Birmingham Midshires is an online trading name of

Bank of Scotland The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial and clearing bank based in Scotland and is part of the Lloyds Banking Group, following the Bank of Scotland's implosion in 2008. The bank was established by th ...

plc (part of

Lloyds Banking Group Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Ban ...

). It is headquartered at

Pendeford Pendeford is a suburb of Wolverhampton, West Midlands, England. Historically part of Staffordshire, it is situated north-north-west of the city centre, within the Oxley ward of Wolverhampton City Council. At the 2011 Census, the population o ...

Business Park,

Wolverhampton Wolverhampton () is a city, metropolitan borough and administrative centre in the West Midlands, England. The population size has increased by 5.7%, from around 249,500 in 2011 to 263,700 in 2021. People from the city are called "Wulfrunians ...

. It previously had 67 branches throughout

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe ...

and

Wales Wales ( cy, Cymru ) is a country that is part of the United Kingdom. It is bordered by England to the east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in ...

. Previously, Birmingham Midshires was a

building society A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Ki ...

, known as the Birmingham Midshires Building Society.

History

The Birmingham Midshires was formed in 1986 by the merger of the Birmingham and Bridgwater and the Midshires Building Societies. These societies could trace their roots back to 1849 and were themselves formed by the mergers of the following societies: Liverpool Building Society, Wolverhampton and Mercia, Bristol Equitable Permanent Benefit, Swansea & Gower Permanent, and the Warrington Workingmens' Permanent. In 1999, the Birmingham Midshires Building Society agreed to a takeover bid from the

Royal Bank of Scotland The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster B ...

. However the deal collapsed when Halifax plc tabled a more lucrative offer. Halifax itself became a part of

HBOS plc HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Bank ...

when it merged with the

in 2001. In 2007, it became a division of Bank of Scotland plc following a reorganisation in the HBOS Group. On 15 September 2005 Birmingham Midshires announced it was planning to close 48 of its 67 branches, through a phased programme concluding in March 2006, and the conversion of the remaining outlets to the Halifax brand. Customers were given the option of banking at their nearest Halifax branch and the 470 full and part-time BM employees were offered an alternative role at the company or within the wider Halifax branch network. In 2008 HBOS plc was taken over by

Lloyds Bank Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the " Big Four" clearing banks. Lloyds Bank is the largest retail bank in Britain, and has an exte ...

and is now part of the newly formed

. Its main headquarters were rebranded as Lloyds following different sectors and work being moved to and from the site.

Products

Birmingham Midshires offers a range of specialist mortgage and savings products. When Birmingham Midshires became part of the Halifax in April 1999, it had savings balances of £5.9 billion and mortgage assets of £9.2 billion. BM savings balances have doubled since then to £12 billion; mortgage assets have more than trebled to over £32 billion. , Birmingham Midshires does not offer new products to new customers.

References

External links

*
Birmingham Midshires merger history chart
{{Former UK Building Societies Lloyds Banking Group Bank of Scotland Banks established in 1986 Banks of the United Kingdom Companies based in Wolverhampton 1986 establishments in England