Cumberland Building Society

The Cumberland Building Society was established on 16 April 1850 as the Cumberland Co-operative Land and Benefit Building Society. It has its headquarters in Carlisle, Cumbria, England. It is the 10th largest in the United Kingdom based on total assets of £2.5 billion as at 31 March 2018.[1] The first branch was opened 100 miles south of Cumberland in Preston, Lancashire. It is a member of the Building Societies Association.

Cumberland Building Society
Building society (mutual)
Industry
Founded1850
HeadquartersCarlisle, England, UK
Number of locations
34
Key people
Des Moore (chief executive)
Products
£11.4 million GBP (March 2019)
Total assets£2.57 billion GBP (March 2019)
Number of employees
Over 500
Websitewww.cumberland.co.uk

The society offers a range of products including: savings accounts; mortgages; investment accounts; loans and further loans; financial services; insurance products; lending to commercial enterprises, through the Commercial Lending division; and Internet Banking.

The society owns several subsidiary companies, including Cumberland Estate Agents Ltd, and Borderway Finance.

Other than Nationwide Building Society, Cumberland is the only other society to offer a full current account service with ATMs, Visa cards and Internet Banking. It also offers fee-free foreign currency transactions. In 2014 the Cumberland became the first UK building society to offer a mobile payments service linked to a mobile phone number, called Pay2Mobile. It became part of the national Paym mobile payments service later that year.[2]

Branch locations

Ambleside, Annan, Appleby-In-Westmorland*, Aspatria, Barrow-in-Furness*, Brampton*, Carlisle*, Cleator Moor, Cockermouth*, Dalston, Dumfries*, Egremont, Gretna, Haltwistle, Kendal*, Keswick*, Lancaster*[3] Langholm, Lockerbie, Longtown, Maryport, Penrith*, Preston*, Silloth, Ulverston*, Whitehaven*, Wigton, Windermere, Workington*,

  • * Denotes estate agents as well

References
  1. Cumberland Building Society annual review (PDF File)
  2. "Cumberland Ready For National Mobile Payments Service Launch". Cumberland Building Society. 21 March 2014. Archived from the original on 23 April 2014.
  3. "Cumberland opens in Lancaster". Cumberland Building Society. 21 January 2013. Archived from the original on 2 November 2013.
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