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Leek United Building Society

About Leek Building Society

The Leek United Permanent Benefit Building Society was established in 1863, at the time of Leek United's incorporation there were almost 3,000 building societies but by the end of 2010 the number was down to 48. The name was changed to Leek United & Midlands Building Society in 1919 and to Leek United in 1990. They are members of the building societies association and regulated and authorised by the FSA.

Leek United Building Society Information

Head Office – Leek United Building Society, 50 St. Edward Street, Leek, Staffordshire ST13 5DL. Telephone: 01538 384151

Branch Offices –  

8 Victoria Square, Ashbourne, Derbyshire DE6 1GG

61 High Street, Cheadle, Staffordshire ST10 1AN

68 High Street, Congleton, Cheshire CW12 1BA

14 St James Street, Derby, Derbyshire DE1 1RL

75/77 Stafford Street, Hanley, Stoke-on-Trent, Staffordshire ST1 1LL

51 Derby Street, Leek, Staffordshire ST13 6HU

36 Chestergate, Macclesfield, Cheshire SK11 6BA

24 High Street, Market Drayton, Shropshire TF9 1QF

33 Ironmarket, Newcastle-under-Lyme, Staffordshire ST5 1RP

12 Market Street, Oakengates, Shropshire TF2 6ED

13 Market Place, Uttoxeter, Staffordshire ST14 8HY

Savings Accounts – Savings Accounts available include fixed term accounts like fixed rate bonds and regular savings, instant access accounts like pyramid share and business deposit account, Tax Free ISA’s including instant access and fixed rate/term ISA’s and accounts for children and the air ambulance affinity account.

Mortgage Accounts - Leek offer mortgages to new customers and existing customers and the range includes Tracker Mortgages, But to Let, Fixed rate Mortgages and Fist Time Buyer Mortgages.

Insurance - Buildings & Home Contents Insurance, Legal & General Life Insurance, Mortgage Payment Protection and Legal & General Over 50’s Life Plan.

Other Services – Investment Planning, Inheritance Tax Planning (IHT) and Critical Illness Cover. Financial Results Year Ended 31/12/2011

Financial Results Year Ended 31/12/2010

For the year they made a profit after tax of £2,536,000 (£2,752,000).

Mortgage Lending – Gross lending in the year was £84m (2009: £60m). Arrears greater than 2.5% as at 31 December 2010 - 0.18% (2009: 0.27%). The total amount outstanding on mortgages at the end of the year was £566.8m (2009: £568.6m). At 31 December 2010 there were nil (2009: nil) mortgage accounts which were twelve months or more in arrears.

Savings – Share balances and retail deposit accounts achieved a record increase of £65m and the society achieved asset growth of 3.87% for 2010.

Leek United Building Society Directors

Executive Directors – K Wilson and K Griffiths.

Non Executive Directors –P Marriott, P W Kerns, D J Lyons, P A Stanyer and J Washington.

Membership Numbers – The Leek Building Society  has 7,469 borrowing members and 85,217 investing (saving) members.

Other information – website leekunited.co.uk.

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