Vernon Building Society

Business Focus
housing financing

Founded in 1924, Vernon 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 Vernon Building Society are covered by British deposit guarantee scheme.

Bank Category

Building societies

Services

retail banking

Clients

natural persons
companies

Area Served

GBUnited Kingdom

Products

savings accounts
mortgage loans
insurance

Financials

Total Assets of Vernon Building Society
Market Share of Vernon Building Society
Total Assets (2018)
296.58 mln GBP  (-1.22%)
Total Members (2018)
34,345  (+8.53%)

Vernon Building Society is the 150th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 296,58 mln GBP, providing the bank with the market share of 0.00%. Vernon Building Society is the 33rd largest building society in the United Kingdom (out of 44 building societies) having market share of 0.07% amongst the building societies of this category. In 2018 there were 34 345 members in Vernon Building Society.

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Vernon Building Society participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Vernon Building Society is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

19 St Petersgate, SK1 1HF, Stockport, United Kingdom
44 01614296262
44 01614296996

Vernon Building Society is headquartered in Stockport.

Bank Identifiers

LEI
213800RHR8ADTMECK284
Company Number
625B
MFI ID
GB2765

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
195475

Vernon Building Society is authorized and supervised by the Financial Conduct Authority (reference number 195475).

Bank History

Start Date
July 1924

Similar Banks

Banking Products in the United Kingdom

See Also

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