Our purpose is to connect our communities to a better financial future and it guides us in everything we do
customers
Individuals
Businesses
Charities
profit reinvestment
Goes back into interest for the members, as they have no stakeholders
Investments in infrastructure and growth - more branches and refurbishments, digital channels, etc.
Gives money to communities
trustpilot
4.1/5 based on 316 reviews
type
Building Society
Owned by and responsible to their members (rather than shareholders)
Focus on providing mortgages and other services that help members buy homes
services provided
ethical credentials
charity work
Newcastle Building Society have an entire section on ‘Powering Communities” outlining their charitable and community initiatives including:
- Partnerships with Newcastle United Foundation, Sir Bobby Robson Foundation, Citizens Advice Gatehead, Dementia Friends.
- They have community grants for local charities across the North East, Cumbria, and North Yorkshire. Since 2016 they’ve awarded more than £1.8m to local causes.
Their total value of our community impact in 2024 was equal to £1,861,562.
policies
2024 Modern Slavery and Human Trafficking Statement
- Ensuring all supplier contracts have an anti-slavery clause
Signed up to the UN Principles for Responsible Banking, which is in line with the UN sustainable development goals and the Paris Climate Agreement