Added: 13 October 2016
Ipswich Building Society to open new flagship branch
Mutual House designed as a ‘social branch’
Ipswich Building Society has announced the relocation of its town centre branch to new premises at Princes Street in Ipswich.
Mutual House, as the building will be known, has been acquired by the Society in order to create a new flagship branch for the area. The building was formerly occupied by Chelsea Building Society before it closed earlier this year.
Opening in Spring 2017 when its existing staff from its Sailmakers Shopping Centre branch will transfer to the branch, the Society's new look premises will be re-designed to include flexible spaces it plans to use for its highly successful ‘All In’ member programme, with exclusive events in addition to pop-up and charity activities to support the local community.
Commenting on plans for the new branch, Paul Winter, Chief Executive, said: "Acquiring our new flagship branch, Mutual House, is a significant milestone in the Society's history as we show our commitment to serving the local area and remaining proud of our mutual status.
"We're creating a 'social branch' which is all about the focus on our members and our community. It’s a response to what our members have been telling us they want and we are excited about having a more visible presence in the town, in an area which is undergoing streetscape improvements."
The Society is planning a series of events to mark its opening, including a day of celebrations and an exclusive preview visit for members.
The acquisition of Mutual House was handled by Mark Sargeantson, Consultant at Fenn Wright, who commented "this is the culmination of a long search for a flagship branch in the town centre on behalf of the Society and I am delighted that this prominent property has been secured."