Century Building Society

Century Building Society

Type	Building Society (Mutual)
Industry	Financial services
Fate	Merged with Scottish Building Society, 2013
Founded	1899
Headquarters	Albany Street, Edinburgh, Scotland, UK
Products	Savings and Mortgages
Net income	£94,000 GBP (December 2007), 0.0% on 2006
Total assets	£22.4 million GBP (December 2007), 11.3% on 2006
Website	century-building-society.co.uk

The Century Building Society was a building society based in Edinburgh, Scotland. The Century Building Society merged with its local rival Scottish Building Society on 1 February 2013.^[1]

Prior to its merger with the Scottish Building Society, the Century Building Society was the smallest building society in Scotland and the United Kingdom, based on total assets of £22 million at 31 December 2007.^[2] It had only one branch, at its head office in Albany Street, Edinburgh. It was a member of the Building Societies Association.

History

The society was established in 1899 as The New Edinburgh Investment Building Society. The name was changed to Century Building Society in 1946.^[3] It also owns Theoutlets to provide insurance and financial services.

References

1. Merger with Century Building Society
2. Building Societies Association - Asset List (PDF File)
3. Century Building Society History Century Building Society website, retrieved 7 April 2007

External links

• Century Building Society
• Building Societies Association
• KPMG Building Societies Database 2008