cite any sources . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . may 2015 learn how and when to remove this template message loughborough building society type building society mutual industry banking and financial services founded 1867 headquarters loughborough england uk number of locations 5 products business savings mortgages investments total assets 287 million gbp october 2014 number of employees 55 website www.theloughborough.co.uk the loughborough building society is a uk based financial services provider headquartered in loughborough leicestershire . it is currently the 30th largest mutual building society in the country with 2014 reported assets of about 287 million . the society was founded by local businessmen in 1867 as one of the new 19th century permanent building societies . unlike the original building society model which had arisen in the english midlands in the 1770s these new societies were open to new members on an ongoing basis and not intended to terminate once each original member had purchased a house . throughout its subsequent history as a provider of mortgage and savings products the society has remained stable and mutually owned by its investors and borrowers . it is one of two building societies based in leicestershire . during the intensive period of demutualisation of uk building societies which commenced in the 1990s and saw most of the country s largest societies taken over by banks the loughborough continued to promote the importance of the mutual model . a society run for members and collectively owned by them . the current board of directors chief executive gary brebner operations director caroline joyce and finance director stephen jeffries are on record as stating that the society will remain in mutual status indefinitely as a real alternative to the bigger banks and societies . currently the society maintains three branches of its own in the town of loughborough in derby and in long eaton notts . and it operates via agencies in west bridgford and southwell . products are generally available throughout the uk although occasionally mortgage deals are offered exclusively to customers with leicestershire derbyshire and nottinghamshire postcodes . the directors policy is to encourage customer engagement and to attempt to meet individual needs . to this end twice yearly roadshows are held within the core east midlands territory of the society to explain policy plans and any new products . this is in addition to the agm which again offers members a chance to meet the entire board and have any questions or concerns aired . in common with some other regional building societies the loughborough has a lengthy tradition of contributing directly back into its local community via sponsorship activity . as of 2015 this consists of maintaining sponsorship for 2 christmas season events the loughborough pantomime held at the loughborough town hall and the annual santa fun run held in aid of varying local causes . the society also financially supports other events on an ad hoc basis most notably the recent shepshed show and the curve theatre in leicester . external links edit loughborough building society building societies association kpmg building societies database 2008 v t e independent building societies in the united kingdom bath beverley buckinghamshire cambridge chorley coventry cumberland darlington dudley earl shilton ecology furness hanley economic harpenden hinckley and rugby holmesdale 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 this united kingdom building society article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title loughborough building society & oldid 743723211 categories companies based in loughboroughbuilding societies of englandorganizations established in 18671867 establishments in englandunited kingdom building society stubshidden categories articles lacking sources from may 2015all articles lacking sourcespages using infobox company with unsupported parametersall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 21 59 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