Progressive Building Society

Business Focus

housing financing

Founded in 1914, Progressive 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 Progressive Building Society are covered by British deposit guarantee scheme.

Bank Category

Building societies

Services

retail banking

Clients

natural persons
companies

Area Served

GBUnited Kingdom

Products

savings accounts
mortgage loans
insurance

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
FasterPayments

See Also

Financials

Total Assets of Progressive Building Society
Market Share of Progressive Building Society
Total Assets (2019)
1,839.09 mln GBP  (+2.86%)
Total Members (2019)
92,363  (-15.56%)

Progressive Building Society is the 83rd largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 1 839,09 mln GBP, providing the bank with the market share of 0.02%. Progressive Building Society is the 12th largest building society in the United Kingdom (out of 43 building societies) having market share of 0.44% amongst the building societies of this category. In 2019 there were 92 363 members in Progressive Building Society.

Deposit Guarantee

Guarantee Fund
Financial Services Compensation Scheme (FSCS)Financial Services Compensation Scheme (FSCS)
Protected Amount
up to 85,000 GBP
Eligible Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Progressive 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. Progressive Building Society is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

Progressive House 33-37 Wellington Place, BT1 6HH, Belfast, United Kingdom
44 02890244926
44 02890330431

Progressive Building Society is headquartered in Belfast.

Social Networks

Progressive Building Society has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
PROGGB2BXXX
LEI
54930035LV8RHKWLK185
Company Number
11B(NI)
MFI ID
GB2095

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
161841

Progressive Building Society is authorized and supervised by the Financial Conduct Authority (reference number 161841).

Bank History

Start Date
May 1914