What is the difference between a bank and a building society?

Let’s learn what is the difference between a bank and a building society. The most accurate or helpful solution is served by Yahoo! Answers.

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What is the difference between a bank and a building society? and which is better?

also can I use my local post office to open a building society? it would be much more convenient travel wise this way.

Answer:

http://www.bsa.org.uk/difference_bank_bs… Banks are financial institutions that we are all aware...

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Other solutions

What is the difference between a Bank, Building Society and a Credit Union?

Here in Australia, we have the big banks, the small banks, the building society and 'Credit Unions' i know what banks are...but what are Building socioties (like heritage) and Credit Unions (like queensland teachers CU)???

Answer:

Generally speaking, a bank is a for-profit institution that has stockholders. The type of financial...

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What is the difference between a bank and building society?

Answer:

http://www.bsa.org.uk/difference_bank_bs.htm

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What is the difference between bank and building society?

Answer:

A building society is a mutual institution. This means that most people who have a savings account,...

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What is the difference between a bank and a building society?

Answer:

A bank is owned by shareholders and is run to make them a profit. A Building Society is owned by its...

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What is the difference between a bank and building society?

Answer:

http://www.bsa.org.uk/difference_bank_bs.htm

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What's the difference between a bank and a building society?

Answer:

Banks are normally listed on the stock market - the shareholders are owners of the banks and therefore...

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What does Bank/building society name mean?

Bank/Building Society Name = What does this mean? I'm with Santander??or are they asking for the address of the building as meaning to the building society name? Branch (not address) an example of this would be Santander? Correct me if i'm wrong please...

Answer:

The Bank / Building society name would be Santander / Lloyds TSB / HSBC etc The Branch would be the...

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Cant I use a bank if it has the same branch (furness building society) ?

Hi I have a saving's account with the Furness Building Society, and a new Furness Building Society has opened in my town which is nearer to the one I normally go too, can I use the branch that is closer to me or would I still need to go the the one I...

Answer:

you can can use both branches.

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Is halifax a bank or building society?

i have a form to fill in and it says if your account is with a building society, fill in this form - if your bank is with a bank, then fill in this form. is halifax a bank or a ...show more

Answer:

It's a bank....

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