S
Stroud & Swindon Building Society
United Kingdom
Founded in
1850 (176 Years)
Founded
Last online: No recent activity
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Security Information
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Stroud & Swindon Building Society
Company Information
Get to know Stroud & Swindon Building Society
Founded in 1850 as the Stroud & District Permanent Economic Benefit Building Society, the company grew over 160 years through various mergers, most notably with the Swindon Permanent Building Society in 1986, which formed the Stroud & Swindon Building Society. As a mutual organisation, it was owned by its members (savers and borrowers) and its core mission was to provide mortgages and savings accounts to its community, primarily in the South West of England. Following the 2008 financial crisis, the society faced financial pressures and agreed to a merger with the larger and more stable Coventry Building Society. The merger was completed on September 1, 2010, at which point all members, branches, and operations were transferred to Coventry Building Society, and the Stroud & Swindon brand ceased to exist.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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