West Bromwich Building Society
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'.[1] As of 2024 it was the 8th largest in the UK by asset size, with over 400,000 members[2][3].
Severn Valley Branch Account[edit | edit source]
The Account first appeared in 2000.[4]. SVR News included a short article referring to the amount raised for the SVR in the first year being around £1,600.[5] 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on goods totalling £7 and over from the railway gift shop.[6] In May 2017 the website showed the the product as withdrawn and no longer available.
Other support[edit | edit source]
In 2022 the Charitable Trust received funds from the Society after their customers chose the Railway to receive a percentage of their interest.
Projects supported[edit | edit source]
An incomplete list of projects supported by funds from the Society are listed below.
- In 2004 the Society provided funds for the overhaul of the Bridgnorth Station Footbridge
- In 2007 the Society advanced funds from the account to support the railway while it recovered from the 2007 Storm Damage
See also[edit | edit source]
Bridgnorth Station Footbridge
2007 Storm Damage
References[edit | edit source]
- ↑ Mutuals Public Register (Retrieved 17 February 2017)
- ↑ Building Societies Association (Retrieved 25 October 2024)
- ↑ West Bromwich Building Society (Retrieved 14 June 2022)
- ↑ SVR News Issue 132 (Spring 2000)
- ↑ SVR News Issue 136 (Summer 2001)
- ↑ West Bromwich Building Society 'Severn Valley Branch Account' (Retrieved 17 February 2017)