As a mutual organisation, Scottish Building Society is owned by and run for the benefit of its members. Everyone who opens a savings account or has a mortgage with us becomes a member.
We don’t have external shareholders and we’re only accountable to our members, so unlike many other financial institutions, we don’t have dividends to pay. That means any surplus profits are reinvested in the Society to benefit our members and ensure we have sufficient funds to invest in the future and remain financially strong.
We believe we have an important role to play in both providing a safe haven for our members’ savings and in offering a range of mortgage products to suit their needs.
We encourage feedback from our members so we can continue doing what we do well doing well and improve our service and products where needed.
Our member feedback is run in partnership with Smart Money People - an independent financial services reviews organisation. Members can let us know how we’re doing by visiting any of our Relationship Centres or by leaving an online review.
We’re also committed to supporting the communities in which we operate. Through our Community Charity of the Year initiative, we allow members to select which good cause we support each year.
Our members chose Maggie's as our Charity of the Year for 2022. Maggie’s provides emotional support, a calming space, and practical advice to anyone affected by cancer. Visit maggies.org to find out more.
Leave a review at smartmoneypeople.com