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Teachers Building Society
Teachers Building Society is a mutual British financial institution founded in 1966 by the National Union of Teachers (now the National Education Union). It is a member of the Building Societies Association. The Society offers mortgages which are available to teachers across England, and Wales as well as individuals of any profession in Dorset, Hampshire and Wiltshire. It also offers personal and corporate savings accounts which are available nationally. History Teachers Building Society was formed in 1966 when the National Union of Teachers The National Union of Teachers (NUT; ) was a trade union for school teachers in Education in England, England, Education in Wales, Wales, the Channel Islands and the Isle of Man. It was a member of the Trades Union Congress. In March 2017, NU ... acquired the London Scottish Building Society in order to help its teacher members onto the property ladder. The Society offered low deposit mortgages from day one in an effort “to ass ...
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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 ...
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National Union Of Teachers
The National Union of Teachers (NUT; ) was a trade union for school teachers in Education in England, England, Education in Wales, Wales, the Channel Islands and the Isle of Man. It was a member of the Trades Union Congress. In March 2017, NUT members endorsed a proposed merger with the Association of Teachers and Lecturers to form a new union known as the National Education Union, which came into existence on 1 September 2017. The union recruited only Qualified Teacher Status, qualified teachers and those training to be qualified teachers into membership and on dissolution had almost 400,000 members, making it the largest teachers' union in the UK, United Kingdom. Campaigns The NUT campaigned on educational issues and working conditions for its members. Among the NUT's policies in 2017 were: * Fair pay for teachers * Work-life balance for teachers * Against academy (England), academies * Abolition of National Curriculum Tests (SATs) * One union for all teachers The NUT offe ...
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Banks Established In 1966
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Building Societies Of England
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ...
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Teachers HQ 1362
A teacher, also called a schoolteacher or formally an educator, is a person who helps students to acquire knowledge, competence, or virtue, via the practice of teaching. ''Informally'' the role of teacher may be taken on by anyone (e.g. when showing a colleague how to perform a specific task). In some countries, teaching young people of school age may be carried out in an informal setting, such as within the family (homeschooling), rather than in a formal setting such as a school or college. Some other professions may involve a significant amount of teaching (e.g. youth worker, pastor). In most countries, ''formal'' teaching of students is usually carried out by paid professional teachers. This article focuses on those who are ''employed'', as their main role, to teach others in a ''formal'' education context, such as at a school or other place of ''initial'' formal education or training. Duties and functions A teacher's role may vary among cultures. Teachers may pro ...
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Wiltshire
Wiltshire (; abbreviated Wilts) is a historic and ceremonial county in South West England with an area of . It is landlocked and borders the counties of Dorset to the southwest, Somerset to the west, Hampshire to the southeast, Gloucestershire to the north, Oxfordshire to the northeast and Berkshire to the east. The county town was originally Wilton, after which the county is named, but Wiltshire Council is now based in the county town of Trowbridge. Within the county's boundary are two unitary authority areas, Wiltshire and Swindon, governed respectively by Wiltshire Council and Swindon Borough Council. Wiltshire is characterised by its high downland and wide valleys. Salisbury Plain is noted for being the location of the Stonehenge and Avebury stone circles (which together are a UNESCO Cultural and World Heritage site) and other ancient landmarks, and as a training area for the British Army. The city of Salisbury is notable for its medieval cathedral. Swindon is the ...
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Hampshire
Hampshire (, ; abbreviated to Hants) is a ceremonial county, ceremonial and non-metropolitan county, non-metropolitan counties of England, county in western South East England on the coast of the English Channel. Home to two major English cities on its south coast, Southampton and Portsmouth, Hampshire is the 9th-most populous county in England. The county town of Hampshire is Winchester, located in the north of the county. The county is bordered by Dorset to the south-west, Wiltshire to the north-west, Berkshire to the north, Surrey to the north-east, and West Sussex to the south east. The county is geographically diverse, with upland rising to and mostly south-flowing rivers. There are areas of downland and marsh, and two national parks: the New Forest National Park, New Forest and part of the South Downs National Park, South Downs, which together cover 45 per cent of Hampshire. Settled about 14,000 years ago, Hampshire's recorded history dates to Roman Britain, when its chi ...
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Wales
Wales ( cy, Cymru ) is a Countries of the United Kingdom, country that is part of the United Kingdom. It is bordered by England to the Wales–England border, east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in 2021 of 3,107,500 and has a total area of . Wales has over of coastline and is largely mountainous with its higher peaks in the north and central areas, including Snowdon (), its highest summit. The country lies within the Temperateness, north temperate zone and has a changeable, maritime climate. The capital and largest city is Cardiff. Welsh national identity emerged among the Celtic Britons after the Roman withdrawal from Britain in the 5th century, and Wales was formed as a Kingdom of Wales, kingdom under Gruffydd ap Llywelyn in 1055. Wales is regarded as one of the Celtic nations. The Conquest of Wales by Edward I, conquest of Wales by Edward I of England was completed by 1283, th ...
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Building Societies Association
The Building Societies Association (BSA) was originally established in 1869. It is the voice for all 43 UK building societies as well as six large credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including depo ...s.  Together these organisations serve around 25 million customers up and down the length of the UK. The BSA's objective is to push for the best outcomes for building societies and other members from the plethora of new and changing regulation and legislation in the UK and Europe. Key sector statistics Building societies have total assets of £415 billion and, together with their subsidiaries, hold residential mortgages of almost £330 billion, 23% of the total outstanding in the UK. They hold over £280 billion of retail deposits, accounting for 19% of all such deposit ...
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National Education Union
The National Education Union (NEU) is a trade union in the United Kingdom for school teachers, further education lecturers, education support staff and teaching assistants. It was formed by the amalgamation of the National Union of Teachers and the Association of Teachers and Lecturers in 2017. With 510,000 members, it is the largest education union in the UK and Europe. Governance and administration The NEU came into being on 1 September 2017. At that time a Joint Executive Council was formed with the existing structures of the NUT and ATL continuing to function as sections of the new union. Full amalgamation took place on 1 January 2019 and a new Executive Committee was elected. The existing general secretaries of the NUT and ATL, Kevin Courtney and Mary Bousted, will serve as joint general secretaries of the new union until 2023 when a single general secretary will be elected. History National Union of Teachers The NUT was established at a meeting at King's College Londo ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Mutual Organization
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as ''a mutual''. A mutual exists with the purpose of raising funds from its membership or customers (collectively called its ''members''), which can then be used to provide common services to all members of the organization or society. A mutual is therefore owned by, and run for the benefit of, its members – it has no external shareholders to pay in the form of dividends, and as such does not usually seek to maximize and make large profits or capital gains. Mutuals exist for the members to benefit from the services they provide and often do not pa ...
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