Skipton Building Society

Business Focus
housing financing

Founded in 1903, Skipton 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 Skipton 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)
21,023.60 mln GBP  (+10.54%)
Total Members (2018)
919,060  (+6.82%)

Skipton Building Society is the 27th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 21 023,60 mln GBP, providing the bank with the market share of 0.24%. Skipton Building Society is the 4th largest building society in the United Kingdom (out of 44 building societies) having market share of 5.29% amongst the building societies of this category. In 2018 there were 919 060 members in Skipton Building Society.

Credit Ratings

Fitch: BBB+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Skipton 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 Baa1 (lower medium grade).

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

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

Contacts

The Bailey, Skipton, DB23 1DN, North Yorkshire, United Kingdom
44 01756705000
44 01756705700

Skipton Building Society is headquartered in North Yorkshire.

Bank Identifiers

LEI
66AGRETLUXS4YO5MUH35
Company Number
518B
MFI ID
GB2355

Bank History

Start Date
July 1903