Tag: Barnsley Building Society

Shepshed Building Society joins with The Nottingham

Shepshed Building Society joins with The Nottingham

The Nottingham and Shepshed building societies will merge in July 2013, with Shepshed’s three branches being rebranded under The Nottingham name. Shepshed Building Society, which has branches in Shepshed and Loughborough, Leicestershire; and Ruddington, Nottinghamshire, has struggled to grow in the face of economic downturn and increased competition, prompting it to seek a merger. It […]

December 13, 2012 More
Barnsley launches 5.4% e-bond

Barnsley launches 5.4% e-bond

Barnsley Building Society has launched a range of new Online Bonds paying interest at a fixed rate of up to 5.4%. The three, four, and five year bonds pay a gross/AER rate of 5%, 5.15%, and 5.4% respectively. Minimum balance to open the bonds is £100, and maximum is £500,000. Sarah Lawrence, Barnsley’s senior product […]

Barnsley pays 5.1% on 5-year online bond

Barnsley pays 5.1% on 5-year online bond

Savers looking to lock their money away in exchange for higher interest rates are being urged to consider a new online bond from Barnsley Building Society. The UK’s third largest building society this week launched the five-year fixed-rate online bond paying interest at 5.1% gross (4.08% net). Customers can only open the account online, depositing […]

Yorkshire Building Society merges with Barnsley Building Society

Yorkshire Building Society merges with Barnsley Building Society

Barnsley Building Society has been forced to merge with the Yorkshire Building Society after it revealed its high exposure to collapsed Iceland banks. Barnsley said the deal will safeguard it against the possible loss of up to £10 million deposited with banks in Iceland. In a joint statement, the two societies said the proposal follows […]