Monmouthshire Building Society

Founded in 1881, Monmouthshire 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 Monmouthshire Building Society are covered by British deposit guarantee scheme.

Bank Category

Building societies

Services

Retail Banking

Financials

Total Assets (2017)
1 053.83 mln GBP  (-1.83%)
Total Members (2017)
69 084  (+7.78%)

In 2017 total assets of Monmouthshire Building Society were 1 053,83 mln GBP. Monmouthshire Building Society is the 15th largest building society in the United Kingdom (out of 44 building societies) having market share of 0.28% amongst the building societies of this category. In 2017 there were 69 084 members in Monmouthshire Building Society.

Monmouthshire 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

NP20 1PX, NP9 1PX, Gwent, United Kingdom
44 01633844444
44 01633844445

Monmouthshire Building Society is headquartered in Gwent.

Bank Identifiers

MFI ID
GB1835
Company Number
377B
Start Date
April 1881

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

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

Financial Positions

Total Assets (2017)
1 053.83 mln GBP  (-1.83%)
Shares (2017)
816.09 mln GBP  (-5.50%)

In 2017 total assets of Monmouthshire Building Society were 1 053.83 mln GBP. Decline compared to the previous period (2016) was -1.83%. The evolution of the total assets of Monmouthshire Building Society is shown at Chart 1 below.

Total Assets of Monmouthshire Building Society.

Chart 1. Total Assets of Monmouthshire Building Society.

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

2016 2017 % change
Mortgages 806.2 811.3 +0.63%
Total Assets 1 073.5 1 053.8 -1.83%
Table 1. Recent changes in total assets of Monmouthshire Building Society (mln GBP).

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

2016 2017 % change
Shares 863.6 816.1 -5.50%
Borrowings 146.0 170.4 +16.78%
Total Liabilities 1 073.5 1 053.8 -1.83%
Table 2. Recent changes in total liabilities of Monmouthshire Building Society (mln GBP).

Membership Structure

Total Members (2017)
69 084  (+7.78%)

In 2017 there were 69 084 total members of Monmouthshire Building Society. Growth compared to the previous period (2016) was 7.78%. The evolution of the total members of Monmouthshire Building Society is shown at Chart 2 below.

Total Members of Monmouthshire Building Society.

Chart 2. Total Members of Monmouthshire Building Society.

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

2016 2017 % change
Investing Members 56 576.0 42 798.0 -24.35%
Borrowing Members 7 522.0 12 142.0 +61.42%
Total Members 64 098.0 69 084.0 +7.78%
Table 3. Recent changes in total members of Monmouthshire Building Society ( ).

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

Total Assets (2017)
15th (market share 0.28%)

In 2017 Monmouthshire Building Society was ranked the 15th largest building society in the United Kingdom in terms of total assets, having 0.28% of the category's market share.

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

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

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

RankNameTotal AssetsMarket Share
14 Cambridge Building Society1109.24 mln GBP0.29%
15 Monmouthshire Building Society1053.83 mln GBP0.28%
16 Newbury Building Society939.34 mln GBP0.25%
 

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 Monmouthshire 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 Monmouthshire Building Society is shown in the table below.

MFI ID  GB1835

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  377B

Domestic Presence

ATMs (2017)
0
Branches (2017)
11 

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

ATMs of Monmouthshire Building Society.

Chart 4. ATMs of Monmouthshire Building Society.

In 2017 Monmouthshire Building Society had 11 branches in the United Kingdom. The value didn't change compared to the previous period (2016). The evolution of the number of branches of Monmouthshire Building Society is shown at Chart 5 below.

Branches of Monmouthshire Building Society.

Chart 5. Branches of Monmouthshire Building Society.