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 2017[update] it is the 7th largest in the UK with some 446,000 members.[2]
Severn Valley Branch Account
The Account first appeared in 2000.[3]. SVRSevern Valley Railway News included a short article referring to the amount raised for the SVRSevern Valley Railway in the first year being around £1,600.[4] As of 2017[update] the Society offers a variable rate account via its branches to SVRSevern Valley Railway supporters. A bonus is paid to SVRSevern Valley Railway each year based on average balance held in all accounts. Benefits include upgrades to 1st class from 3rd class and 10% discount on goods totalling £7 and over from the railway gift shop.[5]
Projects supported
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
Bridgnorth Station Footbridge
2007 Storm Damage
References
- ↑ Mutuals Public Register (Retrieved 17 February 2017)
- ↑ West Bromwich Building Society (Retrieved 17 February 2017)
- ↑ SVRSevern Valley Railway News Issue 132 (Spring 2000)
- ↑ SVRSevern Valley Railway News Issue 136 (Summer 2001)
- ↑ West Bromwich Building Society 'Severn Valley Branch Account' (Retrieved 17 February 2017)