April 23, 2025 - 300 views
Wales' largest building society, Principality, is celebrating its 165-year birthday by pledging to maintain its presence on the high street and in the community until at least 2030.
This commitment means that branches in Llandudno and Colwyn Bay should be protected from closures.
Principality, which has over 50 branches and 14 agencies across Wales, is dedicated to supporting its members and partnering with charities.
Julie-Ann Haines, Chief Executive Officer of Principality Building Society said: “As we celebrate 165 years of putting Members first, I'm pleased to announce our commitment to maintaining a branch presence in the high streets and communities we currently operate in, across Wales and England until at least 2030, giving our Members, colleagues and communities confidence.
“We are proud to have more branches than any other financial services provider in Wales. With news of recent closures from other financial providers, we maintain our local branches and evolve our access to cash services, recognising they are more important than ever.
“Our presence on high streets is unrivalled and brings benefits to communities across the country, today’s announcement means Members can be assured that we’ll retain our presence for years to come.”
The society is also working with the Welsh Government to ensure access to cash in communities.
