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Kent Reliance Building Society

Kent Reliance Building Society, was a UK Building society, Incorporating the Chatham Reliance (established 1898), Dover District (established 1861), Herne Bay (established 1888) and Kent & Canterbury (established 1847). On 1 February 2011, Kent Reliance Building Society transferred its business to a new bank, OneSavings Bank Plc (which trades as krbs), whilst at the same time J.C. Flowers & Co, one of the world’s largest private equity firms, made a substantial capital investment in the new bank.

Head Office – Krbs, Reliance House, Sun Pier, Chatham, Kent, ME4 4ET.

Branch Offices –  Krbs does not have any branches but does have a few agencies.

John Bishops & Associates, 5 Dover Street, Canterbury, CT1 3HD.

250 High Street, Chatham, ME4 4AN.

12 Windmill Street, Gravesend, DA12 1AD.

Sainbury's Hempstead Valley Shopping Centre Gillingham, ME7 3PA.

Kent Estate Agencies, 99 Mortimer Street, Herne Bay, CT6 5ER.

Kings Estate Agents, 4 Marsh Parade, Hythe, Southampton, SO45 6AN.

Giles Smith (Littlehampton) Ltd, 76 High Street, Littlehampton, BN17 5DX.

14 High Street, Maidstone, ME14 1JL.

Unit 2, Michael Gill Building, Tolgate Lane, Strood, Kent, ME2 4TG.

John Bishops & Associates, 70b High Street, Whitstable, CT5 1BB.

Krbs Building Society Products

Savings Accounts – Savings accounts include Easy access, fixed term bonds, tax free cash isas and affinity accounts.

Mortgage Accounts -  Standard Variable Rate,  3 Year Discount Mortgages,  2 Year Fixed rate Mortgage and a 5 Year Fixed Rate Mortgage.

Insurance – Buildings & Contents Insurance and Mortgage Payment Protection Insurance.

Others –  N/A.

Financial Results Year tba

Members of the Society have become members of Kent Reliance Provident Society, a new industrial and provident society. KRPS will hold a majority of ordinary shares in OneSavings Bank Plc. All their business, savings accounts and mortgages, has been transferred from the building society to the bank. The new organisation continues to have the ethos of a mutual, but will have the trading advantages of a bank, enabling new capital to be brought to the business. They advertise that OneSavings Bank Plc will be a new style of bank and we will show the results when they are released.

The board of directors of OneSavings Bank Plc.

Malcolm McCaig, Jeremy Wood, Sir Callum McCarthy, Tim Hanford, David Mills, Dr David Morgan AO, Andrew Newell, Stephan Wilcke and Dr Peter Williams.

Other information  – website krbs.com

 
 
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