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Monmouthshire Building Society Cymdeithas Adeiladu'r Sir Fynwy
Company type
Building Society (Mutual)
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
Net income
£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.monbs.com
Monmouthshire Building Society (Welsh: Cymdeithas Adeiladu'r Sir Fynwy) 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 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]
^Company Profile: Monmouthshire Building Society
^"Community". www.monbs.com. Retrieved 30 June 2015.
^"Sale of Monmouthshire Insurance Services Ltd to Thomas Carroll Group Ltd". mis.co.uk. 1 April 2016. Retrieved 2 April 2016.
^"About Us | Monmouthshire Building Society | Monmouthshire Building Society". www.monbs.com. Retrieved 6 October 2019.
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