Company type | Building Society (Mutual) |
---|---|
Industry | Banking and financial services |
Founded | 31 December 1966 (current structure) |
Headquarters | Cheltenham, England |
Key people | Susan Allen, Chief Executive |
Products | Savings, Mortgages, Insurance |
£157 million GBP (December 2012) | |
Total assets | £33.5 billion GBP (December 2012) |
Parent | Yorkshire Building Society |
Website | www |
Chelsea Building Society is a trading name of Yorkshire Building Society based in Bradford, West Yorkshire. Chelsea merged with the Yorkshire in 2010, at which point Chelsea was the fourth largest building society in the United Kingdom, with assets in excess of £13 billion[1] and 35 branches,[2] mainly in the southern areas of England, particularly in London.
Chelsea now forms part of the Yorkshire Building Society Group, alongside Yorkshire Building Society and the Norwich and Peterborough Building Society. In January 2016, Yorkshire Building Society announced that seven of the Chelsea's branches would close, with the remainder rebranded as Yorkshire. This essentially means Chelsea is an online only brand and currently provides basic savings accounts and mortgage products.