Quick facts
  • What we do:
    Mutual providing savings and mortgages
  • Year established:
  • Website:
  • Contact
    • Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk, IP3 9SJ
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About Ipswich Building Society

Ipswich Building Society (IBS) has more than 160 years experience in providing mortgages and savings for people in the East of England. The society is an independent mutual, run in the best interests of its members, not shareholders.
The society exists to help its members achieve their goals of home ownership and save for the future with an organisation they can trust.
IBS was established in 1849 as the Ipswich and Suffolk Freehold Land Society, to create 'forty-shilling freeholders' – giving the ordinary man the chance to buy enough land to enable him to vote.
The aim was to improve the social position and promote the moral elevation of the unenfranchised population of the country.
Whilst IBS keeps these traditional values at its heart, they are looking to the future, with plans to grow and retain independent mutuality under Chief Executive Officer Richard Norrington. The society has nine branches across Suffolk.

What is it like to work for Ipswich Building Society

My Manager
My Manager
Managers’ performance is assessed by their effectiveness in managerial tasks, teamwork, distributing work and delegation. This is documented by an online performance-management system recording monthly on-to-one meetings, and six-monthly and annual appraisals.
There’s a bespoke health and wellbeing programme. IBS runs events such as the workplace challenge and a reward scheme allocates points to employees doing physical exercise. Employees log every instance of 30-minute activity each month and get a corresponding number of entries into a draw.
Giving Something Back
Giving Something Back
A volunteer scheme encourages employees to spend four hours per month at a charity. A match-funding initiative means £10,000 is available to match individual employee fundraising each year.

Learn more about the 8 factors of workplace engagement here


  • Charity Activities
    Charity Activities

    At least 20% of staff are known to undertake charitable activities during business hours without incurring financial loss

  • Women

    At least 40% of senior managers are women

  • Long Service
    Long Service

    50% of employees with more than 5 years' service

  • Family Friendly
    Family Friendly

    School hours contracts offered to staff

Company Statistics

  • UK sites:


  • Staff:


  • Staff Turnover:


  • Earning £35,000+:


  • Male : Female:

    34% / 66%

  • Average Age:



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