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Bath Building Society can trace its origins back to 1904. It was founded as an Investment
Society which used members investments to buy property to rent and it became a Building Society in the 1950s. Head office
address is Bath Building Society, 15 Queen Square, Bath, BA1 2HN.
They
have branches at Bath- 3 Wood Street Bath, BA1 2JQ, Oldfield Park- 12/13 Moorland Road, Oldfield Park,
Bath, BA2 2PL, Twerton- 88 The Parade, High Street, Twerton, Bath, BA2 IDE, Larkhall- 1 Beaufort Place, Bath. BA1 and
Combe Down 1 Avenue Place, The Avenue, Bath. BA2 5EE.
Bath Building
Society offers a number of products including
Mortgages-Residential
Mortgages, Parental Assistance Mortgage Scheme (PAMS), Buy for Uni (Mortgages for University Students), Buy To Let Mortgages
and Mortgages for Holiday Lets.
Savings Accounts-Tax Free Cash
ISA Savings Accounts, Children's Savings Accounts, Fixed Rate Bonds, Notice Accounts, Postal Accounts and Tracker Savings
Accounts.
For the year ended 31/12/2010 The Financial Results
for Bath Building Society were 2009 figures in (brackets)
Profit
£908,000 (£687,000)
Assets £246,110,000 (£251,839,000)
Executive Directors Pay £243,422 (£237,746)
Non Executive Directors Pay £95,632 (£93913)
Mortgage balances rose during the year to £179.5 million from £172.8 million with
one property being repossessed and the level of arrears increasing to £148,827.
Management expenses as a percentage of mean total assets dropped to 1.33% from 1.41% the previous year.
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