Cumberland Building Society
Building Society (Mutual) | |
Industry | Banking and Financial Services |
Founded | 1850 |
Headquarters | Carlisle, England, UK |
Key people | Kevin Parr, Chief Executive |
Products |
Savings, Mortgages, Investments, Loans, Financial Services, Insurance |
£6.16 million GBP (March 2013) | |
Total assets | £1.70 billion GBP (March 2014) [1] |
Members | 160 338 (March 2014) [1] |
Website | www.cumberland.co.uk |
The Cumberland Building Society was established on 16 April 1850 as the Cumberland Co-operative Land and Benefit Building Society. It has its headquarters in Carlisle, Cumbria, England. It is the 20th largest in the United Kingdom based on total assets of £1.55 billion as at 31 March 2013.[2] The first branch was opened 100 miles south of Cumberland in Preston, Lancashire. It is a member of the Building Societies Association.
The society offers a range of products including: savings accounts; mortgages; investment accounts; loans and further loans; financial services; insurance products; lending to commercial enterprises, through the Commercial Lending division; and Internet Banking.
The society owns several subsidiary companies, including Cumberland Estate Agency Ltd Cumberland Financial Services Ltd and Solway Mortgage Solutions.
The Cumberland is one of only a handful of societies in the UK to offer a full current account service with ATMs, Visa cards and Internet Banking. It also offers fee-free foreign currency transactions. In 2014 the Cumberland became the first UK building society to offer a mobile payments service linked to a mobile phone number, called Pay2Mobile. It became part of the national Paym mobile payments service later that year.[3]
Branch locations
Ambleside, Annan, Appleby-In-Westmorland*, Aspatria, Barrow in Furness*, Brampton*, Carlisle*, Cleator Moor, Cockermouth*, Dalston, Dumfries*, Egremont, Gretna, Haltwistle, Kendal*, Keswick*, Lancaster*[4] Langholm, Lockerbie, Longtown, Maryport, Penrith*, Preston*, Silloth, Ulverston*, Whitehaven*, Wigton, Windermere, Workington*,
- * Denotes estate agents as well
External links
References
- 1 2 Company Profile: Cumberland Building Society
- ↑ Building Societies Association - Asset List (PDF File)
- ↑ "Cumberland Ready For National Mobile Payments Service Launch". Cumberland Building Society. 21 March 2014.
- ↑ "Cumberland opens in Lancaster". Cumberland Building Society. 21 January 2013.