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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.
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