The Chorley and District Building Society (formerly Chorley and District Building Society)

Founded in 1896, The Chorley and District Building Society provides a wide range of mortgage and savings products at competitive rates to its customers (residents of the United Kingdom only). Savings accounts made with The Chorley and District Building Society are covered by British deposit guarantee scheme.

Bank Category

Building societies

Services

Retail Banking

Financials

Total Assets (2017)
220.55 mln GBP  (+2.54%)
Total Members (2017)
27 340  (-2.83%)

In 2017 total assets of The Chorley and District Building Society were 220,55 mln GBP. The Chorley and District Building Society is the 39th largest building society in the United Kingdom (out of 44 building societies) having market share of 0.06% amongst the building societies of this category. In 2017 there were 27 340 members in The Chorley and District Building Society.

The Chorley and District Building Society participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Contacts

Key House, Foxhole Road, Chorley, PR7 1NZ, Lancashire, United Kingdom
44 01257235000
44 01257241371

The Chorley and District Building Society is headquartered in Lancashire.

Bank Identifiers

MFI ID
GB0815
Company Number
108B
Start Date
August 1896

Business Summary

Business Focus
providing competitive savings and mortgage products to its members
Services
retail banking
Products
savings accounts
mortgage loans
insurance
Eligible Clients
UK residents only

The Chorley and District Building Society is focused on providing competitive savings and mortgage products to its members. The Chorley and District Building Society provides services in the area of retail banking. The range of products offered by The Chorley and District Building Society includes savings accounts, mortgage loans, insurance. The Chorley and District Building Society makes its solutions available to UK residents only.

Financial Positions

Total Assets (2017)
220.55 mln GBP  (+2.54%)
Shares (2017)
199.92 mln GBP  (+3.63%)

In 2017 total assets of The Chorley and District Building Society were 220.55 mln GBP. Growth compared to the previous period (2016) was 2.54%. The evolution of the total assets of The Chorley and District Building Society is shown at Chart 1 below.

Total Assets of The Chorley and District Building Society.

Chart 1. Total Assets of The Chorley and District Building Society.

Recent changes in total assets of The Chorley and District Building Society and its main components are shown in Table 1.

2016 2017 % change
Mortgages 148.5 160.2 +7.91%
Total Assets 215.1 220.6 +2.54%
Table 1. Recent changes in total assets of The Chorley and District Building Society (mln GBP).

Recent changes in total liabilities of The Chorley and District Building Society and its main components are shown in Table 2.

2016 2017 % change
Shares 192.9 199.9 +3.63%
Borrowings 5.1 2.6 -49.62%
Total Liabilities 215.1 220.6 +2.54%
Table 2. Recent changes in total liabilities of The Chorley and District Building Society (mln GBP).

Membership Structure

Total Members (2017)
27 340  (-2.83%)

In 2017 there were 27 340 total members of The Chorley and District Building Society. Decline compared to the previous period (2016) was -2.83%. The evolution of the total members of The Chorley and District Building Society is shown at Chart 2 below.

Total Members of The Chorley and District Building Society.

Chart 2. Total Members of The Chorley and District Building Society.

Recent changes in total members of The Chorley and District Building Society and its main components are shown in Table 3.

2016 2017 % change
Investing Members 25 924.0 25 104.0 -3.16%
Borrowing Members 2 909.0 2 890.0 -0.65%
Total Members 28 137.0 27 340.0 -2.83%
Table 3. Recent changes in total members of The Chorley and District Building Society ( ).

Market Share and Rank (among Building societies in the United Kingdom)

Total Assets (2017)
39th (market share 0.06%)

In 2017 The Chorley and District Building Society was ranked the 39th largest building society in the United Kingdom in terms of total assets, having 0.06% of the category's market share.

Market share of The Chorley and District Building Society (among Building societies in the United Kingdom)

Chart 3. Market share of The Chorley and District Building Society (among Building societies in the United Kingdom)

Several building societies having the market shares and ranks closest to The Chorley and District Building Society are shown below.

RankNameTotal AssetsMarket Share
38 Buckinghamshire Building Society224.98 mln GBP0.06%
39 The Chorley and District Building Society220.55 mln GBP0.06%
40 Beverley Building Society191.65 mln GBP0.05%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of The Chorley and District Building Society failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of The Chorley and District Building Society is shown in the table below.

MFI ID  GB0815

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  108B

Domestic Presence

ATMs (2017)
0
Branches (2017)

In 2017 The Chorley and District Building Society had 0 ATMs in the United Kingdom. The value didn't change compared to the previous period (2016). The evolution of the number of ATMs of The Chorley and District Building Society is shown at Chart 4 below.

ATMs of The Chorley and District Building Society.

Chart 4. ATMs of The Chorley and District Building Society.

In 2017 The Chorley and District Building Society had 3 branches in the United Kingdom. The value didn't change compared to the previous period (2016). The evolution of the number of branches of The Chorley and District Building Society is shown at Chart 5 below.

Branches of The Chorley and District Building Society.

Chart 5. Branches of The Chorley and District Building Society.