About Us
The Catholic Building 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 40 years, whilst offering competitive rates of interest.
The Board continues to follow the strategy that the Catholic Building Society should remain mutual and independent in order that it may serve existing and future generations.
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.
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 - look through the following pages to see what products we offer that may be of interest to you.
Ethics what they mean to us!
Besides the obvious factors concerning ethical savings and investments we believe it also means helping people through:
- excellent personal service;
- assisting those of modest means to own their own homes;
- supporting charities involved with social housing and homelessness issues.
We have published an ethical policy which clearly sets out our Vision, Mission and values as well as the broader policies we employ reaffirming our position as an ethical financial organisation.
View the Society’s Ethical Policy - PDF document 94k
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