The Chorley and District Building Society is the oldest building society in Lancashire; it became established on the 7th March 1859 and was originally called The Chorley Permanent Benefit Building Society. In those early days the Society only met once a month, when the subscriptions were collected. The Society became incorporated under the Building Society's Act on the 6th August 1874. The original name was then changed to The Chorley (£60 Shares) Permanent Benefit Building Society on the 17th February 1897. | The name officially became The Chorley and District Building Society on the 6th February 1933. In those days the Society only served the district of Chorley and its surrounding areas. In recent times and due to modern technology the Society has expanded its service nationally and now has members all over the country. |
Stephen Penlington Chief Executive Officer |
The Chorley now has assets in excess of £177 million and currently operates from three branches and one head office. The Chorley has a strong business model, a sound reputation, excellent quality and robust levels of capital and liquidity. Above all we are a mutual building society, therefore, members who have savings or a mortgage with us can be assured that we do not pay dividends to shareholders. All the money we lend on mortgages is funded entirely from our savings members. The Society employs 45 members of staff. We are proud to be a mutual building society, this means that everything we do is for the benefit of our members. We believe in providing good value, transparent products and a professional, efficient service. We also believe in treating all our customers fairly and we make sure we do this by:- - Having well trained competent and professional staff
- Providing products and services that meet the needs of our customers
- Keep our members properly informed before, during and after they take a product with us
- Complying fully with all legislation and codes of practice
- Insisting that all our advertisements and promotions are clear, fair and not misleading
- If things go wrong, handling complaints fairly, promptly and impartially
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