Newcastle Building Society set to open South Shields branch

The North East’s biggest building society is set to open the doors at its new South Shields branch.

New investment in South Shields
New investment in South Shields

Newcastle Building Society has created a new full service and financial advice branch in the Denmark Centre, close to the town’s new transport interchange, as part of an ongoing multi-million-pound investment programme across its entire branch network.

Customers will get their first chance to step into the new branch at 5 Denmark Centre at 9am on Monday, 18 November, with a Christmas-themed official opening from 11am on Thursday, 5 December.

The modern and welcoming environment offers customers easy access to services, information and advice across two floors, with a community space in which local people, groups and good causes can hold meetings and events also forming part of the design.

Stuart Miller, customer director at Newcastle Building Society, said: “There’s been a lot of interest in our new branch from local customers over the last couple of months and we’re looking forward to sharing the new facilities with them.

“While many other financial institutions are closing branches across the North East, we are investing heavily in enhancing and upgrading a modern branch network that sits right at the heart of our operations.

“Through this, we are extending our contribution to maintaining the vitality and sustainability of local communities around the region and reaffirming our commitment to the people living in them.

“We’ve secured a fantastic, easily accessible space for our new branch right in the heart of South Shields and can’t wait to welcome in customers old and new.”

North East firm STP Construction has worked as main contractor on the project.

Newcastle Building Society is more than two-thirds of the way through an ambitious branch improvement programme which will see work on new or improved facilities in every part of its existing branch network including Hartlepool, Middlesbrough and West Denton in 2020, as well as new branches being opened in a number of locations across the North East and North Yorkshire.

Newcastle Building Society is the largest building society in the North East, with more branches than any other society in the region and assets of more than £3.7bn.

Its primary focus is its members and it aims to provide a great range of mortgage, savings and insurance products, together with financial advice through the Newcastle Financial Advisers Limited division.

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