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ABS Building Society
ABS Building Society Limited was a mutual building society with its head office based in Armidale, New South Wales, Australia."Building Society" ABS was a member of the industry body, Abacus, which represents Australian and building societies. ABS had an providing financial services predominantly in the |
Building Society
A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdom, Australia and New Zealand, and used to exist in Ireland and several Commonwealth countries. They are similar to credit unions in organisation, though few enforce a common bond. However, rather than promoting thrift and offering unsecured and business loans, the purpose of a building society is to provide home mortgages to members. Borrowers and depositors are society members, setting policy and appointing directors on a one-member, one-vote basis. Building societies often provide other retail banking services, such as current accounts, credit cards and personal loans. The term "building society" first arose in the 19th century in Great Britain from cooperative savings groups. In the United Kingdom, building societies actively compete ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Armidale, New South Wales
Armidale is a city in the Northern Tablelands, New South Wales, Australia. Armidale had a population of 24,504 as of June 2018. Estimated resident population, 30 June 2018. It is the administrative centre for the Northern Tablelands region. It is approximately halfway between Sydney and Brisbane at the junction of the New England Highway and Waterfall Way. Geography Armidale is on the banks of Dumaresq Creek, in the Northern Tablelands in the New England region about midway between Sydney and Brisbane at an altitude (980 m AHD) ranging from 970 metres at the valley's floor to 1,110 metres above sea level at the crests of the hills. A short distance to the east of Armidale are heavily forested steep gorges dropping down to the eastern coastal plain. Large parts of the highlands are covered by Palaeozoic aged metamorphosed sedimentary rocks. Intruding into these meta-sediments are granite plutons which decompose to form sandy soil, slightly deficient in nutrients. There are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
