Record growth for Yorkshire

Tim Wallace
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THE YORKSHIRE Building Society saw profits, savings deposits and lending volumes all increase in 2012 as customers switched away from banks, the mutual reported yesterday.

And the building society launched a £160m investment programme to set up new branchesand extend its mobile and online offerings.

Pre-tax profits came in at £157.1m, up 21 per cent on the year, while total membership hit 3.5m, up six per cent on the year. It also expanded its mortgage market share to 3.2 per cent.