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All Building Societies are owned by their members and have 'mutual' status. If you invest money with them you automatically become a member no matter how small your investment. If they 'de-mutualize', they are then no longer building societies and become banks. Some building societies that have done this in the past have then been taken over by other banks. What was originally Halifax Building Society is probably the best known example of this. It de-mutualized and became a bank. It was then taken over by the Bank of Scotland which in turn was taken over by the Lloyds Banking Group.
What else can I help you with?
What banks do the rothchilds own?
The Rothchilds own all the banks.
What banks do rothchild own?
The Rothchilds own all the banks.
Does the government own the banks?
No. The Government oversees the operations of all the banks but it does not own them. Nationalized banks are partially owned by the government but private banks are not owned by the government.
Function of building society?
Provision of affordable mortgages - by allowing members and customers to own their own homes through low-priced mortgages, building societies contribute to national development. Improving wealth - By affording members the opportunity to save and invest helps to enhance their wealth.
Do member banks own the district banks?
Member banks located in california
What company do Tyra Banks own?
The only company I know that Tyra Banks is part owner of is Bankable Enterprises. She doesn't really own anythingon her own.
Which of the colonies was best suited for the fishing industry?
The New England colonies. They had poor soil and were "subsistance" farmers only growing enough food for their own needs, but the seaports were important for fishing and ship building.
What banks do the rothschilds own?
all of them
Can you own a monkey in England?
Yes, a resident of England can own a monkey in England. The resident will have to get a license to own an exotic pet.
What is the nearest harbor to Christchurch?
The nearest full harbour is the Port of Lyttelton at the base of Banks Peninsula. This is about 20-30 minutes drive from the centre of Christchurch. Christchurch in England has its own harbour.
How do you take photos on Simcity Societies?
By dumping on your own leg
Does northern Ireland use the pound?
yes - the UK pound sterling - NI banks produce their own banknotes which can only be used in NI. Bank of England and Scottish notes are also used
