Welcoming the announcement, Skipton Chief Executive David Cutter said: ‘We are delighted to have been given the green light by the FSA, marking the final milestone in the merger process.'
Robin Litten, Chief Executive of Scarborough Building Society, added: ‘We are looking forward to providing members of both societies with the enlarged branch network, enhanced products and services and added security which will come with being part of a bigger, even stronger building society.'
