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Building society doubles profits

Beverley Building Society has reported one of its best-ever financial performances; the 2017 annual results just released showing the second highest pre-tax profits in five years.

Pre-tax profits in 2017 were £680,000, almost double 2016’s figure of £337,000.

Chief Executive, Karl Elliott said: “These results are important to us, not just financially, but because of the potential they offer for us to revitalise our mutual roots, ensuring that our products, customer care and the role we play in our local community are more relevant than ever.”