However, i hope nationwide lives up to its promise of better savings rates because at present they are quite simply poor!These two societies then merged in 1990 to form the portman building society. I opened 30 building society accounts with £100 solely for the purpose of possible flotations/mergers. Eight persons have made written representations to the fsa and three notices of intention to make oral representations have been received. If the portman wants to change it should convert to a bank. There will be more benefits to both people as well. But there is no point rushing off to open a portman account now.

He said both firms realised they needed to be bigger to better complete in a competitive marketplace. We asked for your comments on the planned merger. I am a portman member and the £200 is a very nice gift. I won't be sorry to see the back of the portman.

At the end of the hearing the fsa will reserve judgement. According to the building societies, members will benefit from access to a larger network of branches - 880 locations across the country. Seven written representations were received by the fsa.

As a portman employee and nationwide customer it does seem an unlikely marriage. The document sets out the reasons for the fsa's decision. It is sad to see the continuing demise of the building society sector for yet another year. Best deal mortgage.

I willingly agreed that i would not be entitled to any windfall payments of any kind in the future. Campaigners say there is injustice where, for example, sisters are living together in the same property. Nationwide and portman have announced they plan to merge, creating the uk's second- largest mortgage lender. Members of the nationwide may see better offers on accounts but staff they may face uncertainty over their jobs. I belong to the nationwide but see this more as a takeover not a merger. I am a member of both nationwide and portman - so in theory i stand to benefit.

What is a building society, isn't it a form of bank?Qualifying members of portman will receive a pre- tax windfall worth a minimum £200 if the merger goes ahead. Base lending rates. Maybe then they could compete with the likes of the halifax. Follow all the news from the 2006 competition through to the national finals here on ecb. Co. Uk latest item top. Full review portman, like all mutual societies, is owned by its members. Web site design by the other media, london. I am very happy with the service which i receive from nationwide.

I have been a member of the nationwide for about 10 years or so. We are already on the road to being a bank. The branch overlap issue means that most portman branches are likely to be closed within five years or sooner.

Fpg will be rolling out two tailored coaching programmes at portman. The atmosphere is friendly and theres great team spirit. Loughborough building society + friendly service, unpushy, online banking - small branch network. Draw made for portman finals day.

Look back on news and audio from the 2005 competition. Portman building society through acumus insurance solutions limited are introducing you to p j hayman & company limited. We spoke to emma stradling, of the law firm representing the burden sisters, wood awdry ford. Portman mortgage holders will have had to have held a minimum balance of £100 on 11 september 2006. Portman building society u15 national club championship - previous winners. Editors' blog last updated: thursday, 14 september 2006, 16:18 gmt 17:18 uk e- mail this to a friend printable version have your say: building society merger. If members vote in favour of the merger, as the board will recommend, it should take place before september 2007.