helping a stranger, donating money, and volunteering. CAF has been producing
1435-622: Was based in the offices of the estate agents Geoffrey Collins & Co. at Blackfriars Street. Further mergers followed with Stamford Building Society in 1980 and Argyle Building Society in 1985. Norwich and Peterborough Building Society was formed by the merger of the two societies in 1986. At that time the Peterborough's assets were £280m and the Norwich's were £176m. An entirely separate City of Peterborough and District Permanent Building Society transferred engagements to Northampton Town and County Building Society in 1959. Anglia Building Society
1476-795: Was built as the headquarters of Yorkshire Building Society in the 1970s. The Yorkshire took over the Sussex-based Haywards Heath Building Society in 1992, in an effort to develop a southern based branch presence. In 2001, the Society merged with the Gainsborough Building Society. In 2008, the Yorkshire merged with the Barnsley Building Society which had become a victim of the Icelandic banking crisis . After learning lessons from previous mergers, and with
1517-410: Was completed in 2010. Chelsea branded products and services are now available online and by telephone only. The ninth largest building society at the time, Norwich and Peterborough , entered into merger discussions with the Society on 19 March 2011. Following due diligence by the Yorkshire board, N&P members voted in favour of the proposal on 22 August. FSA approval followed on 23 September and
1558-605: Was divested in 2010. Yorkshire Building Society Yorkshire Building Society is the third largest building society in the UK , with its headquarters in Bradford , West Yorkshire , England . It is a member of the Building Societies Association . At December 2023, the Society had total assets of more than £60 billion. The society also owns the Chelsea Building Society and Norwich and Peterborough Building Society , as well as Accord Mortgages and
1599-566: Was established by railway workers at the Corn Exchange, Peterborough and, in 1896, it registered under the Building Societies Act 1874 ( 37 & 38 Vict. c. 42). The fast growth of the railways had not only created large numbers of workers, it had also led to a shortage of housing in the Peterborough area. The new Society enabled its members to build their own homes in the city. Although originally limited to railwaymen,
1640-448: Was formed by amalgamation of this Society with Leicestershire Building Society in 1966 and subsequently merged with Nationwide Building Society in 1987. The Society conducted regular dialogues through members’ meetings and other events. It was clear from these that members had a high level of trust in the Society and wished it to continue as a mutual; a stance confirmed by the Board. In order to help maintain normal business activities for
1681-696: Was unconnected with the mutual Norwich Union Society for the Insurance of Houses, Stock and Merchandise from Fire, which had been founded in 1797. After the Second World War , in 1947, the Norwich Benefit Building Society incorporated, ceasing to act in the name of its trustees, and the name was simplified. The Society absorbed Thetford , Norfolk and Suffolk Mutual Benefit Building Society in 1961. Shortly after, in 1860, Peterborough Provincial Benefit Building Society