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Our History

Colleagues listening to a speaker

From one small room to a nationwide mutual. The story behind Yorkshire Building Society...

It all began in 1864, when a dentist, a shoemaker and a plumber set up the Huddersfield Equitable Permanent Benefit Building Society. Their aim was simple - to help people buy their own homes. Meeting early each morning, they ran everything from a single room. By the end of their first year, they had six borrowers and assets worth just over £4,000. That’s more than £600,000 in today’s money!

In the decades that followed, other local building societies appeared, including West Yorkshire in 1866 and Bradford Self Help in 1885. Eventually, these three came together to form the Yorkshire Building Society in 1982.

From there, we continued to grow, through mergers and new services. By 2001, we were the UK’s third largest mutual with over £11 billion in assets. And by 2024, we had more than 3 million members and nearly £65.5 billion in assets.

Today, we’re still proudly mutual, owned by our members rather than shareholders. Our purpose remains the same. We’re here to provide Real Help with Real Life, supporting more people to find a place to call home and build financial resilience. It’s been an incredible journey so far, and the best is yet to come.

Read more about our history at our corporate site
Yorkshire Building Society branch building

Key dates in our journey

Here are just some of the moments that have shaped us...

1864

Huddersfield Equitable Permanent Benefit Building Society is founded by a dentist, a shoemaker and a plumber.

1866

West Yorkshire Building Society is set up at the Royal Hotel in Dewsbury.

1871

The Society invests in its first 'luxury' office items - an umbrella and a rug.


Woman and young child gardening

1885

Bradford Self Help Permanent Building Society is formed in a local coffee tavern.

1885–1889

Bradford opens for just 90 minutes a week in its early years.

1893

Electric lighting is installed in the Society’s office.


Man riding a bike along the riverside

1915

The first women join the Society as employees.

1923

West Yorkshire’s staff numbers double from two to four.

1930

Bradford’s new offices open, featuring rubber floors and ultraviolet glass.


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1975

Huddersfield and Bradford come together in the largest society merger of the time.

1982

Huddersfield & Bradford and West Yorkshire societies unite to form Yorkshire Building Society.

1992

Yorkshire Building Society merges with Haywards Heath Building Society.

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1998

The Yorkshire Building Society Charitable Foundation is launched.

2001

We become the UK’s third-largest mutual with assets over £11 billion.

2003

Accord Mortgages, our intermediary-only lending subsidiary, is launched.

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2008

We merge with Barnsley Building Society.

2010

Chelsea Building Society joins the group, increasing our branch network to 178.

2011

We acquire Egg’s mortgage and savings book, and merge with Norwich & Peterborough Building Society.


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2012

Assets grow to £33 billion with 3.5 million members.

2014

We celebrate our 150th anniversary!

2014

We launch My Voice, an online community where members share feedback on what matters most.

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2015

667 colleagues and Marie Curie nurses break the world record for the largest cream tea party across multiple venues.

2016

Money Minds, our financial education programme for 5–19-year-olds, is introduced.

The Barnsley brand is retired, and Chelsea becomes a digital-only brand.

2017

Norwich & Peterborough is retired, making Yorkshire Building Society our sole high street brand.

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2017

The Charitable Foundation reaches £4 million in donations, thanks to contributions from generous members.

2018

We sign the Women in Finance Charter, committing to greater gender diversity.

2019

Career Minds, a volunteering scheme helping young people prepare for work, is launched.

2020

We launch our new savings app.

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Colleagues huddled around a small screen

Our awards and accreditations: