Coventry Building Society - Company Profile
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Coventry Building Society (CBS) is a member-owned organization that provides financial services. It offers a wide range of mortgages and savings solutions to its members. CBS provides several savings accounts including individual savings accounts, supporters accounts, children’s accounts, easy access accounts, regular saver accounts, bonds, and account administration. Its mortgages include home mortgages, commercial mortgages, re-mortgages, porting, and buy-to-let mortgages. The society also offers insurance solutions such as home and landlord insurance, mortgage payment protection, income protection, and critical illness cover, among others. CBS operates through a network of branch offices and online portals in the UK. CBS is headquartered in Coventry, the UK.
Headquarters
United Kingdom
Address
Harry Weston Road, Binley, Coventry House, England, CV32TQ
Telephone
44 2476 555255
No of Employees
2,274
Industry
Financial Services
Revenue (2023)
$3.8B
Coventry Building Society premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Savings: | Online Supportive | CBS |
| Bonds | Account Management | |
| Junior Cash ISA | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In December, the company announced its plans to merge with the Co-operative Bank. |
| 2022 | New Products/Services | In April, the society introduced two new fixed-rate ISAs with highly competitive interest rates of 1.75% and 1.85%. |
| 2022 | Contracts/Agreements | In March, the society partnered with Suade, a player in risk and regulatory technology, to manage the society's end-to-end regulatory reporting process. |
Competitor Comparison
| Key Parameters | Coventry Building Society | Nationwide Building Society | Skipton Building Society | Yorkshire Building Society | Leeds Building Society |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | Coventry | Swindon | Skipton | Bradford | Leeds |
| State/Province | England | England | England | England | West Yorkshire |
| No. of Employees | 2,274 | 13,966 | 2,506 | 2,326 | 1,813 |
| Entity Type | Private | Public | Private | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David Thorburn | Chairman | Executive Board | 2022 | 66 |
| Stephen Hughes | Director; Chief Executive Officer | Executive Board | 2020 | 52 |
| Lee Raybould | Chief Financial Officer; Director | Executive Board | 2021 | 51 |
| Joanne Kenrick | Deputy Chairman | Executive Board | 2017 | 58 |
| Darin Landon | Chief Commercial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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