As well as offering mortgages, Yorkshire Bank also provides credit cards and personal loans. They were the winner of the 2014 Moneyfacts Award for being the best personal loan provider.
Yorkshire Bank is a major commercial bank that has branches in England and Wales, although most of its branches are in the north of England. Its headquarters are in Leeds, West Yorkshire.
The Yorkshire is currently operated as a division of the Clydesdale Bank, which in turn makes it part of the globally active National Australia Bank. They offer their customers a full range of borrowing and saving facilities, as well as providing diverse insurance products.
There are distinguished roots in the history of Yorkshire Bank. It was founded in 1859 by Colonel Edward Akroyd, of Halifax, also in West Yorkshire. Akroyd was a mill owner and politician who was famed for his kindness and concern for the poor. The bank based itself in Leeds and was initially called the West Riding Penny Savings Bank.
Within 2 years of opening, the bank had 128 branches, some of which were in schools as they strove to teach young people about financial management. To celebrate its centenary the bank changed to its current name in 1959.
They were pioneers of free banking, establishing this concept in the 1970s. The bank was acquired by National Australia Bank in 1990, although it continues to operate independently.
Customers of the Yorkshire Bank have access to a wide range of financial products. They offer mortgages to both existing customers of their bank, and new applicants. These include offset mortgages, fixed rate mortgages, and discounted SVR mortgages, as well as offering mortgages for buy to let purposes.
They also offer credit cards and personal loans, and were the winner of the 2014 Moneyfacts Award for being the best personal loan provider.
Customers of the Yorkshire can take advantage of a pre-paid card that gives them control over, and easy access to, their finances without having to worry about running up debts.