Principality Building Society
Principality Building Society is the largest building society in Wales, and the sixth largest in the UK. Its roots date back to the middle of the 19th century.
It provides several different banking products, though it doesn’t offer a current account, and Fairer Finance currently only rates Principality Building Society on its savings accounts.
Its customer happiness and trust scores are slightly below most of its peers in the mutual sector.
But its excellent record at the Financial Ombudsman Service pulls up its overall Fairer Finance score. And it also has a very good transparency score compared to the rest of the organisations we rate for savings products.
All of this means that it receives a Gold Fairer Finance Ribbon for savings.