Vicky Wales

Principality Building Society awarded double gold for customer satisfaction

Principality Building Society, Wales’ largest building society, has achieved two gold recognition awards from Fairer Finance for its customer service and satisfaction across both savings and mortgages.

The independent finance research and ratings agency evaluated more than 50 UK financial providers on trust, transparency, and customer satisfaction, taking into account complaint handling, quality of service, and how well providers meet their customers’ needs.

Principality’s double gold award demonstrates the society’s commitment to delivering exceptional experiences and products for its Members.

The society was also ranked among the top 10 providers for trust in Fairer Finance’s Spring 2025 Customer Experience Ratings for Savings.

The awards encourage financial institutions to compete on quality and customer experience rather than price alone.

Vicky Wales, chief savings officer at Principality Building Society, said: “We are incredibly proud to receive two gold awards from Fairer Finance, recognising the trust and confidence our Members place in us.

“To be ranked so highly across both our savings and mortgage services is a real testament to the dedication of our colleagues, who go above and beyond every day to deliver exceptional experiences.

“At a time when many providers are retreating from the high street, we remain firmly committed to our branch network and our communities.

“We believe that being present, accessible, and supportive is vital to ensuring our Members feel valued and cared for.”

James Daley, managing director at Fairer Finance, said: “Winning gold in our customer experience ratings is no mean feat – and achieving it in both savings and mortgages is even more impressive. It requires a trusted brand, satisfied customers, clear and effective customer journeys, and an excellent record on handling complaints.

“Principality has consistently performed at the top of our rankings for over a decade – an excellent achievement.”

Principality continues to invest in its high street branches and community initiatives, supporting local causes such as Barnardo’s through fundraising at the Cardiff Half Marathon and working with OneBanx to maintain cash access in rural areas.

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