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Results for the year ended 30 November 2019

Chairman's Summary

Alan Harris frameDespite the uncertain economic and political landscape, the Society reports a profitable year in 2019.

We ended the year with a £31m increase in savings balances and achieved a healthy profit of £1.9m (before tax). Due to an expected high number of redemptions we saw a small decrease in the overall size of our mortgage book; this has enabled us to focus on having a higher quality, lower risk mortgage book.

While financial providers continue to announce high street closures, the Society has invested in its branches with the refurbishment of its Hadleigh premises.

Alan Harris, Chairman

Key Performance Indicators

You can find a taster of some of our results below - to see our full results in more detail see our annual report.

Results 2018

Results for the year ended 30 November 2019

2019 Review of the Year PDF icon
2019 Annual Report PDF icon

Your home may be repossessed if you do not keep up repayments on your mortgage.