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Ipswich Building Society becomes Suffolk Building Society in November
Posted: 9th Sep 2021

We’re proud to announce we’re changing our name from Ipswich Building Society to Suffolk Building Society this November. It is a new name to make us more appealing across the county we call home – and an old name to stay true to our roots.

Why Suffolk Building Society?

In 1849 we were founded as the ‘Ipswich and Suffolk Permanent Benefit Building Society’ and for over 170 years we have dedicated ourselves to protecting the money of generations, for generations, with a continuing physical presence on high streets across the county.

Thoughts from our CEO, Richard Norrington:

“Looking to the future we will be exploring new ways to serve more members and grow independently and sustainably; increasing the availability of our services through online access; supporting the financial needs of people throughout Suffolk. It is a new name that’s inclusive, connecting to a broader community – and an old name that marks our historic commitment to the county we serve. Whilst so much has changed in the last 170 years, we remain proud of our home and the people who make it. Proud of our values and way of life.”

Our name through the ages:

1849: Ipswich and Suffolk Permanent Benefit Building Society and Ipswich and Suffolk Freehold Land Society established.

1969: ‘Permanent Benefit’ cut from the name, resulting in Ipswich & Suffolk Building Society.

1975: Took in Ipswich & District Building Society, resulting in Ipswich Building Society.

2021: Name change to Suffolk Building Society.

A first look

We want you to get an early feel of the Suffolk Building Society and get an idea of what you can expect from us in the coming months. Our name is changing, however you’ll still receive all the same great personal service.

Take a look at the video below to experience a visual introduction to the new Suffolk Building Society and look out for more news from us in the coming weeks.

Your home may be repossessed if you do not keep up repayments on your mortgage.