Chorley Building Society

The Chorley and District Building Society is a British building society based in Chorley, Lancashire, England. It is a member of the Building Societies Association.

Chorley Building Society
TypeBuilding Society (Mutual)
IndustryBanking
Financial services
Founded7 March 1859
Headquarters,
Number of locations
3[1]
Area served
United Kingdom
Key people
Chief Executive - Stephen Penlington
ProductsSavings, Mortgages and Insurance
Total assetsIncrease £238.1 million GBP (February 2019)
Members27 123 (February 2019)[2]
Number of employees
59
Websitechorleybs.co.uk

The society has three branches, located on Foxhole Road and High Street in Chorley, and on Towngate in Leyland.

History

Chorley and District Building Society is the oldest building Society in Lancashire. It became established on 7 March 1859 and was originally called The Chorley Permanent Benefit Building Society. It was created to help mill workers buy their homes. In those early days the Society only met once a month, when the subscriptions were collected. The Society became incorporated under the Building Society's Act on 6 August 1874. The original name was then changed to The Chorley (£60 Shares) Permanent Benefit Building Society on 17 February 1897.

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.