Dudley Building Society

Founded in 1895, Dudley 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 Dudley Building Society are covered by British deposit guarantee scheme.

Bank Category

Building societies

Services

Retail Banking

Financials

Total Assets (2017)
354.73 mln GBP  (+0.29%)
Total Members (2017)
34 831 

In 2017 total assets of Dudley Building Society were 354,73 mln GBP. Dudley Building Society is the 29th largest building society in the United Kingdom (out of 44 building societies) having market share of 0.09% amongst the building societies of this category. In 2017 there were 34 831 members in Dudley Building Society.

Dudley 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

7 Harbour Buildings, The Waterfront, DY1 1NP, Brierley Hill, United Kingdom
44 01384231414
44 01384233250

Dudley Building Society is headquartered in Brierley Hill.

Bank Identifiers

MFI ID
GB1065
Company Number
177B
Start Date
April 1895

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

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

Financial Positions

Total Assets (2017)
354.73 mln GBP  (+0.29%)
Shares (2017)
331.78 mln GBP  (+0.09%)

In 2017 total assets of Dudley Building Society were 354.73 mln GBP. Growth compared to the previous period (2016) was 0.29%. The evolution of the total assets of Dudley Building Society is shown at Chart 1 below.

Total Assets of Dudley Building Society.

Chart 1. Total Assets of Dudley Building Society.

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

2016 2017 % change
Mortgages 268.3 277.3 +3.34%
Total Assets 353.7 354.7 +0.29%
Table 1. Recent changes in total assets of Dudley Building Society (mln GBP).

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

2016 2017 % change
Shares 331.5 331.8 +0.09%
Borrowings 0.4 0.3 -28.68%
Total Liabilities 353.7 354.7 +0.29%
Table 2. Recent changes in total liabilities of Dudley Building Society (mln GBP).

Membership Structure

Total Members (2017)
34 831 

In 2017 there were 34 831 total members of Dudley Building Society. The value didn't change compared to the previous period (2016). The evolution of the total members of Dudley Building Society is shown at Chart 2 below.

Total Members of Dudley Building Society.

Chart 2. Total Members of Dudley Building Society.

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

2016 2017 % change
Investing Members 30 153.0 30 153.0 0.00%
Borrowing Members 4 154.0 4 154.0 0.00%
Total Members 34 831.0 34 831.0 0.00%
Table 3. Recent changes in total members of Dudley Building Society ( ).

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

Total Assets (2017)
29th (market share 0.09%)

In 2017 Dudley Building Society was ranked the 29th largest building society in the United Kingdom in terms of total assets, having 0.09% of the category's market share.

Market share of Dudley Building Society (among Building societies in the United Kingdom)

Chart 3. Market share of Dudley Building Society (among Building societies in the United Kingdom)

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

RankNameTotal AssetsMarket Share
28 Tipton and Coseley Building Society372.47 mln GBP0.10%
29 Dudley Building Society354.73 mln GBP0.09%
30 The Mansfield Building Society328.77 mln GBP0.09%
 

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 Dudley 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 Dudley Building Society is shown in the table below.

MFI ID  GB1065

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  177B

Domestic Presence

ATMs (2017)
0
Branches (2017)
 (-16.67%)

In 2017 Dudley 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 Dudley Building Society is shown at Chart 4 below.

ATMs of Dudley Building Society.

Chart 4. ATMs of Dudley Building Society.

In 2017 Dudley Building Society had 5 branches in the United Kingdom. Decline compared to the previous period (2016) was -16.67%. The evolution of the number of branches of Dudley Building Society is shown at Chart 5 below.

Branches of Dudley Building Society.

Chart 5. Branches of Dudley Building Society.