Founded in 1876, Principality Building Society provides a wide range of mortgage and savings products at competitive rates to its customers (residents of the United Kingdom only). Savings accounts made with Principality Building Society are covered by British deposit guarantee scheme.
Principality Building Society is the 41st largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 9 262,60 mln GBP, providing the bank with the market share of 0.10%. Principality Building Society is the 6th largest building society in the United Kingdom (out of 44 building societies) having market share of 2.33% amongst the building societies of this category. In 2018 there were 538 961 members in Principality Building Society.
Principality Building Society is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa2 (lower medium grade).
Principality Building Society participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Principality Building Society is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Principality Building Society is headquartered in Cardiff.