Swansea Building Society News

Work begins on our new Blue Street premises in Carmarthen

Written by Swansea Building Society | Aug 19, 2026, 8:00:57 AM

We are delighted to announce that work has officially begun to relocate our Carmarthen office to newly purchased premises on Blue Street, supporting our continued growth and expansion of our presence in the town.

Work is underway to transform the building into a modern new office for us, with the project expected to be completed by the end of February 2027. We hope to open the new Carmarthen office in early March 2027.

The move follows the continued success of our Carmarthen operation and will provide the additional space needed to support future growth. We currently employ 15 people at our Carmarthen office and expect this number to increase once the new premises are open.

Since first establishing an office in Carmarthen in October 2015, we have operated from our current rented premises at 13–14 Lammas Street. The purchase of the Blue Street building represents a significant long-term investment in the town and underlines our confidence in the continued growth of our Carmarthen operation.

The new premises will provide approximately 4284 square feet of space and will be extensively refurbished and redesigned to create a larger, modern and welcoming environment for both customers and colleagues.

Alun Williams, our Chief Executive, said:

“Since opening our Carmarthen office in 2015, we have been delighted by the strong support we have received from customers across Carmarthenshire and the wider West Wales region. The success of the office has enabled us to grow our team and expand our presence in the town, and we are now reaching the point where we need additional space to support the next stage of that growth.

“Over that time, we have also seen a number of high street banks, including Co-op/Britannia, Halifax and TSB, close their branches in Carmarthen. We believe that maintaining a strong physical presence in the town is increasingly important, and our investment in new premises reflects our commitment to providing customers with access to a local, face-to-face service.

“Purchasing our own premises on Blue Street is an important investment in the future of our Carmarthen operation and demonstrates our long-term commitment to the town and its communities. The new office will provide us with the capacity to expand our team, further develop the services we offer and continue delivering the personal, face-to-face service for which Swansea Building Society is known.

“We are very much looking forward to seeing the building transformed over the coming months and welcoming customers to our new Carmarthen office in March 2027.”

Sioned Jones, our Area Manager West Wales, added:

“Having been based in Carmarthen and seen the branch grow over the past eleven years, it is wonderful to be taking this exciting next step. We have built strong relationships with customers and the wider business community, and the continuing success of the branch reflects the value which people place on face-to-face service and local presence which Swansea Building Society provides.

“Our new Blue Street premises is both large and prominently located on one of the busiest approaches to the town centre. It will give us the space and facilities we require to support future growth, expand our team and continue to welcome the increasing numbers of customers visiting from all parts of West Wales – Ceredigion, Pembrokeshire and Carmarthenshire. It is an exciting investment for our future in Carmarthen, and we are all looking forward to seeing the new premises take shape.”

We will continue to operate from our existing office on Lammas Street throughout the redevelopment work, ensuring that our customers can continue to access our services as normal ahead of the move.

The new Blue Street office will form part of our Society’s wider commitment to investing in our branch network and maintaining a strong local presence across South and West Wales.