Scottish Building Society

We're the oldest remaining building society in the world, with a focus and purpose to serve our local communities.
Hidden mission statement
https://www.scottishbs.co.uk/

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As a mutual organisation, Scottish Building Society is owned by and run for the benefit of its members. Everyone who opens a savings account or has a mortgage with the firm becomes a member.

Scottish Building Society doesn’t have external shareholders and is only accountable to its members, so unlike many other financial institutions, it don’t have dividends to pay. That means any surplus profits are reinvested in the Society to benefit its members and ensure it has sufficient funds to invest in the future and remain financially strong.

Giving back to communities has been part of the organisation’s ethos since it was established in 1848 and, as it celebrates its 175th anniversary, it is proud to have launched the Scottish Building Society Foundation in partnership with Foundation Scotland.

It says its enduring and ongoing success is founded on a robust business model, skilled people, a reputation built on trust and confidence and exceptional customer service.

Scottish Building Society’s people are key to its success, and its culture is underpinned by its values and behaviours framework, which was developed by its colleagues, for its colleagues. It proudly offers an excellent work life balance and colleague benefits, along with a supportive, open and collaborative working environment, and the ability to influence its business and shape its strategy. There’s professional progression on offer for employees, who are all driven by a passion for putting members and customers first.

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Scottish Building Society

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Quick Facts

Organisation established in
1848
Total number of UK employees
Number of UK locations
44
Employee average age
28% : 72%
Male : Female employee ratio
54%
Employees earning £35k+
15%
Employee turnover (voluntary)
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