Derbyshire Building Society, previously known as The Derbyshire currently has 50 branches and a broad spectrum of financial products and services for its members.
Derbyshire Building Society, previously known as The Derbyshire, has roots that go back to 1966. At this point, the Ashbourne Permanent Benefit Building Society merged with the Somercotes Building Society. From these small roots, the Derbyshire grew, and in 2001 they also completed the acquisition of the Ilkeston Building Society.
By December 2007, it had grown to become the ninth largest building society in the United Kingdom. In December 2008, it was acquired by the Nationwide Building Society, and currently operates as a trading division of the Nationwide.
The building society currently has 50 branches, bearing their familiar logo of the Peak District millstone, a nod to their heritage. As of the 23rd November 2014, Derbyshire Building Society has been fully incorporated into the Nationwide Building Society. This allows their customers to use the full range of products and services that are currently only available to Nationwide customers.
Whilst being part of a larger organisation they still resolve to be true to their mutual principles, and to keep the seven promises that their service is based upon it. At its heart is the fact that because they have no shareholders, decisions will be made purely for the benefit of their customers.
Derbyshire Building Society, as it currently is, offers a broad spectrum of financial products and services to its members. These include savings options, such as ISAs, traditional saving accounts, and affinity and fixed rate bonds. They also offer lending opportunities. These include mortgages for new and existing customers.
Loans are currently offered only through the channel of the Nationwide Building Society. Their customers also have access to financial planning managers. These licensed advisers can provide investment help, as well as giving information on planning for the future, and legacies. Online investments made through this scheme are provided through Legal & General.