The West Bromwich Building society is a major provider of financial products and services, notably savings, investments and prime residential mortgages.They have a network f branches across the Black Country and Birmingham, as well as mid-Wales and Shropshire.
At the end of the financial year of 2014, The West Brom made a pre-tax profit of £2.1m, and a net interest margin of 0.81%. They returned to the residential lending market, and recorded gross lending of £213.6m.
The Society was formed as a mutual organisation – owned and run for the benefit of its members – on St George’s Day in 1849 by 20 local citizens with the aim of helping people to better themselves through savings and the security of owning their own homes. It is today the 7th largest building society in the UK with about 464,000 members.
The West Brom, in partnership with Wren Sterling offers individuals financial planning services.