Lambeth Building Society

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Lambeth Building Society
FoundedFebruary 1852 (1852-02)
Defunct2006
TypeBuilding Society (mutual)
HeadquartersSouth London, UK

The Lambeth Building Society was a UK building society. It was founded in February 1852 as The Number Three Borough of Lambeth Permanent Benefit Building Society. [1]

It merged with the Portman Building Society in 2006. [2] At the time of the merger, the Lambeth was the 20th largest building society in the UK, with assets of £1 billion. [3] It was based in the south of London, with 9 branches and approximately 130 employees.

Following Portman's merger with Nationwide Building Society, branches now bear the Nationwide name. [4]

References

  1. ↑ London Se1 Community Website
  2. ↑ Building Society Mergers and Conversions since 1980 Archived 2011-07-24 at the Wayback Machine Building Societies Association website (Retrieved 5 April 2007)
  3. ↑ Lambeth Building Society announces decision to merge with Portman London SE1 Community Website (Retrieved 27 May 2008)
  4. ↑ "Nationwide and Portman building societies to merge". The Independent. 12 September 2006. Retrieved 29 May 2020.


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