Norwich and Peterborough Building Society’s (N&P’s) saving and borrowing members have voted in favour of the merger between N&P and the Yorkshire Building Society.

89.61% of eligible savers who voted and 87.22% of eligible borrowers who voted, were in favour of resolutions to merge with the Yorkshire.

The merged society will have three million members, approximately £34 billionn assets and a national network of 224 branches and 89 agency offices.

The merger remains subject to confirmation by the FSA, and the FSA’s confirmation process is expected to complete on 1st November 2011.

Gordon Horsfield, chairman of N&P, said: “I should like to thank those members who have taken the time to study the Board’s proposals and voted. Through their votes they have clearly expressed their support for a merger with the Yorkshire. They too have recognised the short and long term benefits of this merger.