Kingdom Bank (United Kingdom)

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Kingdom Bank Limited
Type Private limited company
Industry Financial services
Founded 2005
Headquarters Ruddington, Nottingham, United Kingdom
Area served United Kingdom
Key people Adrian Lewis (Chairman)
Products Mortgages, Savings, Insurance
Owners Assemblies of God Property Trust
Website www.kingdombank.co.uk

Kingdom Bank Limited, commonly referred to as Kingdom Bank, is a Christian bank in the United Kingdom.

History[edit]

It was founded in the early 1950s by Pastor George Oldershaw as an informal fund to finance the development of churches within the Assemblies of God movement in Great Britain and Ireland. In 1954 the fund became a Registered Charity known as Assemblies of God Property Trust. The organisation saw slow but steady growth and was authorised by the Bank of England in the 1980s and subsequently by the Financial Services Authority.

On 1 January 2005 Kingdom Bank Limited was launched as a wholly owned subsidiary of the Assemblies of God Property Trust.

In May 2009, Kingdom Bank expanded its insurance business by purchasing the insurance business of Stewardship Services, a Christian charity.[1]

The bank operates its mortgage, savings and insurance business under separate brand-names:

  • Church Mortgages Direct
  • Christian Savings Direct
  • Christian Insurance Direct

External links[edit]

See also[edit]

References[edit]

  1. ^ "Kingdom Bank takes over Stewardship's insurance business". Christian Today. 16 May 2009. Retrieved 12 October 2011.