Saffron Building Society Saffron Building Society The Saffron Building Society is a regional building society which has branches and agencies in the East of England. These span: Cambridgeshire, Essex, Hertfordshire, Suffolk and London. It is a member of the Building Societies Association. Saffron Building Society was established in 1849. It is a UK building society based in Saffron Walden, Essex. It began life as the Saffron Walden Second Building Society and was founded by the Revd John Marten, who became the first Secretary. The first Chairman of the Saffron Building Society was a local builder called Joseph Durrant. Originally established as a 'terminating
Saffron Walden a number of others had departed for the Massachusetts Bay Colony as part of the Great Migration. Saffron Walden was at the centre of the Eastern Association during the English Civil War. While the town was the headquarters of the New Model Army, Lieutenant-General of Horse, Oliver Cromwell paid a 19-day visit in May 1647, taking part in debates to seek a settlement between Parliament and the army. He is thought to have stayed at the "Sun Inn". By the end of the 18th century saffron was no longer in demand and the industry was replaced by malt and barley.