Coventry Building Society

Founded in 1884, Coventry Building Society is currently the second-largest building society in the UK, with total assets of £51 billion. Founded much later than other major building societies, the company was for a long time focused in Coventry, with no branches outside of the city. It then grew gradually after WWII in response to competitors, and it finally became the ‘number two’ building society in the UK mainly through organic growth and some recent acquisitions.

Reviews Rating
20%
Review Score
This figure is an average of the reviews score, taken from customer reviews and the overall rating of the bank.
35%
BankRank® Score
This figure is the average of the bank’s total sentiment score and the review scores.
Matt Crabtree
Senior Editor
Matt Crabtree
Matt Crabtree is a senior editor at CompareBanks. He has over 10 years experience in writing about all aspects of finance and is passionate about helping consumers make informed decisions about their money.
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Overview

First Glance

Founded in 1884, Coventry Building Society is currently the second-largest building society in the UK, with total assets of £51 billion. Founded much later than other major building societies, the company was for a long time focused in Coventry, with no branches outside of the city. It then grew gradually after WWII in response to competitors, and it finally became the ‘number two’ building society in the UK mainly through organic growth and some recent acquisitions.

Contact Info

About

Founded in 1884, Coventry Building Society is currently the second-largest building society in the UK, with total assets of £51 billion. Founded much later than other major building societies, the company was for a long time focused in Coventry, with no branches outside of the city. It then grew gradually after WWII in response to competitors, and it finally became the ‘number two’ building society in the UK mainly through organic growth and some recent acquisitions.

Their current mission is focused on the individual, by listening to the needs of every customer and trying to provide a tailored experience.

Coventry Building Society won Fairer Finances Gold Ribbon for Savings, 8th Best Big Company to Work For, and Which? recommended mortgage provider.

Services

The company is very customer service-driven and aims at answering in under a minute.
With a large array of savings accounts and mortgages, Coventry Building Society can accommodate most clients’ needs: savings accounts range from regular savers with a 1.05% variable rate, to junior savings accounts. Early access, Limited Access and Fixed Bond are also available. Mortgage services cover first home, moving home, and remortgaging at both fixed and variable rates.

Privacy and Security

Coventry Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (firm reference number 150892).
All eligible deposits held by a UK establishment of Coventry Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Contact

0800 121 8899
Coventry Building Society
Economic House
PO Box 9
High Street
Coventry
CV1 5QN

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Are there plans to close branches as the banks have done? I am iPhone illiterate! — Jim Baker

Do they use Confirmation of Payee? — Sim

Can I open an account if I live in spain — Susan Robinson

Coventry Building Society Reviews

Carl Mason
March 26, 2024

“Coventry building society used a fake mortgage to steal an OAPs home”

Coventry building society used a fake mortgage to steal an OAPs home. The court case caused him to stop eating and taking his medication. He died a scared old man. Coventry building society does it really take 10 years to show him the unsigned mortgage he never signed?

Carl Mason
May 24, 2022

“CBS used a forged mortgage to steal an OAPs home. They refused to show him the unsigned mortgage”

CBS used a forged mortgage to steal an OAPs home. They refused to show him the unsigned mortgage. The Coventry building society's legal team was told twice to stop harrasing the OAPS, by a High Court Judge. The court case caused the OAP to stop eating and taking his medication. He died a scared broken old man. Coventry building society does it really take 10 years to show him the unsigned mortgage he never signed or saw?

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