Editing Permanent TSB (section)

===Irish Permanent Building Society===
Permanent TSB, previously the Irish Permanent Building Society, was founded as The Irish Temperance Permanent Benefit Building Society which was founded in 1884.<ref name=history>{{cite web|url=http://www.permanenttsbgroup.ie/about-us/group-history.aspx|title=Group History|access-date=29 January 2016}}</ref> In 1940 under new managing director Edmund Farrell its name was changed to Irish Permanent Building Society. Farrell, and later his son, Edmund Farrell Jnr managed the building society until about 1990.<ref>{{cite web|url=http://www.independent.ie/business/how-the-farrell-dynasty-built-up-the-irish-permanent-26202299.html|title=How the Farrell dynasty built up the Irish Permanent|work=Irish Independent|access-date=29 January 2016}}</ref>

In 1992 Irish Permanent Finance, specialising in auto finance, was established. In 1992 branch operations were opened in London and Belfast. In 1992 a Banking subsidiary established in the [[Isle of Man]].<ref name=history/>

In 1994 the Irish private banking operation of Guinness & Mahon was acquired. In 1996 Capital Home Loans, a UK mortgage lender, was acquired.<ref name=history/>

It was a [[mutual organisation]], jointly owned by those saving and borrowing. It [[demutualised]] to form a [[public limited company|plc]] on 21 September 1994. Irish Permanent was a predominantly personal banking and mortgage company.

In 1999, Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group.<ref name=history/>