Leek United Building Society News & Imformation.

November 2012 -  Leek Building Society have a 2 year fixed rate bond offering savers 3.00% tax free.

Leek United Building Society.

The Leek United Permanent Benefit Building Society was established in 1863, the name was changed to Leek United & Midlands Building Society in 1919 and to Leek United in 1990. Head office address is Leek United Building Society, 50 St. Edward Street, Leek, Staffordshire ST13 5DL.

They have  branches at Ashbourne, Cheadle, Congleton, Derby, Hanley, Leek - Derby St, Leek - St Edward Street, Macclesfield, Market Drayton, Newcastle, Oakengates and Uttoxeter.

They offer a number of products including

Mortgages- Fixed Rate Mortgages, Tracker Mortgages, Buy to Let 2-year Fixed Rate Mortgages, 3-year Fixed Rate Mortgages and 3 Year Tracker Mortgage.

Savings Accounts-Fixed Term Bonds, Instant Access & Notice Savings Accounts, Cash ISA Tax free savings accounts and savings accounts for children.

Insurance-Home Contents & Buildings Insurance and Life Insurance from Legal & General.

For the year ended 31/12/2010 The Financial Results for Leek United Building Society were 2009 figures in (brackets)

Profit £2,536,000 (£2,752,000)

Assets £763,796,000 (£735,321,000)

Executive Directors Pay £282,000 (£281,000)

Non Executive Directors Pay £104,000 (£124,000)

During the year share balances and retail savings increased by £65 million and gross mortgage lending was £84 million as against £60 million in 2009. Less than 0.18% of borrowers were 3 months or more in arrears. Only 1% of the funding required was wholesale funding.

Management expenses as a percentage of mean total assets dropped to 0.79% from 0.80% the previous year.

leek building society.