Annual General Meeting 2020

Robert AGM

Thank you to everyone who voted as part of our AGM – particularly in the current circumstances with COVID-19. We are required by law to hold an AGM within a specified time period and this year it was a very different, scaled down meeting. We took a safe approach restricting the meeting to the very minimum number of colleagues, who are also members, and they carefully observed Government guidance. All the resolutions were passed based on all the votes received from our members online and by post.

It was great that members could still get involved by asking questions on our voting website and by post. We really value your opinions and feedback and are reviewing all of these and replying to any questions raised. Members can still ask questions using the contact us section on our website. We’ll make sure the points raised are taken into account as we run our business in the future.

As a mutual with no shareholders, voting at our Annual General Meeting is a really important way for our members to shape the future of the Society – thank you again.

Robert East, Chair of Skipton Building Society

Your vote matters

Voting for 2020 has now closed and we were delighted that so many of you took the opportunity to have your say. You can find a summary of the results here along with minutes from the meeting.

Highlights of 2019

Skipton Building Society had another good year in 2019. You can find out more about our activities in Your Society in Focus.

  • Both our mortgage and savings balances increased, despite a challenging market
  • Our average savings rate we paid in 2019 was 0.54% higher than the rest of market average for banks and building societies*
  • Over 100,000 customers registered on our new Skipton app
  • We launched our new financial advice proposition, designed to make financial advice accessible to more people
  • We raised funds for Alzheimer’s Society and Alzheimer Scotland (our charity partner) to bring the final total to over £250,000 (2017-19)
  • We committed to supporting the United Nations Sustainable Development Goals and set ourselves some challenging targets

*CACI Current Account and Savings Database, Stock, including fixed and variable rates. CACI is an independent company that provides financial benchmarking data which covered 87% of the cash savings market in 2019. Data correct as at 16 March 2020.

Summary Financial Statement

You can also read about our 2019 financial performance in the Summary Financial Statement.

Find out more

Meet your Board

All of your Board members have been selected for their skills and experience and their commitment to Skipton.

Meet your Board

Prefer to receive your AGM pack by email?

You can register to receive your AGM voting pack by email rather than post for future AGMs.

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