Founded as a mutual building society in 1860, Principality Building Society is a vibrant and indigenous Welsh business and is today, one of the most trusted financial service sector brands on the high street.
With over 500,000 members, employing over 1,000 staff and with a network of 51 branches up and down the Welsh high street, Principality is a significant player in the Welsh economy. In 2010 the Welsh building society celebrates 150 years of expertly looking after its customers' savings, investments and mortgages, delivering great value, coupled with excellent customer service.
As well as delivering outstanding value to members, the Society is proud to be at the heart of the local communities in which it serves by helping the communities in which its members live, across Wales and the Borders. After a long association with rugby in Wales, Principality Building Society provided a massive boost for premier division rugby in Wales when it began sponsoring the domestic league tournament for a three year period at the start of the 2005-2006 season.
Under the title of Principality Building Society Premiership, the 14 leading semi-professional clubs in Wales go head-to-head on a weekly basis in a 26-match, highly competitive and intense tournament; vital for developing Wales's national game at the very top level.
Principality is a brand with a passion for sport and as an organisation proud of its involvement with Welsh business and the community, the Welsh Rugby Union provided the perfect partnership. Principality believes that the Premiership is pivotal in the Welsh rugby triangle, particularly in helping to develop young talent from the village playing field to the national game. Fighting off stiff competition from the clubs in the Premiership, Neath defended their 2004-2005 Premiership Title in the 2005-2006 season and proudly raised the first ever Principality Premiership Trophy in April 2006. Since, there have been a number of contenders for the title and each year, the competition reaches new highs of intensity.