Secure Trust Bank is a British retail and commercial bank. It is a constituent bank of the London Stock Exchange’s Main Market.
Established under the name Secure Homes Limited, Secure Trust Bank began life in 1952. The bank became a subsidiary of Arbuthnot Banking Group in 1985 and was renamed Secure Trust Bank in 1994. Arbuthnot Group reduced its stake in 2016, from almost 52% to just 20%.
Secure Trust Bank opened an asset finance arm in 2015; this allowed the bank to offer business lending for the first time. The personal consumer lending arm, Everyday Loans, was sold in 2016. Now, the bank focuses on business banking products, savings accounts and mortgages.
Secure Trust Bank acquired V12 Retail Finance in 2013 and offers retail finance products via this brand. It also owns the Moneyway brand, through which it offers motor finance products. Credit management and collections are offered via Debt Managers (Services) Limited, also acquired in 2013.
The bank was first listed on the London Stock Exchange in 2016. It now has offices across the UK in Cardiff, Bourne End, Solihull, Birmingham, Manchester, Rotherham, Leeds and London.
Secure Trust Bank Products and Services
Secure Trust Bank provides mortgages to those who may struggle to get lending from other retail banks, such as the self-employed, people with a limited credit history, contract employees and those with less than straightforward incomes. The bank assesses mortgage lending on an individual basis. Secure Trust does not offer mortgage advice itself but instead offers mortgages through selected intermediaries. The bank takes no responsibility for advice given by intermediaries selected by customers.
Commercial finance offers a wide range of commercial finance to support the growth and development of businesses across the country. Secure Trust also offers real estate finance to fund commercial, residential and mixed-use schemes.
Secure Trust Bank also offers a range of savings accounts to personal customers, including fixed-rate bonds and notice accounts.
Secure Trust Bank Security
Secure Trust Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Deposits of up to £85,000 are covered by the Financial Services Compensation Scheme (FSCS).
Secure Trust Bank Contact Details
One Arleston Way