Company Information

Get to know Scottish Building Society

Founded in 1848, the Scottish Building Society is the world's oldest remaining building society. As a mutual institution, it is owned by and run for the benefit of its members, not shareholders. Its core mission is to provide straightforward and accessible savings accounts and mortgage products, primarily to help people in Scotland and other selected areas of the UK to save money and purchase their own homes. The society prides itself on a personal approach to service and a commitment to its local communities.

Industry

Financial BankingPRIMARY
Financial Other Service

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Scottish Building Society

United Kingdom

Founded in

1848 (178 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.