Hanley Economic Building Society Profile and History |
Originally Established as the Staffordshire Potteries Economic Permanent Benefit Building Society in October
1854. In 1930 the decision was made to shorten the name to Hanley Economic Building Society. Head Office Hanley Economic Building Society Granville
House Festival Park. Hanley, Stoke-on-Trent ST1 5TB Tel 0800 542 8790 Branches, Festival Park (head office), 5 Lamb Street,
Hanley, ST1 1PF 93 The Strand, Longton, Stoke-on-trent, ST3 2NS 83
High Street, Newcastle-under-Lyme, Staffordshire, ST5 1PS 1 Mill Court, Mill Street, Stone,
Staffordshire, ST15 8BF
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Hanley Economic Building Society Directors Remuneration year ended 31/08/2011 |
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Hanley Economic had a maximum of 5 over the year |
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429,000
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Financial Results year ended 31 August 2011. |
Net mortgage lending increased by £24.5 million and at the end of the year 0.49% of mortgage loans
were 3 months or more in arrears. (14 out of 2866 mortgages). Retail savings balances reduced by 6.1%
Management
expense ratio increased to 1.06% from 1.03%.
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Hanley Economic Building Society Financial Results year ended 31 August 2010 |
The Hanley Economic Building Society made a profit after tax of £727,000. During the year one
property was taken into possession and under 0.66% of mortgages were 3 months or more in arrears and only 3 mortgages were
12 months or more in arrears. In total 66 of 3,043 mortgages had arrears.
Management expense ratio dropped to 1.03%
from 1.06%.
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Hanley Economic Building Society Financial Results year ended 31 August 2009 |
The Hanley Economic Building Society made a profit after tax of £963,000 this included a provison
for the fscs levy of £635,000 and a provision for bad debts of £1,838,000.
During the year one property
was taken into possession and under 1.5% of mortgages were 3 months or more in arrears.
Management expense ratio
dropped to 1.06% from 1.10%.
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Hanley Economic Building Society Financial Results year ended 31 August 2008 |
The Hanley made a profit after tax of £1,130,000 |
Hanley Economic Building Society Product Range |
For savers the Hanley offers a regular savings account, cash ISA, branch saver, instant access account,
child trust fund, and a couple of notice accounts. The mortgages on offer include 2 year discount mortgage, standard variable
rate mortgage and first time buyer mortgages. Hanley also offer travel insurance, home and contents insurance as well as life
assurance and income protection.
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