Natasha Asghar MS visits Newport Principality branch
The visit was part of celebrations marking the society's 165th anniversary.
The Principality Building Society, with its largest branch presence across Wales, declared in April its commitment to maintaining high street and community presence until 2030.
This decision stems from consistent member feedback and research that indicates more than 70 per cent of people consider branch presence crucial when choosing a financial provider.
Kelly Young, head of savings customer services, said: "Cash remains a vital part of daily life for many—not just as a payment method, but as a pillar of financial stability, especially for small businesses, residents, and rural communities."
She added that the society is committed to investing in its network and ensuring access to cash for the communities it serves.
Natasha Asghar, member of the Senedd for South Wales East, commended the society's dedication to maintaining its local branches and services across Welsh communities.
She said: "With over 160 years of service, the Principality remains a cornerstone of Welsh town centres and has the strongest high street presence of any financial services provider in the country."
The society was first established in Cardiff in 1860.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wales Online
36 minutes ago
- Wales Online
Popular Welsh burger restaurant announces plan to open in Cardiff
Popular Welsh burger restaurant announces plan to open in Cardiff Madbuns is expanding from Swansea to Cardiff with its third restaurant The 'Madbun' is a popular burger on the menu (Image: Madbuns ) A well-known Swansea burger restaurant is expanding into Wales' capital city. Madbuns, a fast-growing independent burger joint, will open its latest branch on City Road, adding to the growing food scene in the area. The burger joint first launched in September 2021 on St Helens Road, Swansea. Founded by a group of local friends, Madbuns gained early traction through social media, where videos of its burgers and signature sides attracted significant attention and it has a growing profile amongst foodies. Their coloured buns - including charcoal black, beetroot red and even a blue bun - made with natural food colouring - have led to big social media interest. Mahdi Uddin, Riyaad Islam and Shah Rahman got the idea for Madbuns after they were looking for somewhere to eat in Swansea and felt they'd have to look outside of the city to find the kind of food they wanted. Joined by two additional childhood friends; a talented Welsh chef who had been reinventing the traditional Indian takeaway and another partner, Madbuns was created. Article continues below It is fully halal and also offers vegetarian and vegan alternatives. You can read the background to their start-up here. They said they wanted to create something new, with locally-sourced ingredients everyday from nearby trade and businesses. Following the success of its original location, Madbuns opened a second branch in Gorseinon, Swansea, in January 2024. While an official opening date for the Cardiff branch has not yet been confirmed, the burger joint has said it will be on City Road in Roath. Article continues below
Wales Online
36 minutes ago
- Wales Online
Swatch confirms opening date for new Cardiff store
Swatch confirms opening date for new Cardiff store The Swiss brand has officially confirmed when it will be opening it's flagship Welsh store Popular watch shop, Swatch, is set to open its doors in St David's Centre in Cardiff next month (Image: Rahaf Ali ) Global watch brand Swatch is making a timely return to the Welsh Capital, with the official opening of it's standalone store at St David's Shopping Centre set for Thursday, July 3. The addition of the Swiss watchmaker adds to the centre's eclectic line-up of premium timepiece brands and marks a homecoming of sorts for a name once familiar to local shoppers. Located on the lower level of the Grand Arcade - opposite Goldsmiths, in the unit formally occupied by Typo - the Swatch store will once again offer watch lovers, access to the brand's vibrate collections. Never miss a Cardiff story by signing up to our daily newsletter here Swatch was originally part of the retail mix when St David's opened its expansion back in 2009, but closed its doors just a few years later. Article continues below The new store is set to feature the brand's latest collections and its much-hyped collaborations including Omega x Swatch Moonswatch and the Blancpain x Swatch series. READ MORE: Beauty giant Sephora to open store in Cardiff READ MORE: I tried Cardiff's newest city centre restaurant The Banana Tree and have some thoughts Article continues below The store's launch comes amid a steady stream of new arrivals at St David'd. It follows the recent openings of Knoops, Sostrene Grene and Pull & Bear, with major names like Mango and Sephora also preparing to open later this year. A spokesperson from St David's Centre previously told WalesOnline: "It's fantastic to welcome the return of the Swatch store to St David's and to Wales, further enhancing our strong line-up of watch and jewellery brands."
Cambrian News
an hour ago
- Cambrian News
Sustainable clothing store championing British designers opens on Machynlleth high street
Rachel said she's already had people asking about her stock made by Welsh designers: 'I've been sourcing designers since January, which has been a big challenge in a world where fashion is often green-washed - a lot of brands who claim to be designed or made in the UK actually aren't.
