MHBS Celebrates Strong Financial Results

Market Harborough Building Society is celebrating strong financial results.

It achieved a profit before tax of £3.4m last year, despite facing increased competition in their key areas of lending and savings.

Savings balances also grew by £152m, which is a new record.

Iain Kirkpatrick in front of the MHBS branch in Market Harborough

Iain Kirkpatrick, Chief Executive of MHBS said: “A huge thanks to my colleagues for delivering another record-breaking year. We couldn’t have done this without our members, who are at the heart of everything we do.

“Reflecting on 2024, it’s clear we’ve had a remarkable year, making significant progress for our customers, communities, and colleagues. We’ve achieved so much together, and it’s all thanks to the continued support and dedication of everyone involved.

“To our members, thank you for your loyalty and trust. To our communities, thank you for allowing us to be a part of your journey and for inspiring us to do more. And to our colleagues, thank you for your hard work, passion, and commitment.”

Volunteers from HAB Anti-Bullying & Mental Health receiving their cheque from MHBS

MHBS continued to build on its Thrive! Agenda, making significant contributions to support their community and the local causes their members care about.

Donations have included £50,000 to the Leicestershire and Rutland Community Foundation to support local grass root projects, £60,000 to the Leicester South Foodbank for a new community hub in Wigston and £7,000 to Market Harborough-based HAB Anti-Bullying & Mental Health, to support counselling grants for individuals facing bullying, mental health issues, bereavement, domestic abuse, and disabilities.