Building Societies

Principality Building Society

Principality Building Society is a financial services company located in Cwmbran, Wales. As a building society, they offer a range of financial products and services to their customers. Their focus is on providing high-quality service and helping their customers achieve their financial goals. With a commitment to their community, Principality Building Society is a trusted and reliable partner for all of your financial needs.

Introduction to Principality Building Society

Principality Building Society is a financial services company that was founded in 1860 in Cardiff, Wales. The company's purpose is to provide financial services to its members, who are also its shareholders. What makes this company unique is its commitment to being a mutual society, meaning it does not have shareholders, but instead is owned by its members.

Services & products

Principality Building Society offers a range of financial services, such as savings accounts, mortgages, insurance, and personal loans. Customers can also access financial planning services and financial advice.

Location

The Principality Building Society branch is located in the Cwmbran Shopping Centre in Cwmbran, Wales. The area is known for its shopping district, with various shops and restaurants in the vicinity. There are also several public transportation options nearby, including the Cwmbran Bus Station (0.2 miles), Cwmbran Train Station (1.3 miles), and Croesyceiliog Train Station (1.4 miles).

Benefits

Customers should choose Principality Building Society because of its focus on customer satisfaction and community involvement. As a mutual society, the company prioritizes the needs of its members over profits, leading to more personalized and affordable financial products and services. Additionally, the company is known for its involvement in local communities, supporting various charitable causes and initiatives.

Good to know

Customers should be aware that as a mutual society, Principality Building Society is not a bank and does not offer the same services as traditional banks.

Reviews

Overall, customers have had positive experiences with Principality Building Society, citing its friendly and helpful staff, competitive rates, and commitment to its members.

Amenities

atm
online banking
savings account
loan
mortgage
insurance
investment
financial planning
advice
credit card
debit card

FAQ

What are your interest rates for savings accounts and mortgages?

We offer a variety of savings accounts and mortgage options with different interest rates depending on the specific product. Please visit our website or contact us for more information on our current rates.

What are the fees and charges associated with your products and services?

We have a range of products and services with varying fees and charges. These can include application fees, arrangement fees, valuation fees, and early repayment charges. We are transparent about all costs associated with our products and services and provide full details to our customers.

What is your policy on early repayment of mortgages or loans?

We offer flexibility for customers who wish to make early repayments on their mortgages or loans. However, some products may have early repayment charges that apply in certain circumstances. We encourage customers to review the terms and conditions of their specific product or contact us for more information.

Do you offer online banking services and how secure are they?

Yes, we offer online banking services that are secure and easy to use. Our online banking platform has multiple layers of security, including encryption, firewalls, and multi-factor authentication. We also provide our customers with security tips and best practices for safe online banking.

How long have you been established as a building society and what is your financial stability rating?

We have been established as a building society since 1860 and have a long history of serving our customers and communities. We are proud to have achieved a strong financial stability rating, which reflects our commitment to responsible financial management and delivering value to our members.