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Review of the Family Building Society, Savings:
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2025 "Performance"

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In the 2025 Members Update document we can read all about the BS's performance [or lack of] compared to the CEO's renumeration package. In 2025, based on total assests of just short of £3billion, they actually made a pre-tax loss of £0.4million. I mean - do they actually know what they are doing? Anyone organisation that has access to £billion and can't make a profit needs to change career. Based on this shocking performance the CEO's total renumeration package was £462,000. He actually had the nerve to award himself a £37,000 "performance" bonus. And his salary is the tip of the iceberg when we also add other directors, and cling-ons. For example, S. Wainwright drew £73,000 but what did he add to the £3bn assets versus £0.3mn loss? Reviewed on: 31st March 2026
Reply from Family Building Society Thank you for taking the time to leave us this review. To answer your query, please email our dedicated inbox at [email protected] Kind regards, Family Building Society Response date: 1st April 2026
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