Former HSBC Mexico Chief Executive Officer Sandy Flockhart was named chairman in December 2014,[1] and was replaced in early 2016 by the Conservative peer, Lord Strathclyde.

[6] On 18 December 2012 Virgin agreed to sell Church House Trust Limited to SAV Credit subject to FSA approval.

[11] However, the deal failed to progress, with Bank and Clients' website then confirming that they are no longer offer mortgages or savings.

[12][13] On 1 February 2021, it was announced that Claire Bridel had resigned as CEO, with Nicole Coll taking the position of executive director.

[14][15][16][17] It was then announced on 8 February 2021 that Tandem Money had agreed to purchase the remaining B&C mortgage book, consisting of 300 B&C customers for an undisclosed amount.