Owned by you, run in your best interests
customers
Individuals
trustpilot
4.8/5 based on 6,181 reviews
type
Building Society
Owned by and responsible to their members (rather than shareholders)
Focus on providing mortgages and other services that help members buy homes
profit reinvestment
Aside from the charity causes and their foundation, it is owned by customers - profits don’t go to shareholders
services provided
ethical credentials
charity work
Leeds Building Society is working with Barnardos, a children’s charity, aiming to raise at least £300,000 to support their work.
Since 2021, Leeds Building Society has awarded over £2.5 million to various charities and community partners. They plan to increase this total to £3 million by the end of 2025.
Established in 1999, the Foundation has donated nearly £3 million to more than 3,000 local projects and good causes across the UK, focusing on making a positive impact in local communities.
Every employee is given 14 paid hours per year to volunteer in their community. Employees can also apply for a share of £250,000 in funding for charities that matter personally to them.
Leeds Building Society sponsors the Leeds Rhinos rugby team, supporting local sports and community engagement.
policies
Leeds Building Society’s environmental, social and governance policy.
It outlines internal processes in ensuring both members and employees comply with sustainable practices (waste reduction, green energy, carbon footprint reduction).
controversies
Leeds Building Society were embroiled in a scandal whereby they referred their customers to unregulated advisers who signed them up to put homes in trust and life savings into investment schemes. These third party companies then ran into financial complications and people lost huge sums of money.