We announce today that Tim Bowen, our Chief Executive for the last 5 years will be leaving the Society in late November. Tim Joined the Society in October 2016 and took up the role of Chief Executive in January 2018. During his tenure he has supported our members, staff and the ,local community by delivering […]
Category Archives: news
Annual General Meeting 2023 The 144th Annual General Meeting (AGM) of the members of Penrith Building Society was held at 5.00pm on Wednesday, 26 April 2023 at The Sunbeams Music Centre, Stoller House, Redhills, Penrith. The results were as follows:
As part of our commitment to the environment we are pleased to tell you that by using Carbon Balanced Paper for our AGM mailings we are lessening our impact on our climate. This year this balanced the equivalent of 44kg of carbon dioxide! We will continue to look at other ways to implement green initiatives […]
Last week we were pleased to be able to send a large donation of food and sundries to our local Salvation Army Foodbank. This was collected as a result of a Reverse Advent Calendar which all our staff took part in during December and involved us all bringing an item in for each of the […]
We are an official partner of CFM’s 2022 Cash For Kids Mission Christmas campaign. We have a collection box in the branch where we are taking donations of toys and gifts for children who may otherwise go without in these difficult times. Listen out for us on the radio too. We will be on CFM […]
As of 1 November 2022, the Society’s Standard Variable Rate (SVR) increased by 1% from 5.25% to 6.25%. Existing members If you are on a variable rate mortgage, then you should have received notification by post of your new interest rate and monthly payment. If you have not received this letter, then please contact us […]
This week sees the inaugural UK Savings Week, a collaboration with the Building Societies Association, credit unions, building societies and other providers, consumer groups and debt charities running from 26th September to 2nd October. It’s a very timely event given the pressure the rising cost of living is putting on UK households. With over a […]
We are temporarily pausing new mortgage applications. This is a decision that we have not taken lightly, but due to an unprecedented level of new business, our service levels have begun to reach a point that we are no longer comfortable with. Pausing new applications will enable us to quickly process our backlog and get […]
We are always proud to be involved in our local community and after a break for a few years Penrith Agricultural Show returned this year and we couldn’t have been more pleased and excited to be Principal Partner. We have supported this local show for many years and this year it felt even more important […]