About Melton Mowbray Building Society
The Melton Mowbray Building Society was formed in 1875
as a Mutual Building Society for the benefit of the people of Melton Mowbray
and the surrounding area. They are a member of the building societies
association and are authorised and regulated by the Financial Services
Authority. FSA reg number 106184.
Melton Mowbray Building Society Information
Head Office – Melton Mowbray Building Society,
Leicester Road, Melton Mowbray, Leicestershire, LE13 0DB. Tel: 01664 414141.
Branch Offices –
18 Nottingham Street,
Melton Mowbray, Leicestershire, LE13 1NW.
48 High Street,
Grantham, Lincs, NG31 6NE.
23 High Street,
Oakham, Rutland, LE15 6AH.
Building Society Products
Savings Accounts – Savings Accounts include Instant
Access, 30 Day and 100 Day Notice Accounts, Cash ISA’s and Fixed Rate Savings
Bonds.
Mortgage Accounts - Discount Mortgages, Fixed Rate
Mortgages and Buy to Let Mortgages.
Insurance – Buildings & Contents Insurance and
Mortgage Protection Cover.
Others – Wills & Conveyancing.
Financial Results Year Ended 31/12/2010
For the year they made a profit after tax of £151,000
(£16,000).
Mortgage Lending – Mortgage lending in the year
totalled £17m. At the year end there were 4 mortgage accounts (2009: 3
accounts) in the Society’s mortgage book with balances outstanding of £0.10m
(2009: £0.14m) and arrears of £0.01m (2009: £0.01m) which were 12 months or
more in arrears.
Savings – Retail share and deposit balances reduced by
6.4% in 2010 to £330m, reflecting the reduction in loans and advances. However,
the Group continues to be largely funded by retail shares and deposits, with
only 7.1% of total shares and borrowings obtained from the wholesale markets
(2009: 6.9%) at the year end.
Melton Mowbray Building Society Directors
Executive Directors – M J Reason, J P Mulvey,
Non Executive Directors – R D Wood, R V N Jones, N J
Townsend, D J Wood, R H Clegg
Membership Numbers – The Melton Mowbray Building
Society has 4,905 borrowing members and
45,729 investing (saving) members.
Other information – website mmbs.co.uk.
