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Loughborough Building Society
Company type
Building Society (Mutual)
Industry
Banking Financial services
Founded
1867
Headquarters
Loughborough, England
Number of locations
5[1]
Products
Savings, mortgages, investments, insurance
Total assets
£533 million GBP (Oct 2023)
£287 million GBP (Oct 2014)
Number of employees
85 (2023)
Website
www.theloughborough.co.uk
The Loughborough Building Society is a UK-based financial services provider headquartered in Loughborough, Leicestershire.[2] In 2023 it reported assets of about £533 million.[3]
The Society was founded by local businessmen in 1867[2] as the Loughborough Permanent Investment, Land and Building Society, one of the new 19th century ‘permanent’ building societies. Unlike the original building society model, which had arisen in the English Midlands in the 1770s, these new societies were open to new members on an ongoing basis and not intended to terminate once each original member had purchased a house.
It is one of the five building societies based in Leicestershire, the others being Earl Shilton, Hinckley & Rugby, Market Harborough, and Melton.
As of 2023, the Society maintains four branches: in Loughborough, Derby, Long Eaton, and Anstey. There is also an agency in Southwell.[1]
^ abThe Loughborough Building Society Branch Finder
^ ab"Loughborough Building Society". Financial Conduct Authority Mutuals Register. Retrieved 13 March 2024.
^"2023 Annual Report" (PDF). theloughborough.co.uk. Retrieved 13 March 2024.
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