Halifax is a commercial bank in the United Kingdom, one of the trading names of the Bank of Scotland plc which is part of the HBOS Group. Prior to 1997, it was the UK's largest building society, known as the Halifax Building Society. The Halifax is the UK's largest provider of residential mortgages and saving accounts. It is named after the town of Halifax, West Yorkshire where it retains its headquarters. Its slogan is "Always giving you extra". Image File history File links Halifax. ... -1... For other uses, see Halifax. ... Coat of Arms of South Yorkshire West Yorkshire is a metropolitan county within the Yorkshire and the Humber region of England, that has a population of 2. ... For other uses, see England (disambiguation). ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... Financial services is a term used to refer to the services provided by the finance industry. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... A commercial bank is a type of financial intermediary and a type of bank. ... -1... Group headquarters on The Mound, Edinburgh HBOS Office at Trinity Road, Halifax HBOS plc (LSE: HBOS) is a banking and insurance group in the United Kingdom, the holding company for Bank of Scotland plc, which operates the Bank of Scotland and Halifax brands; HBOS Australia, owner of BankWest; and HBOS... A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending. ... Introduction A mortgage is a device used to create a lien on real estate by contract. ... For other uses, see Halifax. ...

On 17 September 2007, 'Halifax' became a trading name of Bank of Scotland plc as part of reorganisation of the HBOS Group caused by the HBOS Group Reorganisation Act 2006.-1... The HBOS Group Reorganisation Act 2006 is a private Act of Parliament, passed by the British Parliament in June 2006. ...

History

Formation

The Halifax was formed in 1853 as the The Halifax Permanent Benefit Building and Investment Society. The idea was thought up in a meeting room situated above The Old Cock pub close to the original Building Society building. Like all early building societies, the purpose of the Society was for the mutual benefit of local working people. Investors with surplus cash would invest in the society to receive interest, and borrowers could access loans to fund the purchase of a house.

Unlike many UK building societies which grew large by acquisitions and mergers, the Society choose an organic form of growth, and proceeded to open branches throughout the UK. By 1913, it was the largest building society in the UK. The first office in London opened in 1924; and the first offices in Scotland in 1928. This article is about the capital of England and the United Kingdom. ... This article is about the country. ...

Halifax Building Society

The former headquarters of the Halifax- Trinity Road, Halifax, West Yorkshire

In 1928, it merged with Halifax Equitable Building Society, then the second largest building society and was renamed Halifax Building Society. The Society was now five times larger than its nearest rival, with assets of £47 million. ImageMetadata File history File links Download high resolution version (2592x1944, 2074 KB) HBOS Headquaters in Trinity road, Halifax. ... ImageMetadata File history File links Download high resolution version (2592x1944, 2074 KB) HBOS Headquaters in Trinity road, Halifax. ...

A new Head Office was built at Trinity Road, Halifax in 1973. The distinguished diamond shaped building was used on marketing material during the 1980s and 90s. Underneath the building is a specially constructed deedstore which is used to store property deeds for an annual charge of £10. It is computerised and filled with gas to prevent fire. Its importance has diminished in recent years because property data is now kept on a central database kept by Her Majesty's Land Registry. An English deed written on fine parchment or vellum with seal tag dated 1638. ... Gas phase particles (atoms, molecules, or ions) move around freely Gas is one of the four major states of matter, consisting of freely moving atoms or molecules without a definite shape and without a definite volume. ... For other uses, see Fire (disambiguation). ... Land Registry Head Office, 32 Lincolns Inn Fields Land Registry (officially known under the Land Registration Act 2002 as Her Majestys Land Registry) is a British Governmental organisation created in 1862. ...

Diversification

The Society continued to grow in size throughout the 20th century, remaining the UK's largest building society. The deregulation of the financial services industry in the 1980s, saw the passing of the Building Societies Act 1986 which allowed societies greater financial freedoms, and diversification into other markets. Accordingly the Halifax acquired an estate agents to complement its mortgage business. It also expanded by offering current accounts and credit cards, traditionally services offered by commercial banks. A current account is a deposit account in the UK and countries with a UK banking heritage offering various flexible payment methods to allow customers to distribute money directly to others. ... Look up credit card in Wiktionary, the free dictionary. ...

