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Mansfield Building Society celebrating 150 years in business

Posted onPosted on 20th Jan

Mansfield Building Society is celebrating 150 years of serving savers, borrowers and the local community with a raft of events throughout 2020.

Officially formed on 18th January, 1870, following a meeting at Mansfield Town Hall, it is still going strong, serving around 18,500 members.

The 150-year celebrations began on Friday, 17th January when staff and members shared birthday cakes at each of its four branches.

Further events are planned throughout the year with a range of activities, including:

A commitment to plant 600 oak trees with Sherwood Forest Trust.
The creation of a financial education booklet to younger savers.
Heritage displays to appear in each of its four branches.
The Society donating 150 volunteer days throughout the year
A community engagement event at the Town Hall to showcase how charities and community groups from across the region can access funding support from the society.

The anniversary follows an extensive rebrand in 2019, which included opening a new branch in Sutton, a new website, and the introduction of an online portal for Society savers.

Limited edition products will also feature during the course of the year and younger members will be introduced to the Society’s new toy mascot.

Deputy chief executive Paul Wheeler said that,150 years on, Mansfield Building Society is thriving and as relevant now as it has ever been.

“When the founding members voted to establish a building society in Mansfield all those years ago, they were passionate about creating an organisation that enabled people to save and supported those wanting to buy their own homes,” he said.

“Today, we continually put people first by offering a diverse and flexible range of mortgage solutions, valuing the loyalty of our existing members and actively supporting the future development of our local community through our Charitable Trust, Community Support Scheme and staff volunteering.

“We’re looking forward to making a real difference in our 150th year with a range of activities. We’ve chosen to celebrate being ‘150 years young’ because we intend to be part of the financial landscape for many years to come.”