Progressive Building Society

Progressive Building Society
Company typeBuilding Society (mutual)
IndustryBanking and financial services
Founded1914 (1914)
HeadquartersBelfast, Northern Ireland, UK
Number of locations
11
Key people
  • Keith Jess (chairman)
  • Michael Boyd (chief executive)
ProductsSavings, Mortgages, Investments
Revenue £28.6 million (2022)
£9.2 million (2022)
£7.9 million (2022)
Total assets £1,900.2 million (2022)
Total equity £149.5 million (2022)
Number of employees
  • 172 (2022)
  • 176 (2021)
Websitewww.theprogressive.com

The Progressive Building Society is a building society in the UK. The Society was founded in Belfast in 1914,[1] and operates 11 branches across Northern Ireland.[2] It is a member of the Building Societies Association.[3] At December 2022, the Society had total assets of more than £1.9 billion.[4] In July 2014, it merged with the City of Derry Building Society.[5]

References

  1. ^ "When was my building society founded?". Building Societies Association. Retrieved 7 October 2025.
  2. ^ "Progressive Building Society". The Progressive. 23 October 2025. Retrieved 23 October 2025.
  3. ^ "Time to learn to economise during Savings Week with help from the Consumer Council". www.newsletter.co.uk. 23 September 2022. Retrieved 22 October 2022.
  4. ^ "Progressive Building Society Annual Report and Accounts 2022" (PDF). 18 February 2024. Archived (PDF) from the original on 3 April 2023. Retrieved 18 February 2024.
  5. ^ "Which building societies have recently merged or announced mergers?". Building Societies Association. Archived from the original on 27 June 2013. Retrieved 19 November 2013.