Swansea Building Society
| Company type | Building Society (Mutual) |
|---|---|
| Industry | Banking Financial services |
| Founded | 6 February 1923 |
| Headquarters | Swansea, Wales, UK |
Key people | Stephen Maddock, Non-Executive Chairman; Alun Williams, Chief Executive; Nathan Griffiths, Director of Finance; Catherine Griffiths, Director of Risk and Compliance |
| Products | Savings, Mortgages, Loans |
| £6.2m GBP (December 2023), 14.9% on 2022 | |
| Total assets | £607.0m GBP (December 2023), 14.5% on 2022 |
Number of employees | 80 |
| Website | www |
The Swansea Building Society, is an independent mutual building society based in Swansea, Wales. It is a member of the Building Societies Association.
History
The Society was founded by local estate agent John Oliver Watkins in February 1923.[1]
Swansea Building Society benefited from the Icelandic financial crisis in 2009, as local savers looked to invest in a safer institution. The society opened a new branch outside Swansea city centre for the first time in its history.[2] In May 2010, the society launched a savings account in partnership with Swansea City A.F.C., earning the club additional revenue through commission.[3]
References
- ^ "Son of Swansea Building Society Founder". The Western Mail. Retrieved 23 May 2020.
- ^ "Building society profits from Icelandic crash". South Wales Evening Post. 29 April 2010. Retrieved 5 July 2010.
- ^ "Swansea Building Society". Swansea City Football Club. Retrieved 5 July 2010.