Profile and History of Buckinghamshire Building Society
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Founded in 1907 Head Office Buckinghamshire Building Society High Street Chalfont
St Giles Bucks HP8 4QB Tel
01494 879500
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Directors Remuneration 2011
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2,000
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12,000
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Maximum 8 Non Executive Directors
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Buckinghamshire Building Society Product Range
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The Buckinghamshire offers a range of products. For savers they offer a selection
of savings accounts including Isas, Chiltern Gold notice and easy access savings accounts and sometimes fixed rate bonds.
On the Mortgage front they offer a range of mortgage products and can also offer household insurance.
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Financial Results year ending 31/12/2011
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Buckinghamshire made a profit after tax of £1,031,000,000 as
against £351,000 the year before this was after a provisions of £94,000.
The Society saw a growth in assets of £3m or 1.7%. During 2011, the Society achieved a significant
increase in small business, charity and pension fund customers, and also increased its range of accounts for children including
a new Junior Cash ISA. Regular savings accounts and fixed term bonds continue to be popular with new and existing customers.
At the year end the Society had no properties in possession and no loans more than 12 months in arrears.
Management expenses % of mean assets fell to 0.89% from 0.94% the previous year.
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Financial Results year ending 31/12/2010
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Buckinghamshire made a profit after tax of £351,000 as against £95,000
the year before this was after a provisions of £24,000. During
the year savers balances grew by 22.4% helped by the development of a range of fixed rate bonds. Mortgage balances also grew
by 8.57% and arrears were down by 67%.
Management expenses % of mean assets fell to 0.94% from 1.04% the previous
year.
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Financial Results year ending 31/12/2009
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Buckinghamshire made a profit after tax of £95,000 as against £48,000
the year before this was after a provision of £59,000 for the fscs levy. Mortgage balances increased by 3.25%
Wholesale
funding reduced by 15.8%
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Financial Results year ending 31/12/2008
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Buckinghamshire made a profit after tax of £48,000 as against £353,000
the year before this was after a provision of £158,000 for the fscs levy. During the year one property was taken into possession and
was sold with no loss to the society and at the year end the society had no properties in possession and the overall arrears
position remained very satisfactory. Mortgage Balances rose to £113.78 million up from £97.35 million Share Balances of £125.72 million up from £116.56
million
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