Cumberland Building Society

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Cumberland Building Society
Building Society (Mutual)
Industry Banking and Financial Services
Founded 1850
Headquarters Carlisle, England, UK
Number of locations
34
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]
Number of employees
502
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.

Other than Nationwide Building Society, Cumberland is the only other society 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[edit]

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[edit]

References[edit]

  1. ^ a b Company Profile: Cumberland Building Society
  2. ^ Building Societies Association - Asset List (PDF File) Archived March 27, 2009, at the Wayback Machine.
  3. ^ "Cumberland Ready For National Mobile Payments Service Launch". Cumberland Building Society. 21 March 2014. Archived from the original on 23 April 2014. 
  4. ^ "Cumberland opens in Lancaster". Cumberland Building Society. 21 January 2013. Archived from the original on 2 November 2013.