BRITANNIA Building Society is to merge with the Co-op bank to create a “super-mutual” financial giant, it was announced today.
BRITANNIA Building Society is to merge with the Co-op bank to create a “super-mutual” financial giant, it was announced today.
Britannia was formed in the 1970s with a merger between a number of societies across the country, including the Ipswich-based Eastern Counties Building Society and it retains a large office in the town.
The move is seen as strengthening the mutual, non-shareholder, financial sector at a time of crisis.
For further information see today's Evening Star.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here