Birmingham Midshires offered a range of specialist mortgage and savings products.

In 1998, the Birmingham Midshires Building Society agreed to a takeover bid from the Royal Bank of Scotland.

On 15 September 2005 Birmingham Midshires announced it was planning to close 48 of its 67 branches, through a phased programme concluding in March 2006, and the conversion of the remaining outlets to the Halifax brand.

Its main headquarters were rebranded as Lloyds, and different sectors and work were moved to and from the site.

It was announced in April 2024 that the former Birmingham Midshires head office would close and all remaining Lloyds Banking Group staff would relocate to the newly-refurbished Colmore Row office in Birmingham by the end of 2025.