Teachers Building Society

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)

This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources.
Find sources: "Teachers Building Society" – news · newspapers · books · scholar · JSTOR (June 2008) (Learn how and when to remove this template message)

|

This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. (August 2017) (Learn how and when to remove this template message)

|

(Learn how and when to remove this template message)

Teachers Building Society

Type| Building Society (Mutual)
Industry| Banking
Financial services
Founded| 1966
Headquarters| Wimborne, Dorset, England.

Key people

* Julie Nicholson – Chair[1]
* Simon Beresford – Chief Executive
* Patrick Jarman – Legal Director
* Rajesh Patel – Finance Director
* Ian Grayson – Non-Executive Director
* Andrew Lee - Non-Executive Director
* Malcolm Himsworth - Non-Executive Director
* Paul Winter – Non-Executive Director

Products| Mortgages, Savings, Insurance

Number of employees

| Around 50
Website| www.teachersbs.co.uk

Teachers Building Society is a mutual British financial institution founded in 1966 by the National Union of Teachers (now the National Education Union). It is a member of the Building Societies Association.[2]

The Society offers mortgages which are available to teachers across England, and Wales as well as individuals of any profession in Dorset, Hampshire and Wiltshire. It also offers personal and corporate savings accounts which are available nationally.

## History[edit]

Teachers Building Society headquarters in Wimborne, Dorset

Teachers Building Society was formed in 1966 when the National Union of Teachers acquired the London Scottish Building Society in order to help its teacher members onto the property ladder.

The Society offered low deposit mortgages from day one in an effort “to assist the younger teacher as far as possible.” Today, the Society continues to offer mortgages to teachers and other education professionals across England and Wales.

The Teachers Building Society offices were originally based at Hamilton House in Bournemouth, Dorset. In 1976, the Society moved to Allenview House in Wimborne where it has remained ever since.

## Mutuality[edit]

Teachers Building Society is a mutual organisation run for the benefit of its members, and all profits are invested back into the Society's business rather than paying dividends to shareholders. For the Society's estimated 11,300 members, this mutual status means that they are able to challenge and change the way that the business operates and shape the future of the Society.[3]

## Products & Services[edit]

The Society mortgage options to support the education sector. It also offers savings options, including ISAs, Fixed Rate Bonds and easy access accounts as well as accounts for businesses, charities and institutions supporting the education sector. Alongside its own product range, the Society has partnered with Legal & General to provide home insurance. Teachers Building Society has been nominated for 'Best Local Building Society' for 6 years in a row at the What Mortgage Awards, finalists in the Rock Awards and finalists in the Moneyfacts’ Regional Lending Provider of the Year.[4]

## References[edit]

1. ^ TBS - About Us, retrieved 31 August 2017
2. ^ Teachers Building Society member of BSA, retrieved 31 August 2017
3. ^ Corporate Social Responsibility, retrieved 31 August 2017
4. ^ TBS - Mutually Yours Review 2016 (PDF), retrieved 31 August 2017

## External links[edit]

* Official website
* Financial information

* v
* t
* e

Independent building societies in the United Kingdom

* Building Societies Association
* Banking in the United Kingdom

* Bath
* Beverley
* Buckinghamshire
* Cambridge
* Chorley
* Coventry
* Cumberland
* Darlington
* Dudley
* Earl Shilton
* Ecology
* Furness
* Hanley Economic
* Harpenden
* Hinckley and Rugby
* Ipswich
* Leeds
* Leek United
* Loughborough
* Manchester
* Mansfield
* Market Harborough
* Marsden
* Melton
* Monmouthshire
* National Counties
* Nationwide
* Newbury
* Newcastle
* Nottingham
* Penrith
* Principality
* Progressive
* Saffron
* Scottish
* Skipton
* Stafford Railway
* Swansea
* Teachers
* Tipton & Coseley
* Vernon
* West Bromwich
* Yorkshire

* Category
* Portal

* v
* t
* e

National Union of Teachers

General Secretaries|

* 1870: Lawson
* 1873: Heller
* 1892: Yoxall
* 1924: Goldstone
* 1931: Mander
* 1947: Gould
* 1970: Britton
* 1975: Jarvis
* 1989: McAvoy
* 2004: Sinnott
* 2008: Blower
* 2016: Courtney

Related organisations|

* National Association of Schoolmasters
* National Education Union
* National Union of Women Teachers
* Teachers Assurance
* Teachers Building Society

Other topics|

* List of Fred and Anne Jarvis Award winners

This United Kingdom building society article is a stub. You can help Wikipedia by expanding it.

|

* v
* t
* e

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template