Suffolk Building Society
UK building society in Ipswich / From Wikipedia, the free encyclopedia
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The Suffolk Building Society is a UK building society based in Ipswich, Suffolk. It is a member of the Building Societies Association.
Quick Facts Formerly, Company type ...
Formerly | Ipswich Building Society |
---|---|
Company type | Building Society (Mutual) |
Industry | Banking Financial services |
Founded | October 1849 |
Headquarters | Ipswich, England, UK |
Number of locations | 9 |
Products | Savings, mortgages, investments, insurance |
Total assets | £655 million GBP (2022), 7% on 2021 |
Number of employees | c. 170 |
Website | www |
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The Ipswich & Suffolk Building Society originated in the Ipswich and Suffolk Freehold Land Society, founded in December 1849. The FLS bought up land they divided up into plots that were big enough to qualify for the 40 shilling franchise that gave people the right to vote. It registered as the Ipswich and Suffolk Permanent Benefit Building Society in February 1886 to provide mortgages for people buying land through the FLS.[1]