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.

Loughborough Building Society
TypeBuilding Society (Mutual)
IndustryBanking
Financial services
Founded1867
HeadquartersLoughborough, England
Number of locations
5[1]
ProductsSavings, Mortgages, Investments
Total assets£287 million GBP (October 2014)
Number of employees
55
Websitewww.theloughborough.co.uk

The Society was founded by local businessmen in 1867 as the Loughborough Permanent Investment, Land and Building Society, 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, the others being Earl Shilton, Hinckley & Rugby, Market Harborough, and Melton.

As of 2023, the Society maintains four branches: in Loughborough, Derby, Long Eaton, and Anstey. There is also an agency in Southwell.[1]

References
  1. The Loughborough Building Society Branch Finder
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