West Bromwich Building Society

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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'.[1] As of 2017 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 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

  1. Mutuals Public Register (Retrieved 17 February 2017)
  2. West Bromwich Building Society (Retrieved 17 February 2017)
  3. SVRSevern Valley Railway News Issue 132 (Spring 2000)
  4. SVRSevern Valley Railway News Issue 136 (Summer 2001)
  5. West Bromwich Building Society 'Severn Valley Branch Account' (Retrieved 17 February 2017)

Links

Mutuals Public Register
West Bromwich Building Society