Clydesdale Bank plc is one of the largest banks in Scotland with more than 120 retail branches and 40 business & private banking centres. It also has a strong presence in the south of England. Clydesdale is one of three Scottish commercial banks which have the right to issue their own banknotes. It provides a broad range of financial products and services to personal and business customers. It offers current and savings accounts, personal and business loans, car loans, credit cards, prepaid currency cards, fixed rate mortgages, offset mortgages, second home mortgages, investments, financial planning, online and mobile banking, treasury solutions, trade finance, acquisition finance, corporate and private asset finance, wealth referral advice service and more. It also offers insurance products including home insurance, higher value home insurance, car insurance, travel insurance and life and critical illness insurance. The company was established in 1838 and is headquartered in Glasgow, Scotland. In 1987, Clydesdale Bank became a member of National Australia Bank (NAB). In 2016, it was divested from NAB. Clydesdale was awarded as the "Best First Time Buyer Mortgage Provider" by Moneynet and "Best Card Provider" by Moneyfacts (2016). CYBG PLC (Clydesdale and Yorkshire Bank Group) is the parent company of Clydesdale and Yorkshire Banks. Yorkshire Bank is a trading division of Clydesdale Bank. As of March 31, 2017, CYBG PLC had total assets of £40.3 billion, customer loans of £30.7 billion, customer deposits of £26.3 billion and over 7,600 employees.