Leek United Building Society

Leek United Building Society
Company typeBuilding society (mutual)
IndustryBanking and financial services
Founded1 January 1863
HeadquartersLeek, Staffordshire, England, UK
Number of locations
12
Key people
Andy Deeks[1] (chief executive)
ProductsSavings, mortgages, investments,
loans, insurance
Total assets£1,313.9 million GBP (December 2023), 6.1% on 2022
Number of employees
182[2] (2023)
Websitewww.leekbs.co.uk

Leek United Building Society, trading as Leek Building Society, is an independent mutual building society based in Leek, Staffordshire, England. It is the 17th largest building society in the UK, based on total assets of £1,313.9m as at 31 December 2023.[3] It is a member of the Building Societies Association.

History

The society was established as the Leek United Permanent Benefit Building Society on 1 January 1863,[4] under the motto 'Firm and Lasting (as the pyramids)'.[5]

In 1999, Leek Building Society was the target of a hostile takeover bid by Murray Financial Corporation, an Edinburgh-based financial group, which tabled a £30.5 million bid for the society. The bid failed, however, when the society's members rejected the offer.[6][7]

References

  1. ^ "A new Chief Executive for Leek Building Society". Leek Building Society. 11 June 2024. Retrieved 1 August 2024.
  2. ^ "Annual Report and Accounts 2023" (PDF). Leek Building Society. 27 March 2024. p. 97. Retrieved 1 August 2024.
  3. ^ "Building Society assets". Building Societies Association. 28 June 2024. Retrieved 1 August 2024.
  4. ^ "When was my building society founded?". Building Societies Association. Retrieved 7 October 2025.
  5. ^ "Leek United celebrates 150 years". The Mortgage Gazette. 3 May 2013. Retrieved 7 October 2025.
  6. ^ "Murray wins support in Leek United Building Society bid". Money Marketing. 17 September 1999. Retrieved 7 October 2025.
  7. ^ "Leek board rejects £30m Murray bid". The Guardian. 7 September 1999. Retrieved 7 October 2025.