Marsden Building Society Latest News

October 2011 For those savers prepared to transact via the web, the Esaver savings account from the Marsden Building Society offers a competitive rate of up to 3.05% yearly.

Marsden Building Society Financial Results for year ending 31 December 2010.
The Marsden Building Society made a profit after tax of £450,000 as against £627,000 the year before.
Provision for bad and doubtful debts was £73,000 which was down on the years before figure of £376,000.

Gross lending was 39.5 million as against 69.8 million in 2009.

Savers retail balances fell by £25.1 Million as savers switched their accounts to institutions offering better rates for savers. 

Marsden Building Society Financial Results for year ending 31 December 2009
The Marsden Building Society made a profit after tax of £627,000 as against £638,000 the year before. This figure is after a payment to the fscs levy of £193,000.
Provision for bad and doubtful debts was £376,000 which was down on the years before figure of £208,000.

Gross lending was 69.8 million as against 64.1 million in 2008.

Currently Marsden is reviewing its partnership with LV=

Marsden Building Society Financial Results for year ending 31 December 2008.
The Marsden Building Society made a profit after tax of £638,000 as against £1,092,000 the year before. This figure is after a payment to the fscs levy of £661,000.
Provision for bad and doubtful debts was £208,000 which was down on the years before figure of £314,000.

Marsden Building Society Product Range.
Marsden Building Society offer a range of savings accounts including easy access, notice, ISA,s and charity savings accounts. They also offer mortgages, household insurance and the LV over 50s life insurance plan.


History and Profile of Marsden Building Society
Marsden Building Society was established in 1860
Head Office
Marsden Building Society
6-20 Russell Street,
Nelson
Lancashire
BB9 7NJ
Tel 01282 440500
Branches
116-120 Gisburn Road, Barrowford
74 King William Street, Blackburn
Briercliffe Road, Burnley
88-90 St James Street, Burnley
4 Wellgate, Clitheroe
21 Albert Road, Colne
300 Padiham Road, Ightenhill, Burnley
33 Market Place, Kendal
13 Common Garden Street, Lancaster
45 Euston Road, Morecambe
16-18 Manchester Road, Nelson
17 Wood Street, Lytham St Annes

Marsden Building Society Directors' Remuneration year ended 31/12/2010.
Name
Salary
Bonus
Benefits
Pension and Life Contributions
Totals
M.H.N Shoesmith
132,500
 
12,828
34,154
179,482
N.Walker
92,273
 
7,446
10,030
109,749
R.M.Pheasey
92,273
 
7,514
10,031
109,818
Non-Executive Directors
         
Marsden had a maximum 7 during the year
140,723
     
140,723
Totals
         


Marsden Building Society savings accounts and mortgages.