Records relating to: Landore Permanent Benefit Building Society (Landore Building Society); Swansea Imperial Building Society; Third Swansea Union Terminating Building Society; South West Wales Building Society; Provident Permanent Building Society; Clydach Permanent Benefit Building Society; Swansea Rock Building Society; Unidentified Building Society
Building Society Records
- This material is held at
- ReferenceGB 216 D/D B Soc
- Dates of Creation1901-1975
- Name of Creator
- Language of MaterialEnglish
- Physical DescriptionApprox. 6.3 linear metres
Scope and Content
Administrative / Biographical History
Building societies originated in the self help movements of the 18th century. Working men began to pool their funds in organisations from which they could borrow to build homes. In the early days of the societies, once every member had a home the society could be closed - these were known as Terminating Societies. The Permanent Societies we know today began when they started to accept deposits from members with no intention of building. They then became institutions for savings and borrowing as well as mortgage providers.
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