Nationwide Building Society
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Portman Building Society. The Portman Building Society was a mutual building society in the United Kingdom, providing mortgages and savings accounts to consumers and offering loans to commercial enterprises. Its head office was in Bournemouth and its administration centre in Wolverhampton.
Portman's earliest component was the Provident Union Building Society founded in Ramsbury, Wiltshire in 1846. In the financial crisis of 2007–2008, the Nationwide acted to safeguard the mutual sector, acquiring the ailing Cheshire and Derbyshire building societies in September 2008, followed by the Dunfermline Building Society on 30 March 2009.
Sep 12, 2006 · Eligible members of the Portman building society will receive minimum payouts of £200m if the proposed takeover by Nationwide building society is approved. However, some members could receive ...
Portman Building Society has operated as a building society, headquartered in Bournemouth, England and operating administration unit in Wolverhampton. In August 2007, Portman was purchased by the Nationwide Building Society, establishing a mutual body with assets of more than £150 billion. Thus, Portman became a part of th largest building ...
Portman Building Society is a savings and loan association in the United Kingdom. The Company's products and services include financial planning services, mortgages, savings products, insurance ...
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Sep 12, 2006 · Nationwide, the UK’s biggest building society, on Tuesday agreed to take over rival Portman, the third largest, in a deal that will create the UK’s second largest mortgage lender after HBOS.
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Sep 12, 2006 · The merger, announced in 2006, created the UK's leading mutual organisation with £150 billion assets. Portman members received a £200 bonus and access to new products and services, while Nationwide members benefited from cost savings and financial planning.
