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CUNA Mutual continues its expansion into the UK Building Society sector

Birmingham, 16 October 2009

CUNA Mutual Group’s expansion into the Building Society sector continues with the commitment of The Progressive Building Society to offer CMG’s MPPI product.  The Progressive Building Society is Northern Ireland’s largest Building Society.

The Progressive Building Society was established in 1914 and has its head office in Belfast.  The Society has 11 branches employing 99 full time members of staff, and an additional 49 part time members of staff.

With over 100,000 members, the Progressive will compliment the current supporting Societies namely the Melton, the Vernon and the Hanley.

Work is underway with the Society to prepare for a Q4 2009 launch.

Richard Edwards Affinity Director CUNA Mutual Group says “The Progressive Building Society is a great business with mutuality at the centre of every decision it makes.  Our values are aligned which will make for a long term sustainable working relationship, benefitting the Society, CUNA Mutual Group and the members”