building society mutual industry banking and financial services founded newcastle permanent building society 1863 newcastle building society 1980 headquarters newcastle upon tyne england uk number of locations 28 key people phil moorhouse chairman andrew haigh chief executive services savings mortgages investments insurance operating income 36.6 m 2010 profit 3.7 m 2010 total assets 4.4 bn 2010 number of employees 951 website www.newcastle.co.uk the newcastle building society is a uk building society that has its head office in newcastle upon tyne england . it is a member of the building societies association . history edit it was formed in 1980 as a result of a merger between the grainger founded 1861 and newcastle permanent building societies founded 1863 . its first chief executive was phillip langley essen after holding the position of chief executive and managing director for 16 years at the grainger . he was influential in the formation of the new society and even designed the new logo . mr langley essen retired from the newcastle in 1986 . 1 in 2006 it merged with another newcastle based society the universal building society . 2 the society opened another office at cobalt business park in north tyneside in 2008 . 3 in may 2010 the society announced its repositioning programme in which it announced that it would make 126 jobs redundant and create 80 jobs in its solutions division . in february 2011 it announced that it plans to lend more to the north east s housing market . 4 in december 2011 wirecard ag of germany acquired newcastle building society s prepaid card issuing activities in six european countries . 5 references edit a full agenda for our mutual friend north east business 10 september 2007 retrieved 11 april 2009 building society mergers and conversions since 1980 building societies association website retrieved 5 april 2007 evening chronicle feb 26 2008 newcastle building society grows despite crisis gareth deighan . via chronicle live retrieved on 24 march 2008 . mccusker peter 25 february 2011 . newcastle building society plan to lend more . nebusiness.co.uk . the journal evening gazette . retrieved 25 march 2013 . wirecard acquires prepaid cards division of newcastle building society 16 december 2011 external links edit newcastle building society building societies association entry in kpmg building societies database 2008 2010 year end results announced march 2011 v t e independent building societies in the united kingdom bath beverley buckinghamshire cambridge chorley coventry cumberland darlington dudley earl shilton ecology furness hanley economic harpenden hinckley and rugby holmesdale ipswich leeds leek united loughborough manchester mansfield market harborough marsden melton monmouthshire national counties nationwide newbury newcastle nottingham penrith principality progressive saffron scottish skipton stafford railway swansea teachers tipton & coseley vernon west bromwich yorkshire retrieved from https en.wikipedia.org w index.php title newcastle building society & oldid 743724291 categories building societies of englandcompanies based in newcastle upon tynecompanies established in 19801980 establishments in england navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 22 07 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view