Teachers Building Society Information.  

Head Office – Teachers Building Society, Allenview House, Hanham Road, Wimborne, Dorset, BH21 1AG. Tel 01202 843500

Branch Offices – None

Teachers Building Society Products

Savings Accounts – Savings Accounts include Regular Saver, Reward Saver(variable account offering an attractive interest rate with a bonus for the first year), Cash ISA, Charity Saver, Easy Access, Fixed Rate Bonds and a flexible deposit account, designed to provide a return on surplus funds held by clubs, charities and associations.

Mortgage Accounts -2 year discounted variable rate mortgage,  3 year fixed rate Home-Buy Direct mortgage (one of only a few lenders to support this scheme, which provides eligible applicants with an interest free equity loan), Fixed Rate Mortgages , Buy-to-Let- Mortgages and Variable Rate Mortgages.

Insurance – Legal & General Home Contents & Buildings Insurance, Buy-to-let Landlords Insurance and Legal & General Life Insurance and also Legal & General Over 50 Life Insurance.

Others – Tax Planning and Financial Planning

Teachers Building Society Financial Results Year Ended 31/12/2010

For the year profit after tax of £397,000 (£306,000).

Mortgage Lending – Mortgage advances totalled £14.81m (2009: £16.16m). Overall, arrears outstanding on all accounts improved over the year, falling from £67,000 at 31 December 2009 to £53,000 at 31 December 2010. More serious arrears worsened very slightly: at the year-end 3 accounts (2009: 2) were 12 months or more in arrears. The balances on these accounts totalled £308,000 (2009: £126,000) and the arrears totalled £16,000 (2009: £8,000).

Savings – Total assets decreased by 7.2% from £257.36m to £238.89m.

Teachers Building Society Directors

Executive Directors – J J Bawa, S E Gorham, K A Flaherty.

Non Executive Directors – K F Richardson, M H Percy, M J Reed, R J Spragg

Other information – website teachersbs.co.uk.