Saffron Building Society

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Saffron Building Society Logo

Address

Saffron House, 1a Market Street, Saffron Walden, CB10 1HX, Essex, United Kingdom

BIC

SFFRGB22XXX

Overview

Business Focus

housing financing

Founded in 1875, Saffron 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 Saffron Building Society are covered by British deposit guarantee scheme.

Performance

In 2023, Saffron Building Society achieved the position of 111th largest bank in the United Kingdom with a market share of 0.01%; its total assets dropped by 0.74%.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Saffron Building Society.

Services

retail banking

Clients

natural persons
companies

Area Served

GBUnited Kingdom

Products

savings accounts
mortgage loans
insurance

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Financials

Total Assets of Saffron Building Society
Market Share of Saffron Building Society
Total Assets (2023)
1,286.32 mln GBP   (-0.74%)
Total Members (2023)
109,965   (-0.92%)

Saffron Building Society is the 111th largest bank in the United Kingdom in terms of total assets. In 2023 its total assets were 1 286,32 mln GBP, providing the bank with the market share of 0.01%. Saffron Building Society is the 16th largest building society in the United Kingdom (out of 41 building societies) having market share of 0.26% amongst the building societies of this category. In 2023 there were 109 965 members in Saffron Building Society.

Deposit Guarantee

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

Saffron Building Society participates in the deposit guarantee scheme of the United Kingdom which 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. Saffron Building Society is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

See Also

Contacts

addressSaffron House, 1a Market Street, Saffron Walden, CB10 1HX, Essex, United Kingdom
phone44 01799522211
fax44 01799513622

Saffron Building Society is headquartered in Essex.

Social Networks

Saffron Building Society has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
SFFRGB22XXX
LEI
213800XVRPG36R8SG538
Company Number
485B
MFI ID
GB2225

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
100015

Saffron Building Society is authorized and supervised by the Financial Conduct Authority (reference number 100015).

Bank History

Start Date
November 1875
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