People bang on about today’s financial products being difficult to understand – but I’m sorry – just take a look at this gobbledegook from July 1967 below. “Income tax paid by the society equal to £7/8/11% per annum”. So how does that work then?
The Cheshunt Building Society merged with the Bristol & West Building Society in 1992. Bristol & West was taken over by the Bank of Ireland in 1997, with it’s deposit accounts and retail networks being acquired by the Britannia Building Society in 2005. The Britannia became part of Co-operative Financial Services in 2009. In fact, many of Co-op’s woes came from the Britannia merger.Share: by