Progressive Building Society

Summary

The Progressive Building Society is a building society in the UK. The Society was founded in 1914 in Belfast, and operates 12 branches across Northern Ireland.[1] It is a member of the Building Societies Association.[2] At December 2022, the Society had total assets of more than £1.9 billion.[3] In July 2014, it merged with the City of Derry Building Society.

Progressive Building Society
Company typeBuilding Society (mutual)
IndustryBanking and financial services
Founded1914; 110 years ago (1914)
HeadquartersBelfast, Northern Ireland, UK
Number of locations
12
Key people
  • Keith Jess (chairman)
  • Darina Armstrong (chief executive)
ProductsSavings, Mortgages, Investments
RevenueIncrease £28.6 million (2022)
Increase £9.2 million (2022)
Increase £7.9 million (2022)
Total assetsIncrease £1,900.2 million (2022)
Total equityIncrease £149.5 million (2022)
Number of employees
  • Steady 172 (2022)
  • 176 (2021)
Websitewww.theprogressive.com

References edit

  1. ^ Deighan, Emma (12 March 2020). "Progressive Building Society recognises the importance of talented people within". The Irish News. Retrieved 22 October 2022.
  2. ^ "Time to learn to economise during Savings Week with help from the Consumer Council". www.newsletter.co.uk. 23 September 2022. Retrieved 22 October 2022.
  3. ^ "Progressive Building Society Annual Report and Accounts 2022" (PDF). 18 February 2024. Archived (PDF) from the original on 3 April 2023. Retrieved 18 February 2024.

External links edit

  • Building Societies Association
  • KPMG Building Societies Database 2008