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

Products and Services

Services
retail banking
Clients
UK residents only
Products
savings accounts
mortgage loans
insurance

Financials

Total Assets (2018)
1,787.92 mln GBP  (-0.39%)
Total Members (2018)
109,387  (-1.52%)

Progressive Building Society is the 82nd largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 1 787,92 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 44 building societies) having market share of 0.45% amongst the building societies of this category. In 2018 there were 109 387 members in Progressive Building Society.

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered 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.

Bank Identifiers

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

Bank History

Start Date
May 1914