Top 10 Building Societies in the UK in 2021 by Total Assets

Nationwide Building Society, Coventry Building Society, Yorkshire Building Society, Skipton Building Society, and Leeds Building Society are the top 5 UK-based Building Societies in 2021 by Total Assets. Collectively, the top 10 UK-based Building Societies had assets of $523,842 million where the Nationwide Building Society had the highest ($350,643 million), followed by Coventry Building Society ($70,838 million), Yorkshire Building Society ($65,888 million), and Skipton Building Society ($38,877 million), while Cumberland Building Society stood lowest ($3,717million), In aggregate, they had assets of $593,447 million. The top 10 building societies hey employed a total of 29,639 people in 2021. UK-based Nationwide Building Society is the leading building society in the UK in 2021 by assets. The company reported assets of $350,643 million for the fiscal year ended December 2021 (FY2021) and reported revenues of $6,240.72 million. It is a provider of a range of consumer banking and residential and commercial mortgage solutions to about 16.3 million customers in the UK. Nationwide segregates its business into three categories: Residential Mortgages, Commercial and Other Lending, and Consumer Banking. It also offers internet banking, mobile banking, and online banking services. The group’s treasury activities include derivatives, liquidity, and discretionary portfolios. Nationwide Building Society employed a total of 14,247 people in 2021. Skipton Building Society (Skipton) is another leading building society in the UK in 2021 by assets. The company reported assets of $38,877 million for the fiscal year ended December 2021 (FY2021) and reported revenues of $1,299 million, a growth of 1.6% as compared to the previous year. Skipton, along with its subsidiaries, offers mortgages, savings and investments, estate agencies, and financial advisory solutions.