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词条 Teachers Building Society
释义

  1. History

  2. Mutuality

  3. Products & Services

  4. Financial performance

  5. Key people

  6. References

  7. External links

{{Multiple issues|{{primary sources|date=June 2008}}{{advert|date=August 2017}}
}}{{Infobox company
| name = Teachers Building Society
| logo = Teachers BS logo.png
| type = Building Society (Mutual)
| foundation = 1966
| location = Wimborne, Dorset, England.
| num_employees = Around 50
| industry = Banking and Financial Services
| products = Mortgages, Savings, Insurance
| homepage = {{url|http://www.teachersbs.co.uk/}}
}}Teachers Building Society is a mutual British financial institution founded in 1966 by the National Union of Teachers (now the National Education Union). It is a member of the Building Societies Association.[1]

The Society offers mortgages which are available to teachers across England, and Wales as well as individuals of any profession in Dorset, Hampshire and Wiltshire. It also offers personal and corporate savings accounts which are available nationally.

History

Teachers Building Society was formed in 1966 when the National Union of Teachers acquired the London Scottish Building Society in order to help its teacher members onto the property ladder.

The Society offered low deposit mortgages from day one in an effort “to assist the younger teacher as far as possible.” Today, the Society continues to offer mortgages to teachers and other education professionals across England and Wales.

The Teachers Building Society offices were originally based at Hamilton House in Bournemouth, Dorset. In 1976, the Society moved to Allenview House in Wimborne where it has remained ever since.

Mutuality

Teachers Building Society is a mutual organisation run for the benefit of its members, and all profits are invested back into the Society’s business rather than paying dividends to shareholders.

For the Society’s estimated 11,300 members, this mutual status means that they are able to challenge and change the way that the business operates and shape the future of the Society.[2]

Products & Services

The Society mortgage options to support the education sector.

It also offers savings options, including ISAs, Fixed Rate Bonds and easy access accounts as well as accounts for businesses, charities and institutions supporting the education sector.

Alongside its own product range, the Society has partnered with Legal & General to provide home insurance.

Teachers Building Society has been nominated for 'Best Local Building Society' for 6 years in a row at the What Mortgage Awards, finalists in the Rock Awards and finalists in the Moneyfacts’ Regional Lending Provider of the Year.[3]

Financial performance

In 2016, the Society’s profit for the year before tax was £621k and mortgage assets grew to £219.2m.[4]

The Society continued to maintain a healthy liquidity position with a total liquidity ratio of 20.2% (2015: 24.6%).[5] It also continued to experience historically low levels of arrears.[6]

Key people

  • Julie Nicholson – Chair[7]
  • Simon Beresford – Chief Executive
  • Patrick Jarman – Legal Director
  • Paul Marsden – Interim Finance Director
  • Ian Grayson – Non-Executive Director
  • Andrew Lee - Non-Executive Director
  • Alexandra Pike - Non-Executive Director
  • Paul Winter – Non-Executive Director

References

1. ^{{cite |title=Teachers Building Society member of BSA|url=https://www.bsa.org.uk/the-bsa/member-details/teachersbuildingsociety|accessdate=31 August 2017}}
2. ^{{cite |title=Corporate Social Responsibility|url=http://www.teachersbs.co.uk/about-us/corporate-social-responsibility|accessdate=31 August 2017}}
3. ^{{cite |title=TBS - Mutually Yours Review 2016|url=http://www.teachersbs.co.uk/docs/default-source/agm-documents/mutually-yours-review-2017-for-web.pdf?sfvrsn=0|accessdate=31 August 2017}}
4. ^{{cite |title=Corporate Social Responsibility|url=http://www.teachersbs.co.uk/about-us/corporate-social-responsibility|accessdate=31 August 2017}}
5. ^{{cite|title=Annual Report and Accounts|url=http://www.teachersbs.co.uk/docs/default-source/agm-documents/agm-report-accounts-2017.pdf?sfvrsn=0|accessdate=31 August 2017|agency=TBS}}
6. ^{{cite |title=Corporate and Social Responsibility|url=http://www.teachersbs.co.uk/about-us/corporate-social-responsibility|accessdate=31 August 2017}}
7. ^{{cite |title=TBS - About Us|url=http://www.teachersbs.co.uk/about-us|accessdate=31 August 2017}}

External links

  • {{official website|http://www.teachersbs.co.uk}}
  • Financial information
{{UK Building Societies}}{{National Union of Teachers}}{{UK-bsoc-stub}}

3 : Building societies of England|Organizations established in 1966|1966 establishments in the United Kingdom

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