Financial results just out from the Society report that total assets have increased by almost £4 million to a total standing in excess of £96 million. Business has significantly increased with savers’ balances also increasing by over £4.5 million.
Chief Executive Neville Thompson reflected, “Although it has been a challenging year, a successful level of mortgage business has been attracted to the Society. Over £23 million was advanced to borrowers to buy, refinance or improve properties – the first time the Society has topped the £20 million mark.”
