building society

British

noun

a cooperative organization that accepts deposits of money from savers and uses them to make loans, secured by mortgages, to house buyers. Since 1986 they have been empowered to offer banking services

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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However, late last year, the UK's biggest building society, the Nationwide, pledged to keep all of its 696 branches open until at least 2030, although it too has closed branches in the past.

From BBC • Feb. 11, 2026

The UK bank and building society sector has seen widespread branch closures in recent years, as many customers have switched to online and mobile banking.

From BBC • Nov. 11, 2025

The UK's biggest building society, the Nationwide, has pledged to keep all of its 696 branches open until at least 2030.

From BBC • Nov. 11, 2025

Veronica Lewis says that the banking hub is "brilliant", but that she can't come with her husband as he is with Nationwide, a building society which is not included in the hub model.

From BBC • Oct. 23, 2025

Have you gone into the insurance fund, the pension fund, the building society, the various applications of co-operation!?

From Major Barbara by Shaw, Bernard

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023