The Melton Building Society

The Melton Building Society
Building Society (Mutual)
Industry Banking and Financial Services
Founded 1875
Headquarters Melton Mowbray, England
Number of locations
 3 [1]
Key people
 Chief Executive - Martin Reason
Products Savings, Mortgages, Insurance and Financial Advice
£5.3m (2015)
Total assets £389 million GBP (December 2015)
Number of employees
 87 [2]
Subsidiaries MBS Lending Ltd
Website www.themelton.co.uk

The Melton is a building society based in Melton Mowbray, Leicestershire in the East Midlands. The Melton was established in 1875 and is one of the oldest surviving building societies in the United Kingdom with over 65,000 members. It provides mortgages, savings, insurance and investment products from its principal office and three branches in Melton Mowbray, Oakham and Grantham. The society has a subsidiary, named MBS Lending Limited, which provides mortgage finance to customers who do not meet the criteria to become society members and accounts for approximately 14% of total outstanding loans (December 2015).

The Melton is a mutual organisation owned by its more than 40,000 members.[3] The Society is a member of the Building Societies Association.

References

  1. ↑ http://www.themelton.co.uk/branch-finder/|Find your nearest branch
  2. ↑ http://www.granthamjournal.co.uk/news/local/melton-building-society-reports-rising-profits-1-7302780
  3. ↑ http://www.themelton.co.uk/about-us/


This article is issued from Wikipedia - version of the 10/10/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.