Skipton Building Society Profile and History |
Established in 1853 as the Skipton and District Permanent Building Society. The Skipton Group today employs
8,000 staff and is the 5th largest building society in the UK and has 90 branches. Head Office Skipton Building Society The Bailey Skipton North Yorkshire BD23 1DN Tel 01756 705000
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Skipton Building Society Directors Salaries and Remuneration year ended 31/12/2010 |
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Increase in accrued pension |
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53,000
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Non Executive Directors Fees |
374,000
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1,431,000
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Skipton Building Society Product Range |
The Skipton Building Society provides a wide range of products for its members. For savers it offers E-Savings, Bonds, Children's savings, ISAs, regular savings accounts, tracker accounts and branch access accounts. On mortgages
Skipton offers Fixed Rate, Tracker and Buy-to-Let Mortgages. Insurance products include Home Insurance, Life Insurance and over 50s Life insurance policies from Legal & General, Mortgage Protection, Car Insurance and Medical Insurance. Skipton also offers share dealing, travel money and will writing.
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Skipton Building Society Financial Results year ended 31st December 2010. |
Skipton Building Society made a profit after tax for the year of £25.5 million (including discontinued
operations) as against £57.4million the year before. Impairement losses were £14.9 million.
Highlights for the year
Mortgage completions were £481 million an increase of
18% on the year before
Now have 104 branches and 3 agencies
82% of funding is now from customers
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Skipton Building Society Financial Results year ended 31st December 2009. |
Skipton Building Society made a profit after tax for the year of £57.4 million (including discontinued
operations) or £13.7 million from ongoing operations as against £22.8million the year before. During the
year CIG was sold for a profit of £39.7 million. Impairement losses were £42.3 million.
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Skipton Building Society Financial Results year ended 31st December 2008 |
Skipton Building Society made a profit after tax for the year of £22.8 million as against £125.5million
the year before. This figure include a profit of £22.3 miilion from the sale of the remaining holding in rightmove and
£9.1 million from the sales of direct life and amber select. The final profit is also after accounting for the £16.3
million skipton must pay towards the fscs levy. Another £11 million was set aside to cover the skipton's exposure
to icelandic banks. Highlights for the year Mortgage lending down a third from 2.2 billion to 1.3 billion Management expense
ratio 47p per £100 assets Retail share balances up 12.28% Mortgage
in arrears of 3 months or more at group level 1.14% (0.41% 2007)
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