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Shepshed Building Society dates back to 1879. The Head Office Shepshed Building Society,
Bull Ring, Shepshed, Leicestershire, LE12 9QD.
They currently
have branches at -
Loughborough Branch - 9 Churchgate Mews, Biggin
Street, Loughborough, Leicestershire, LE11 1TZ.
Ruddington Branch
- 33 High Street, Ruddington, Nottingham, Nottinghamshire, NG11 6DW.
They
offer a number of products including
Mortgages- Standard Variable
Rate (SVR), Two Year Discount Mortgage (3% below SVR for 2 years), Buy to let Mortgages and Homebuyer Direct Mortgages.
Savings Accounts-Instant Access Account, Tracker Instant Access
Account, 28 Day Share Account, 90 Day Share Account, 120 Day Share Account, Sapphire 50+ Account, Childs Star Account, Fixed
Rate Bonds, ISA Account, Postal Account and Child Trust Fund.
For
the year ended 31/12/2010 The Financial Results for Shepshed Building Society were 2009 figures in (brackets)
Profit after tax £244,000 (£168,000) Assets £88,524,000 (£93,236,000)
Executive
Directors Pay £231,000 (£220,000)
Non Executive Directors
Pay £96,000 (£70,000)
During the year the Shepshed
Building Society saw total gross mortgage balances decrease to £64.4 million (£69.4 million) and provisions for
bad debts was £497,000. Savings account balances dropped to £69 million (£74.8 million). There were 12 mortgage
accounts with 12 months or more arrears with total outstanding balances of £1,231,255 and arrears of £89,882.
Management expenses as a percentage of mean total assets was
1.39%.
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