right Rights are law, legal, social, or ethics, ethical principles of freedom or Entitlement (fair division), entitlement; that is, rights are the fundamental normative rules about what is allowed of people or owed to people according to some legal sy ...

Universal Building Society was a UK

building society A building society is a financial institution owned by its members as a mutual organization, which offers banking institution, banking and related financial services, especially savings and mortgage loan, mortgage lending. They exist in the Unit ...

with headquarters in

Newcastle upon Tyne Newcastle upon Tyne, or simply Newcastle ( , Received Pronunciation, RP: ), is a City status in the United Kingdom, cathedral city and metropolitan borough in Tyne and Wear, England. It is England's northernmost metropolitan borough, located o ...

that operated between 1863 and 2006 . It was merged with the

Newcastle Building Society Newcastle Building Society is the eighth largest building society in the UK, with its headquarters in Newcastle upon Tyne, England. It is a member of the Building Societies Association. At December 2022, the Society had total assets of more tha ...

in 2006.

History and merger

The building society was established in

in 1863. In 2006, it merged with the

. At the time of the merger, the Universal was the 29th largest building society in the UK with assets of £600m.Universal Building Society announces decision to merge with Newcastle Building Society
Newcastle Building Society website (Retrieved 24 May 2006) It had nine branches and employed approximately 130 staff.

References

External links

Newcastle Building Society website
Banks established in 1863 1863 establishments in the United Kingdom {{UK-bsoc-stub