History and Profile of the Tipton and Coseley Building Society
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The Tipton and Coseley Building Society was established in 1901 Head Office 70 Owen Street Tipton West Midlands DY4 8HG Tel 0121 557 2551 Branches Castle Street, Coseley, Bilston, West Midlands,
WV14 9DW Tel 01902 883173 73 Church Street, Bilston, West
Midlands, WV14 0BJ Tel 01902 403853 8a Dudley Street, Sedgeley,
Dudley, West Midlands, DY3 1SB Tel 01902 882469
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Tipton and Coseley Building Society Directors Remuneration year ended 31/12/2010
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Increase in accrued pension
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Tipton and Coseley had a maximum of 5 over the year
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127,000
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The Tipton and Coseley Building Society Range of Products
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Tipton And Coseley Building Society Financial Report to 31/12/2010
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The Tipton and Coseley Building Society made a profit after tax of £1,903,000 as against £949,000
the previous year.
Management expenses were 0.83% so the same as the year before.
Provisions
for bad or doubtful debts was £332,000.
Mortgage lending increased by 77% to £45.27 million.
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Tipton And Coseley Building Society Financial Report to 31/12/2009
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The Tipton and Coseley Building Society made a profit after tax of £949,000 as against £760,000
the previous year. This is after the estimated FSCS levy of £178,000.
Management expenses were up to 0.83%
from 0.8% the year before.
Provisions for bad or doubtful debts was £688,000.
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Tipton And Coseley Building Society Financial Report to 31/12/2008
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The Tipton and Coseley Building Society made a profit after tax of £760,000 as against £1,487,000
the previous year. Although this is down this is after the estimated FSCS levy of £612,000. At the end of the year the
society had no borrowers who were 12 months or more in arrears. Bad and doubtful debt provisions were £383,000 as against
£75,000 the year before. Total directors remuneration
of £353,000 produced a net profit after tax of £760,000 which is poor compared to some of it's peers but there
are far worse.
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