New chapter as building societies complete merger

SKIPTON Building Society has completed its merger with Chesham Building Society.

The merger will offer members access to more branches and, for Chesham members, new services, including telephone and online transactions.

The deal has also marginally increased the capital strength of the enlarged Skipton – which now has more than £15bn of assets and over 850,000 members.

David Cutter, Skipton Group’s chief executive, said: “It’s fantastic to welcome Chesham members and staff on board and a great credit to both organisations to have fully integrated all operations within only three months of announcing our intention to merge.

“Given the two societies’ shared commitment to staff, member service excellence and support for their communities, the completion of our merger marks the start of an exciting new chapter, heralding fresh benefits and opportunities for all concerned.”