Cumberland Building Society
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 10th largest in the United Kingdom based on total assets of £2.5 billion as at 31 March 2018.[1] The first branch was opened 100 miles south of Cumberland in Preston, Lancashire. It is a member of the Building Societies Association.
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Building society (mutual) | |
Industry |
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Founded | 1850 |
Headquarters | Carlisle, England, UK |
Number of locations | 34 |
Key people | Des Moore (chief executive) |
Products | |
£11.4 million GBP (March 2019) | |
Total assets | £2.57 billion GBP (March 2019) |
Number of employees | Over 500 |
Website | www.cumberland.co.uk |
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 Agents Ltd, and Borderway Finance.
Other than Nationwide Building Society, Cumberland is the only other society to offer a full current account service with ATMs, Visa cards and Internet Banking. It also offers fee-free foreign currency transactions. In 2014 the Cumberland became the first UK building society to offer a mobile payments service linked to a mobile phone number, called Pay2Mobile. It became part of the national Paym mobile payments service later that year.[2]
Branch locations
Ambleside, Annan, Appleby-In-Westmorland*, Aspatria, Barrow-in-Furness*, Brampton*, Carlisle*, Cleator Moor, Cockermouth*, Dalston, Dumfries*, Egremont, Gretna, Haltwistle, Kendal*, Keswick*, Lancaster*[3] Langholm, Lockerbie, Longtown, Maryport, Penrith*, Preston*, Silloth, Ulverston*, Whitehaven*, Wigton, Windermere, Workington*,
- * Denotes estate agents as well
External links
References
- Cumberland Building Society annual review (PDF File)
- "Cumberland Ready For National Mobile Payments Service Launch". Cumberland Building Society. 21 March 2014. Archived from the original on 23 April 2014.
- "Cumberland opens in Lancaster". Cumberland Building Society. 21 January 2013. Archived from the original on 2 November 2013.