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Principality Careers

At Principality, we know that our strength lies in our people and the service they give. That's why we always make sure our staff are treated as individuals, that they can make a real contribution and that, no matter where they work, they know they're important to the success of the Society.

This philosophy and a desire to succeed means you could enjoy a long-lasting, fulfilling career with us. So why not find out more about what we can offer you today? Founded by the people of Wales and serving the needs of customers across Wales, Principality Building Society is one of the most trusted financial service sector brands, offering a friendly and professional service and we have no intention of compromising on this legacy.

Principality Staff

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 Principality Careers > Our Business

Our Business

  • We are proud to be one of Wales’ best-known and most trusted financial organisations
  • A mutual society, owned by and run for the benefit of our 500,000 customers
  • The UK’s 7th largest building society
  • Over 150 years expertise
  • 65 Principality outlets - a network of 52 branches across Wales and 18 agency counters

Travel through time with us since our success story began in 1860…


Principality was established and was known as “Principality Permanent & Benefit Building & Investment Society”. Our first year’s income was a modest £367.


We opened our first official headquarters at 8 Royal Arcade, Cardiff.


The Building Societies Act came into effect, shaping the business that you see today.


Charles F Saunders, then Chairman, described the Society as the largest by far in Wales and the West of England, with total assets of over £300,000.


In celebration of our Jubilee Year, we began our first social housing scheme. We erected 200 houses near Port Talbot to accommodate working men in the surrounding collieries.


Our Members authorised the shortening of the Society’s name to the present, Principality Building Society.


On May 28th, we opened a new Head Office at Principality Buildings, Queen Street, Cardiff. This was just a few weeks before the country was plunged into the First World War.


After the war, demand for houses grew and once again, we prospered. We reached our first milestone of £1 million assets.


Extending our presence West, we opened our first official branches in Swansea and Barry Dock.


We opened our first North Wales branch in Bangor.


We began our sponsorship of the National Eisteddfod of Wales.


We acquired Peter Alan and Parkhurst Estate Agency, creating one of the largest estate agencies in South Wales.


We celebrated £1 billion in assets.


We opened our present Head Office at Principality House on the Friary – a sign of our rapid growth during the 80s.


We introduced our partnership awards, showing our commitment to our communities and providing financial support to numerous community-based projects throughout Wales.


Peter Griffiths was appointed as Chief Executive, and we established our Commercial Lending division.


Our subsidiary, Nemo Personal Finance was unveiled, creating over 100 jobs in Wales over 2 years.

And we launched our Charity of the Year policy which has raised thousands of pounds for many worthwhile causes.


Graeme Yorston joined us as Chief Operating Officer.


We passed £5 billion assets, and to celebrate, gave away £25,000 to community projects that made a difference, in each of our 5 regions across Wales.


We opened our 51st branch, in the new St David’s Development in Cardiff, showing our continued commitment to the Welsh high street, at a time when many banks and building societies were closing branches.


We celebrated 150 years at the heart of Wales, with 51 branches across Wales and over 500,000 customers. We remain the safe and profitable Society that began all those years ago. Ever committed to the high street, we celebrated with the opening of 8 new agencies across Wales.

This website is only for use in the UK and the products and services on it are only available to you if you are a UK resident. Mortgages are only available on properties in England and Wales.

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Principality Building Society is authorised and regulated by the Financial Services Authority (Authorisation No. 155998). Principality Building Society, Principality Buildings, Queen Street, Cardiff, CF10 1UA.