Loughborough Building Society
The Loughborough Building Society is a UK-based financial services provider headquartered in Loughborough, Leicestershire. In 2014 it had reported assets of about £287 million.
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| Building Society (Mutual) | |
| Industry | Banking and Financial Services |
| Founded | 1867 |
| Headquarters | Loughborough, England, UK |
Number of locations | 5 |
| Products | Business Savings, Mortgages, Investments |
| Total assets | £287 million GBP (October 2014) |
Number of employees | 55 |
| Website | www.theloughborough.co.uk |
The Society was founded by local businessmen, in 1867, as 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. Earl Shilton, Hinckley & Rugby, Loughborough, Market Harborough, Melton.
Currently the Society maintains three branches of its own, in the town of Loughborough, in Derby and in Long Eaton, Notts., and it operates via agencies in West Bridgford and Southwell.