Nottingham Building Society
Encyclopedia
Nottingham Building Society is a building society
founded in 1849 by a group led by Samuel Fox (1781-1868), a Quaker and prominent local grocer.
The purpose of the society was to promote the construction of a better class of dwellings, suitable for the working and middle classes, as well as provide a safe and profitable place for small savings.
The Nottingham Building Society was one of the first financial institutions to introduce online banking
in 1983, with its Homelink
service on Prestel
. It is a member of the Building Societies Association
.
on Parliament Street, Beeston
, Bulwell
, Mapperley
, Sherwood
on Mansfield Road
, and Wollaton
. It has many of its branches in the county of Nottinghamshire
and others in Lincolnshire
, Derbyshire
and Sheffield
.
Building society
A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially mortgage lending. These institutions are found in the United Kingdom and several other countries.The term "building society"...
founded in 1849 by a group led by Samuel Fox (1781-1868), a Quaker and prominent local grocer.
The purpose of the society was to promote the construction of a better class of dwellings, suitable for the working and middle classes, as well as provide a safe and profitable place for small savings.
The Nottingham Building Society was one of the first financial institutions to introduce online banking
Online banking
Online banking allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank, credit union or building society.-Features:...
in 1983, with its Homelink
Homelink
Homelink was the UK's first online banking system. It was set up by the Nottingham Building Society in 1983 in association with the Bank of Scotland, using the UK Post Office's Prestel Viewdata system....
service on Prestel
Prestel
Prestel , the brand name for the UK Post Office's Viewdata technology, was an interactive videotex system developed during the late 1970s and commercially launched in 1979...
. It is a member of the Building Societies Association
Building Societies Association
The Building Societies Association is the trade organisation of the building societies in the United Kingdom. In 2011 the 48 building societies in the UK had total assets of over £317 billion. 15 million adults have building society saving accounts and over 2.9 million adults are currently buying...
.
Branches
The company has several branches across Nottingham including in the city centreNottingham City Centre
Nottingham city centre is the cultural, commercial, financial and historical heart of Nottingham, England. Nottingham's city centre represents the central area of the Greater Nottingham conurbation....
on Parliament Street, Beeston
Beeston, Nottinghamshire
Beeston is a town in Nottinghamshire, England. It is southwest of Nottingham city centre. Although typically regarded as a suburb of the City of Nottingham, and officially designated as part of the Nottingham Urban Area, for local government purposes it is in the borough of Broxtowe, lying outside...
, Bulwell
Bulwell
Bulwell is an English market town approximately northwest of Nottingham city centre, on the northern edge of the city. The United Kingdom Census 2001 showed there were almost 30,000 people living in the Bulwell area, accounting for over 10% of the population of the city of Nottingham.-Early...
, Mapperley
Mapperley
Mapperley is a residential and commercial area of north-eastern Nottingham, England. The area is bounded by Sherwood to the north-west, Thorneywood to the south and Gedling to the east.-History:...
, Sherwood
Sherwood, Nottingham
Sherwood is a largely residential area in the north east of Nottingham, England. It is approximately 1.5 miles North of Nottingham City Centre...
on Mansfield Road
A60 road
The A60 is a road linking Loughborough in Leicestershire, England, with Doncaster in South Yorkshire, via Nottingham.It takes the following route:*Loughborough**Rempstone**Costock**Bunny**Ruddington*West Bridgford*Nottingham**Sherwood**Arnold...
, and Wollaton
Wollaton
Wollaton is an area in the western part of Nottingham, England. It is home to Wollaton Hall with its museum, deer park, lake, walks and golf course...
. It has many of its branches in the county of Nottinghamshire
Nottinghamshire
Nottinghamshire is a county in the East Midlands of England, bordering South Yorkshire to the north-west, Lincolnshire to the east, Leicestershire to the south, and Derbyshire to the west...
and others in Lincolnshire
Lincolnshire
Lincolnshire is a county in the east of England. It borders Norfolk to the south east, Cambridgeshire to the south, Rutland to the south west, Leicestershire and Nottinghamshire to the west, South Yorkshire to the north west, and the East Riding of Yorkshire to the north. It also borders...
, Derbyshire
Derbyshire
Derbyshire is a county in the East Midlands of England. A substantial portion of the Peak District National Park lies within Derbyshire. The northern part of Derbyshire overlaps with the Pennines, a famous chain of hills and mountains. The county contains within its boundary of approx...
and Sheffield
Sheffield
Sheffield is a city and metropolitan borough of South Yorkshire, England. Its name derives from the River Sheaf, which runs through the city. Historically a part of the West Riding of Yorkshire, and with some of its southern suburbs annexed from Derbyshire, the city has grown from its largely...
.