Cumberland Building Society

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Cumberland Building Society
Type Building Society (Mutual)
Industry Banking and Financial Services
Founded 1850
Headquarters Carlisle, England, UK
Key people Kevin Parr, Chief Executive
Products Savings, Mortgages, Investments,
Loans, Financial Services, Insurance
Net income £6.0 million GBP (March 2008), 4.8% on 2007
Total assets £1.5 billion GBP (March 2008), 14.9% on 2007
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 £1.5 billion as at 31 March 2008.[1] Ironically, for a building society based in what was then Cumberland, 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.

The Cumberland is one of only a handful of societies in the UK to offer a full current account service with ATMs, Visa cards and Internet Banking.

Branch locations

Ambleside, Annan, Appleby-In-Westmorland*, Aspatria, Barrow in Furness*, Brampton*, Carlisle*, Cleator Moor, Cockermouth*, Dalston, Dumfries*, Egremont, Gretna, Haltwistle, Kendal*, Keswick*, Lancaster*[2] Langholm, Lockerbie, Longtown, Maryport, Penrith*, Preston*, Silloth, Ulverston*, Whitehaven*, Wigton, Windermere, Workington*,

  • * Denotes estate agents as well

External links

References


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