The story
The society was registered as the Leeds and Holbeck (Permanent) Building Society in 1875, though the society originated from a group called the Leeds Union Operative Land and Building Society which formed in 1845.
On 1 August 2006, following approval by the Mercantile members and confirmation by the Financial Services Authority (FSA), Leeds Building Society merged with Mercantile Building Society, in North Shields, an area of North Tyneside, in Tyne and Wear.
Presence in Ireland
The society had a presence in Ireland from 2006 until 2018. It offered mortgages up to 14 September 2009, with savings accounts available throughout the period. In 2017, it closed its savings operation to new customers. In July 2018, it gave notice to all savings customers that their accounts were to close in September. In October 2018, it sold its Irish mortgage book to Dilosk and these are now managed by Pepper Finance Corporation.
It is regulated by the UK Financial Conduct Authority and the Prudential Regulation Authority. It is also a member of the UK Financial Services Compensation Scheme.
In its last full year of operations, 2017, the society lost £1.2m on its Irish operations.
From Wikipedia’s article on Leeds Building Society, shared under CC BY-SA 4.0.4