Cowbridge branch celebrates five years

Post by Swansea Building Society
December 19, 2022
Cowbridge branch celebrates five years

Our Cowbridge branch celebrates five years trading this month, as our Society continues to grow our customer base in South East Wales and expand our workforce across the region.

The branch, which opened during December 2017, has now reached £164 million in mortgage balances and over £61 million in savings balances with more than 3,000 savings accounts – a particularly impressive figure considering the length of time the branch has been in operation.

When we first opened the branch, it employed just seven staff at the branch and two across the East Wales region. Now the branch has 11 employees in Cowbridge, with an additional four staff employed across the East Wales/ border region, with two of these based at our office in Abergavenny.

We attributes the success of our Cowbridge branch to our East Wales team, which includes: East Wales Area Manager/Head of Savings & Marketing, Richard Miles; Business Development Manager, Martin Lewis; Cowbridge Branch Manager, David Osterland; Business Development Manager, Dan Goulding; and their assistants.  

The team’s proactive approach and strong networking have given it a greater understanding of the needs of the local community – making significant contributions to the branch’s rapid growth in mortgage and savings balances. 

Our flexible approach to lending, particularly for properties outside of the standard criteria of other lenders, is now widely appreciated throughout Wales and the Welsh Border area, and this provides a solid platform for future growth.

Richard Miles, our East Wales Area Manager/Head of Savings & Marketing, said:

“We are delighted to celebrate a very successful first five years at our Cowbridge branch. During this time, we have seen our workforce across the East Wales/ border region nearly double, and our balance sheets – mortgages and savings – pass several significant milestones.

“This success has come about thanks to the culmination of several years of investment, the hard work and dedication of our staff, and our commitment to opening and not closing branches. As we move forward, we hope to help even more people plan their finances successfully and secure the funding they need for their dream home.”

Image: Taken at the opening of the branch in 2017. Richard Miles, East Wales Area Manager/Head of Savings & Marketing - Alun Cairns, Member of Parliament for the Vale of Glamorgan - Alun Williams, our Chief Executive.

Post by Swansea Building Society
December 19, 2022