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Company type | Building Society (Mutual) |
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Industry | Banking Financial services |
Founded | 23 January 1869 |
Headquarters | Newport, Wales, UK |
Number of locations | 29 |
Key people | Will Carroll, Chief Executive Officer |
Products | Savings, Mortgages |
£6.4 million GBP (April 2016) | |
Total assets | £1,047.9 million GBP (April 2016) |
Members | 70,860 (November 2016) [1] |
Number of employees | 145 |
Website | www |
Monmouthshire Building Society is a building society based in Newport, Wales. The society provides several building society services including a range of mortgage and savings products, insurance, financial planning, legal services, and funeral plans, some of which are provided via third-party companies.
The society is a founding member of the Building Societies Association and Council of Mortgage Lenders, as well as a member of the Financial Services Compensation Scheme.
It is a mutual organization which operates through a network of branch and agency offices, covering the M4 corridor from Chepstow in the east to Swansea in the west.
It also operates the Monmouthshire Building Society Charitable Foundation, which supports charities and other social initiatives.[2]
The society had a subsidiary company named Monmouthshire Insurance Services, which was a commercial insurance broker. It was sold to Thomas Carroll Group Ltd. on 1 April 2016.[3]
The society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Authority. Its Financial Services Register Number is 206052.[4]