Hinckley Permanent Building Society (1865) and Rugby Provident Building Society (1861) merged in 1983
creating the Hinckley and Rugby Building Society.
Hinckley and Rugby Building Society
Tel 01455 251234
email enquiries@ hrbs.co.uk
They also have 11 branches and 4 branch agents.
Financial Results year eneded 30/11/2011.
tax dropped to £73,000 with directors wages of £455,000. During the year the society made mortgage advances totalling
£77 million. During the year new savings accounts including ISAs, postal accounts, fixed rate bonds and a children's
account were launched. Provisions for the FSCS levy were £176,000. Management expenses rose to 0.78%.
year ended 30/11/2010
Hinckley & Rugby made a profit after tax of £164,000 for the year ended 20/11/2009.
This was after paying £78,000 into the fscs levy. Directors paid themselves £475,000 and having taken a look at
the savings rates available to savers one is left wondering whether the Loughborough Building Society is for the benefit of
the directors or the members?
expenses as a percentage of mean total assets dropped to 0.73% from 0.77%
Results year ended 30/11/2009
Hinckley & Rugby made a profit after tax of £280,000 for the year ended 20/11/2009. This was after paying £158,000
into the fscs levy.
Management expenses as a
percentage of mean total assets dropped to 0.77% from 0.80%
Results year ended 30/11/2008
Hinckley & Rugby made a profit after tax of £1,265,000 for
the year ended 20/11/2008. This was after paying £377,000 into the fscs levy.
At the year end only one mortgage account was 12 months or more in arrears.
held by shareholders and depositors reduced during the year by £14 million.
million was advanced during the year and total loans and advances was £531.3 million.
for bad and doubtful debt was £200,000.