Chorley Building Society Explained

Chorley Building Society
Type:Building Society (Mutual)
Industry:Banking
Financial services
Predecessor:-->
Successor:-->
Foundation:7 March 1859
Founders:-->
Location City:Chorley
Location Country:England
Locations:3[1]
Area Served:United Kingdom
Key People:Chief Executive - Stephen Penlington
Products:Savings, Mortgages and Insurance
Assets: £238.1 million GBP (February 2019)
Owner:-->
Num Employees:59
Members:27 123 (February 2019)[2]

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.

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.

External links

Notes and References

  1. http://www.chorleybs.co.uk/contactus.html
  2. https://thebanks.eu/banks/14320 Company Profile: The Chorley and District Building Society