Welcome
Catholic Building Society is an independent mutual Building Society, owned by its Members and run for their long-term benefit.
The Society was formed to help people and this can best be accommodated within a mutual organisation. The Society has provided a safe and secure home for its Members investments for 46 years, whilst offering competitive rates of interest.
We have over £40m of assets and a strong financial position. When the Society first set down our objectives and guiding principles, these were all focused on helping first-time buyers, many of whom were on low incomes, and to give single women and widows an equal opportunity to buy their own home. In the 1960's this was virtually unheard of. We maintain sufficient reserves to safeguard Members’ funds and reflect our financial strength.
Savings
Our principal objective is to provide competitive savings and investment products which offer excellent value for our Members. Our Accounts include ones which give Members an opportunity to support worthy causes.
Mortgages
We strive to help all prospective Borrowers to buy a home of their own, including those who find it difficult to obtain mortgage facilities elsewhere.
Currently about one-third of our borrowers are women, much higher than the industry average. Our policy today remains unchanged and at the Catholic Building Society we draw great satisfaction from actually achieving what we set out to do, to the benefit of thousands of families across the country.
We believe that mutuality continues to bring benefits because:
- It gives us an ability to pay and charge competitive interest rates as we have no dividends to distribute to external shareholders.
- We are able to concentrate on the needs of our Members and not be distracted by short term pressures from the City.
- We offer a personal service based on a thorough understanding of our Members' needs.
You are very welcome to join us – please take some time to look through the following pages to see what we offer that may be of interest to you.
Why not visit the News page to read our newsletters, the About us page to view our Ethical Policy, or find out how to Contact us and where we are based.
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