Demutalisation

The 1986 Act also allowed building societies to demutualise, and become public limited companies instead of mutually owned organisations, owned by the customers who borrowed and saved with the society. Although the Abbey National demutualised in 1989, the process was not repeated until the late 1990s, when most of the large societies announced demutalisation plans. In 1995, the Halifax announced it was to merge with the Leeds Permanent Building Society and convert to a plc. The Halifax floated on the London Stock Exchange on June 2, 1997. Over 7.5 million customers of the Society became shareholders of the new bank, the largest extension of shareholders in UK history. PLC may stand for: Palestinian Legislative Council, law-making body of the Palestinian Authority Parti Libéral du Canada, the term in French for the Liberal Party of Canada Partido Liberal Constitucionalista (or Constitutional Liberal Party), a major political party in Nicaragua Phospholipase C Platoon Leaders Class Polish-Lithuanian Commonwealth... Abbey National plc is the UKs sixth biggest bank, and Europes second largest mortgage lender, after Halifax. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... is the 153rd day of the year (154th in leap years) in the Gregorian calendar. ... For the band, see 1997 (band). ...

Halifax plc

A high-street branch of the Halifax.

As Halifax plc, the new bank was the fifth largest in the UK in terms of market capitalisation. Further expansion took place with the 1996 acquisition of Clerical Medical Fund Managers, a UK life insurance company. In 1999, the Halifax acquired the Birmingham Midshires Building Society and ComparetheLoan. In 2000, Halifax established Intelligent Finance, a telephone and internet based bank. Image File history File links Metadata No higher resolution available. ... Image File history File links Metadata No higher resolution available. ... Birmingham Midshires logo Birmingham Midshires is a commercial bank in the United Kingdom, a subsidiary of Halifax plc (part of HBOS). ... Intelligent Finance (IF) is a telephone and internet based commercial bank in the United Kingdom, a division of Halifax plc which is part of HBOS plc. ...

HBOS

In 2001, a wave of consolidation in the UK banking market led Halifax to agree a £10.8 billion merger with the Bank of Scotland. The new group was named Halifax Bank of Scotland (HBOS) with headquarters in Edinburgh, but retaining both Halifax and the Bank of Scotland as brand names. However in Scotland, Halifax branches were amalgamated with the Bank of Scotland, and the Halifax brand is now only used for branding mortgages and savings products. Halifax branches in the rest of the UK use the Bank of Scotland brand for business banking. In 2006, the opposite occurred when the Bank of Scotland (Ireland), HBOS's main retail bank in the Republic of Ireland, announced that it would be rebranding its retail business as Halifax, citing the Irish public's exposure to Halifax advertising on ITV as among the reasons [1]. The Bank of Scotland name will be retaining for business banking.-1... Group headquarters on The Mound, Edinburgh HBOS Office at Trinity Road, Halifax HBOS plc (LSE: HBOS) is a banking and insurance group in the United Kingdom, the holding company for Bank of Scotland plc, which operates the Bank of Scotland and Halifax brands; HBOS Australia, owner of BankWest; and HBOS... For other uses, see Edinburgh (disambiguation). ... This article is about the country. ... Bank of Scotland (Ireland) is a bank based in the Republic of Ireland owned by HBOS plc. ... For other uses, see ITV (disambiguation). ...

In 2006, the HBOS Group Reorganisation Act 2006 was passed. The aim of the Act was to simplify the corporate structure of HBOS. The Act was fully implemented on 17 September 2007 and the assets and liabilities of Halifax plc transferred to Bank of Scotland plc. The Halifax brand name will be retained as a trading style, but it no longer exists as a corporate entity. The HBOS Group Reorganisation Act 2006 is a private Act of Parliament, passed by the British Parliament in June 2006. ...

TV adverts

Halifax pioneered an innovative approach to bank adverts in 2000, when it allowed its staff to star in adverts, singing popular songs with the words changed to reflect financial services products. Halifax worker, Howard Brown is the regular star of the adverts. Following the merger with the Bank of Scotland, this practice has continued, with the Bank of Scotland also allowing its staff to take part. Howard Sebastian Brown is a figurehead and employee of HBOS plc, who own both Bank of Scotland and Halifax Bank (previously the Halifax Building Society) in the United Kingdom. ...

In December 2006, Natalie Webster and four other Halifax colleagues Richard Willoughby, Jilly Ellard, Nicola Roberts and Paul Dudley, flew to Johannesburg to film the 'Halifax remix' of Aretha Franklin's 'Think'. The advert has been on air since February 2007. This article is about the city in South Africa. ... Aretha Louise Franklin (born March 25, 1942) is an American singer, songwriter, and pianist. ...

External links

• Halifax