Coventry Building Society

Coventry Building Society is a mutually owned financial institution based in Coventry, England, established in 1884. Its core mission is to make individuals "better off through life" by providing financial products that help members save for their futures and achieve homeownership. As a mutual, the society operates without shareholders, prioritizing the interests of its members. The principal office is located at Coventry House, Harry Weston Road, Binley, Coventry, West Midlands CV3 2TQ, UK.

The society offers a comprehensive suite of retail financial services, primarily focusing on savings and mortgages. Its product offerings include various savings accounts such as regular savings, fixed-term bonds, and ISAs, alongside a diverse range of mortgage products tailored for first-time buyers, home-movers, remortgage customers, and buy-to-let landlords. Coventry Building Society serves a substantial member base, comprising over 1.6 million savers and 460,000 borrowers, positioning it as the second-largest building society in the United Kingdom.

In recent developments, Coventry Building Society confirmed the acquisition of The Co-operative Bank in May 2024 for £780 million, with completion anticipated in the first quarter of 2025. This strategic move is expected to broaden its product portfolio to include current accounts and business banking propositions. The society also achieved B Corp certification in 2023, reflecting its commitment to high standards of social and environmental performance. Steve Hughes serves as the Chief Executive Officer, with David Thorburn as the Chairman. As of December 2024, the society reported total assets exceeding £64 billion.