Founded in 1867, Loughborough Building Society remains true to the ideals of the group of local business men who got together to provide the people of Loughborough and District with opportunities to save and borrow money. For 150 years the Society has been helping people buy their homes and save for their future and is proud to have remained an independent, mutual provider of mortgages and savings. As a mutual building society we're owned by our customers - our savers and borrowers. Unlike banks, being a mutual business means we don't have shareholders or dividends to pay. We make every decision by putting our members' interest first and share the results of our success with them through higher interest rates for savers, lower rates for borrowers and providing better services.