Chorley Building Society Latest News
15.01.2010 Chorley Building Society Instant Access Savings Account 0.10%
16.04.2009 Chorley announces a loss for the year of £1,494,461 and having increased non executive fees by 15% last year want to increase them again this year. Hope members vote against this one at the AGM.

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    Chorley Building Society Profile and History
    Established 7/03/1859 as the Chorley Permanent Benefit Building Society.On the 6th February 1933 the name was changed to the Chorley and District Building Society.
     
    Head Office
    Chorley Building Society
    Key House
    Foxhole Road
    Chorley
    PR7 1NZ
     
    Branches
    28/30 High Street, Chorley, PR7 1DW
    153/155 Towngate, Leyland. PR25 1LH
     
     

    Chorley Building Society Financial Results for year ended 02/02/2009
    Chorley Building Society made a loss after tax of  £1,494,461. This was after a provision of £161,000 for the fscs levy and £2,042,801 on losses through exposure to landsbanki. Provisions for other bad and doubtful debts was £345,000 (2007 £95,096).
     
    13 mortgages were 6 months or more in arrears at the year end. The average loan to value of the mortgage book was less than 39%. One property was in possession at the year end.
     
    Share balances grew 6.66% during the year.

    Chorley Building Society Directors Salaries and Remuneration
     
    Salary
    Bonus
    Benefits
    Pension Contribution
    Total
    S.Penlington
    103,774
    -
    100
    12,012
    115,886
    Chorley Non Executive Directors Fees

    70,478

         
    70,478
    Total
           

    186,364

    Chorley Building Society Product Range
    Chorley Building Society provides savings, mortgages and insurance. The savings accounts on offer include instant access savings accounts, regular savers, notice accounts, postal accounts, isas, and medium term savings accounts.Chorley also offers a comprehensive range of mortgages as well as buildings, contents and unemployment insurance.

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