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West Bromwich Building Society

189 bytes added, 22:06, 14 June 2022
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The West Bromwich Building Society is a leading regional building society in the Black Country and Birmingham. It was first formed as a mutual organisation in 1849 and first registered on 25 May 1928, It is registered under the Building Societies Act 1986 and is No. 651 B on the 'Mutuals Public Register'.<ref>[https://mutuals.fsa.gov.uk/SocietyDetails.aspx?Number=651&Suffix=B Mutuals Public Register] (Retrieved 17 February 2017)</ref>
As of 2017 2022 it was the 7th largest in the UK with some 446430,000 members.<ref>[httphttps://www.westbrom.co.uk/yourabout-societyus/about-us the-west-brom West Bromwich Building Society] (Retrieved 17 February 201714 June 2022)</ref>.
==Severn Valley Branch Account==
The Account first appeared in 2000.<ref>SVR News Issue 132 (Spring 2000)</ref>. SVR News included a short article referring to the amount raised for the SVR in the first year being around £1,600.<ref>SVR News Issue 136 (Summer 2001)</ref> The Society offered a variable rate account via its branches to SVR supporters. A bonus was paid to SVR each year based on average balance held in all accounts. Benefits included upgrades to 1st class from 3rd class and 10% discount on goods totalling £7 and over from the railway gift shop.<ref>[http://www.westbrom.co.uk/savings/other-accounts/severn-valley-branch-account West Bromwich Building Society 'Severn Valley Branch Account'] (Retrieved 17 February 2017)</ref>In May 2017 the website showed the the product as withdrawn and no longer available.
===Product withdrawn=Other support==In May 2017 2022 the website showed [[Severn Valley Railway Charitable Trust Ltd|Charitable Trust]] received funds from the Society after their customers chose the product as withdrawn and no longer availableRailway to receive a percentage of their interest.
==Projects supported==
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