Monmouthshire Building Society is a building society based in Newport, Wales. The society provides several building society services including a range of mortgage and savings products, insurance, financial planning, legal services, and funeral plans, some of which are provided via third-party companies.
It is a mutual organization which operates through a network of branch and agency offices, covering the M4 corridor from Chepstow in the east to Swansea in the west.
It also operates the Monmouthshire Building Society Charitable Foundation, which supports charities and other social initiatives.[2]
The society had a subsidiary company named Monmouthshire Insurance Services, which was a commercial insurance broker. It was sold to Thomas Carroll Group Ltd. on 1 April 2016.[3]
The society was formed in January 1869 as the Monmouthshire and South Wales Permanent Investment Benefit Building Society. Five of the original board of directors went on to become mayors of Newport.
In 1890, the operations were moved to new offices in Friars Chambers, Dock Street, where the Head Office stands today, although the development of John Frost Square means the offices have been rebuilt. The Society's name has been shortened over the years; the most recent name change coincided with the Society's centenary in 1969.