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Principality Building Society (Welsh: Cymdeithas Adeiladu Principality) is a building society based in Cardiff, Wales. At December 2022, the Society had total assets of more than £11 billion. [ 1 ] It is the largest building society in Wales and the sixth largest [ 2 ] in the United Kingdom .
A high street building society branch, in Banbury. A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending.
Eurfyl ap Gwilym (born 14 November 1944) is a Welsh economist, deputy chairman of the Principality Building Society, and a Plaid Cymru politician. He was born in Penparcau , Ceredigion and was educated at Ardwyn Grammar School followed by a BSc and PhD at King's College London .
The redemption movement overlaps with the sovereign citizen movement, with several influential sovereign citizens promoting redemption schemes and ideas. [8] Part of its concepts were also adopted by the Canadian-born freeman on the land movement and by various other pseudolaw "gurus", movements and litigants. [9]
At December 2022, the Society had total assets of more than £2.4 billion. [1] Founded as the Fourth Post Office Mutual Society in 1896, it was renamed as National Counties in 1972 and its membership no longer limited to Post Office staff. Mostly a postal and online based building society, it has one branch in Epsom.
The society is a founding member of the Building Societies Association and Council of Mortgage Lenders, as well as a member of the Financial Services Compensation Scheme. It is a mutual organization which operates through a network of branch and agency offices, covering the M4 corridor from Chepstow in the east to Swansea in the west.
722 Redemption is a process within the U.S. bankruptcy code under section 11 U.S.C. 722 that allows a debtor to redeem collateral based on the market value of the collateral. The bankruptcy code allows a debtor to pay the retail value of the collateral in a lump sum payment to the creditor in exchange for the lien on the collateral being released.
Scottish Building Society is a building society with the Head Office based in Edinburgh, Scotland. It is the oldest remaining building society in the world, the only independent building society based in Scotland and the 24th largest in the United Kingdom based on total assets of £740.7 million at 31 January 2024. [ 1 ]