Melton Building Society

Melton Building Society
Company typeBuilding Society (Mutual)
IndustryBanking
Financial services
Founded1875
Headquarters
Melton Mowbray
,
England
Number of locations
5[1]
Key people
Simon Taylor (chief executive)
ProductsSavings, Mortgages, Insurance and Financial Advice
£13.2m (2022)
Total assets£714 million GBP (December 2022)
Number of employees
141[2]
SubsidiariesMBS Lending Ltd, Nexa Finance Ltd, MMBS Services Ltd
Websitewww.themelton.co.uk

The Melton Building Society is a building society based in Melton Mowbray, Leicestershire in the East Midlands. It was established in 1875 and is one of the oldest surviving building societies in the United Kingdom with over 65,000 members. It provides mortgages, savings, insurance and investment products from its principal office and three branches in Melton Mowbray, Oakham and Grantham. The society has a subsidiary, named MBS Lending Limited, which provides mortgage finance to customers who do not meet the criteria to become society members and accounts for approximately 14% of total outstanding loans (December 2015).

Melton Building Society is a mutual organisation owned by its more than 40,000 members.[3] The Society is a member of the Building Societies Association.

References

  1. ^ http://www.themelton.co.uk/branch-finder/%7CFind your nearest branch
  2. ^ "Melton Building Society reports rising profits - Grantham Journal". Archived from the original on 1 April 2016. Retrieved 30 March 2016.
  3. ^ "About the Melton | an Independent and Mutual Building Society : The Melton Building Society".


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