The Boards of Yorkshire Building Society and Chelsea Building Society announced today that they have agreed to merge, creating a second major force in the building society sector after the Nationwide.

South West-based Chelsea Building Society has this morning confirmed it has agreed to merge with its bigger rival, Yorkshire Building Society in a move that will make it a second major force in the building society sector.

As Yorkshire Building Society confirms its merger with the Chelsea, we want to know if you think mutuals still have value Do you still have faith in building societies? This morning, Yorkshire Building Society confirmed plans to merge with the Chelsea. As Ray Boulger of mortgage broker John Charcol pointed out when news of talks between the two emerged yesterday, this looks more like a takeover th...

The UK's third biggest building society, Coventry Building Society is discussing the possibility of merging with the Stroud and Swindon.

THE building society sector is likely to see more mergers and consolidation in the coming year, according to KPMG’s latest Building Societies Database.

Chelsea Building Society has confirmed it is in advanced merger discussions with its larger rival Yorkshire Building Society.

NEWS that Yorkshire Building Society and Chelsea Building Society have agreed to merge is the latest in a series of moves transforming the mutual sector landscape.

Savers withdrew more money from building societies in June than at any other time since records began, leaving mutuals with a £2.2 billion outflow over the month, according to figures published by the Building Societies Association

Yorkshire Building Society has agreed to buy Chelsea Building Society, its loss-making rival, in a deal that will result in job cuts and a £200 million writedown on Chelsea’s bad debts.

After Coventry Building Society confirmed it was in merger talks with rival Stroud & Swindon and West Bromwich Building Society announced more job cuts, Graeme Brown looks at the market for the region’s lenders