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