When your account dies
Article Abstract:
Investors may find that their savings accounts have been discontinued, with the rate reduced, despite rates offered on other accounts being increased. Some UK building societies believe that investors should inform themselves of changes, and that the building society has no duty to do this for the investor. Other building societies provide information on obsolete accounts. Some building societies offer helplines for their investors, and investors can also use the financial press to compare rates.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Woolwich Building Society: catching the habit
Article Abstract:
The Woolwich Building Society could become a public limited company, shedding its mutual status. The company has confirmed that it is considering this possibility, which would allow it to carry out acquisitions more easily. Alliance and Leicester is also a possible candidate for a flotation, as is Britannia. The Woolwich has increased the minimum amount needed to start an account qualifying for membership of the society, and the Alliance and Leicester has done the same thing.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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What's it worth?
Article Abstract:
Northern Rock building society has low costs and can thus offer good rates for savers. Postal accounts are processed centrally and this helps keep costs down. Northern Rock has been helped by its low exposure to the mortgage market of south east England, and tends to avoid large loans and first-time buyers. The company focuses on loans which represent a small proportion of the property's value. This helps keep keep write-off levels low.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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24th April 1992, from the looks of it I have had £1.87p in the book since that date, can you tell me how I can find out if this is worth anymore. thanking you in anticipation. MRS.V.Hewitt
Tim Hughes