Building society merger complete

NORWICH & Peterborough Building Society, which has a branch in Louth, has completed its merger with Yorkshire Building Society.

The combined society, known as Yorkshire Building Society, will now have 224 branches, 89 agency offices, assets of approximately £33 billion, three and a half million members and will employ 3,850 staff.

The Yorkshire has given a commitment to retain all N&P’s existing branches for a minimum of two years.

The N&P name will be retained and operated as a separate and distinct brand.