Building Societies or Banks?

15 October 2007

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Poll Started 16 Oct 07. Are you a mutual lover?Building Societies are mutual organisations run for the benefit of their members not shareholders. Yet invariably, look at the best buy tables for many financial products and it’s the banks who top them. Does mutuality matter to you? Which is the closest to your view?

Poll Started 16 Oct 07.

Are you a mutual lover?

Building Societies are mutual organisations run for the benefit of their members not shareholders. Yet invariably, look at the best buy tables for many financial products and it’s the banks who top them.

Does mutuality matter to you? Which is the closest to your view?

Results

A. Mutually supportive. Building societies are better for the long haul.		950 votes (40 %)
B. Mutual neutral. I don’t care - it's all about the best product rates.		1,274 votes (54 %)
C. Mutually destructive. Give me a bank - at least you know where you stand.		141 votes (6 %)

                   2,365 votes received.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.