Leek United Building Society Financial Results year ended 31/12/2010
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Leek United made a profit after tax of £2,536,000 as against £2,752,000, the year before.
This figure was after a payment to the financial sevices compensation scheme levy of £245,000 and a provision for bad
debts of £287,000.
Gross mortgage lending during the year was £84 million and mortgage arrears
of 3 months or more was 0.18%. Balances of savers increased by £65 million during the year.
Management expense
ratio was 0.79% (0.80% 2009)
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Leek United Building Society Financial Results year ended 31/12/2009
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Leek United made a profit after tax of £2,752,000 as against £1,514,000 the year before. This
figure was after a payment to the financial sevices compensation scheme levy of £320,000 and a provision for bad debts
of £91,000.
During the year one property was repossessed and mortgage arrears of 3 months or more was 0.27%
Management expense ratio was 0.8% (0.78% 2008)
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Leek United Building Society Financial Results year ended 31/12/2008
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Leek United made a profit after tax of £1,514,000 as against £2,974,000 the year before. This
figure was after a payment to the financial sevices compensation scheme levy of £682,000 and an increase in provision
for bad debts of £235,000 (£191,000: 2007)
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Leek United Building Society Profile and History
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The Leek United Permanent Building Society was established in 1863. In 1919 the name was changed to Leek
United and Midlands Building Society. In1990 the name was changed to the Leek Building Society. Head Office Leek United Building Society 50 St Edward
Street Leek Staffordshire ST13
5DL Tel 01538 384151 Branches Leek currently has 12 located in Ashbourne, Cheadle, Congleton, Derby, Hanley, Leek (St Edward Street) Leek (Derby
Street) Macclesfield, Market Drayton, Newcastle-under-Lyme, Oakengates and Uttoxeter.
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Directors' Remuneration year ended 31/12/2010
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Leek had a maximum of 6 over the year
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1,000
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Leek United Building Society Product Range
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The leek building society offers for savers a range of accounts including variable rate fixed bonds,
affinity accounts, tax free Isas, regular savings, and instant access accounts. They offer mortgages including 3 year discount
mortgages, buy to let mortgages, standard variable rate mortgages and fixed rate mortgages. Leek Building society are also
able to offer comprehensive insurance packages including life insurance from Legal & General and home insurance from RSA. Leek Building Society do not offer car insurance.
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