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Barnsley Building Society

Barnsley Building Society was formed in 1853 by a number of prominent townsmen with the primary objective of "enabling persons to purchase their own residences, pay off mortgages and invest money profitably".

The organisation developed steadily following the principle that saw profits being ploughed back into the Society to benefit the growing base of investors and borrowers. This principle of 'mutuality' is one of the many strengths of Barnsley Building Society today.

With nine branches in the Yorkshire area, backed by an agency network covering North Yorkshire to Warwickshire, the Society prides itself on its 'local' attitude to its members' requirements. Due to its size the Barnsley can be flexible in its approach to lending and competitive with regard to investment accounts. The Barnsley intends to remain independent and is fully committed to mutuality, where it provides the dependability and understanding of a true building society, with the backing of years of experience in specialist areas.

They will ensure that the benefits of operating as a mutual building society are fed back to their members in the form of attractive interest rates and first class service levels, rather than having to concentrate on increasing profitability for the sole benefit of external shareholders. Their extensive range of products is therefore regularly renewed to ensure that they are offering their members the service they require.

As an organisation they have a strong belief in development of the individual and as such have implemented "Investors In People" into their working practices. They also firmly believe in development of community and have introduced an initiative called Pride In Your Community which rewards community groups who strive to offer much needed services to their neighbours.