There will be no compulsory redundancies either within the branch network or at universal’s head office as a result of the merger. For friendly advice and a personal approach from someone who listens, look no further than the universal building society - for a world of difference. Newcastle has guaranteed universal staff jobs for three years.

Universal is a mutual building society, and commits itself to supplying an extensive selection of products and services, among which are. Newcastle & universal have finally announced the terms of the deal for universal members. The society is thinking 'would we be better off as part of a larger group?Building society name: britannia building society. Saffron waldon herts and essex building society.

Cheltenham and gloucester building society. Newcastle will be retaining the universal head office building, but the head office branch will close without any compulsory redundancies. Building society name: nationwide building society. Universal building society is authorised and regulated by the financial services authority, registration number 155881 and covered by the financial ombudsman service scheme. Your local building society, like your local post office, is an endangered species. Britain’s second- biggest building society, reporting record profits yesterday, said that it would consider merging with other mutuals or buying other plcs.

The society is able to tailor its communications with the panel to maximise the usefulness of its communications. Dunfermline building society has continued a series of member evenings begun some five years ago. Other 2006 deals include leed’s takeover of mercantile and newcastle’s purchase of universal. Listening to members - the building society sector experience second edition. Nationwide is the world's largest society and needs to have a strong proposition throughout the country. The merger will significantly improve the distribution of products and services to members of the universal.