Buckinghamshire Building Society reports strong year

Michael Lloyd

March 26, 2018

Buckinghamshire Building Society has reported growth in mortgage lending of 6%, resulting in a total mortgage book of £189m.

Savings balances also grew 3.4% with total deposits of £207m, resulting in a total balance sheet of £241m.

Andrew Craddock, Buckinghamshire Building Society chief executive, said: “I am pleased to report another year of excellent progress with profits of £1.1m– strong growth in mortgages, an increase in savings balances and further strengthening of our financial position. “

“This has meant that we can remain true to our mutual status and allocate a proportion of our profit to re-investing in the Society, supporting the local community with our charitable donations and continuing to provide our members with a service that we are proud of.

“Our donation from our Charitable Foundation Fund is each year chosen by our members. This year  Macmillan Nurses will  receive a cheque of £7000 at our AGM.”

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