Strength and stability, Secure for our members
We think it's important that you can be confident in the strength of your savings or mortgage provider. That's why we've worked hard to build a strong foundation for Coventry Building Society.
We're really proud of our record as one of the UK's strongest financial institutions. In fact, we've retained 'A-ratings' throughout the credit crisis from both Fitch and Moody's, the two rating agencies that analyse the building society sector.
We're careful how we spend money. After all, it's our Members' money we're spending. That's why we're the most cost-efficient building society in the UK. In 2010, for every £100 of members' assets we held, we spent only 37p, on average, to run the business.
Here are some other highlights:
- Since 1 July 2007 our savings balances have grown by around £9.2 billion, comfortably funding the growth in our mortgage balances.
- Mortgage balances increased by £7.8 billion since 1 July 2007.
For more information, see our financial results.
2011 interim financial report (PDF)
2011 interim financial results - news release (PDF)
