Type | Building Society (Mutual) |
---|---|
Industry | Banking Financial services |
Founded | 7 March 1859 |
Headquarters | , |
Number of locations | 3[1] |
Area served | United Kingdom |
Key people | Chief Executive - Stephen Penlington |
Products | Savings, Mortgages and Insurance |
Total assets | £238.1 million GBP (February 2019) |
Members | 27 123 (February 2019)[2] |
Number of employees | 59 |
Website | chorleybs |
The Chorley and District Building Society is a British building society based in Chorley, Lancashire, England. It is a member of the Building Societies Association.
The society has three branches, located on Foxhole Road and High Street in Chorley, and on Towngate in Leyland.
History
Chorley and District Building Society is the oldest building Society in Lancashire. It became established on 7 March 1859 and was originally called The Chorley Permanent Benefit Building Society. It was created to help mill workers buy their homes. In those early days the Society only met once a month, when the subscriptions were collected. The Society became incorporated under the Building Society's Act on 6 August 1874. The original name was then changed to The Chorley (£60 Shares) Permanent Benefit Building Society on 17 February 1897.