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Loughborough Building Society

The Loughborough was originally formed in 1867 by a group of businessmen who ran the Society for the benefit of the community, almost as a hobby. For the first 66 years of its’ existence, the Society was run by the Cattell family from a Coal Merchants office.

From such humble beginnings, the Society has grown steadily, but has always remained very much part of the local community. Head Office moved to its’ current site in 1974, and 2 years later opened a branch in Long Eaton. The office in Derby opened in 1988, and in 1996 Loughborough branch was moved out of Head Office to its’ current premises at 4 High Street.

Today, Loughborough Building Society has total assets in excess of £160 million, and continues to aspire to being the number 1 provider of mortgages and savings for the East Midlands.

The Loughborough remains committed to continuing as a mutual organisation, as David Smith, the current Chief Executive explains:

‘Here at The Loughborough we are committed to serving the interests of all our customers. We want to remain as a mutual Building Society, giving benefits back to our members and the local community rather than providing dividends for external shareholders. We want to grow and prosper but we will never forget that the Society was founded by local people for the benefits of local people. We want The Loughborough to be your first choice for both mortgages and investments. We look forward to being of service to you and your family’.