Newcastle Permanent Building Society has been named Building Society of the Year for the third year in a row.
Money magazine announced the accolade at its 10th Annual Consumer Finance Awards ceremony held earlier in the month.
Newcastle Permanent has now won this award five times.
Newcastle Permanent was also awarded Personal Lender of the Year beating all competitors including the major banks.
Newcastle Permanent Acting CEO Mark Williams said winning two major awards is further proof our banking products offer superior value and quality.
“Newcastle Permanent is dedicated to being a genuine alternative to the major banks by delivering a broad range of consistently competitive, award-winning retail banking products for our personal and business members,” Mark said.
“In addition to our Money magazine awards, leading financial services research firm CANSTAR* has recently awarded Newcastle Permanent 19 five-star ratings to our home loan products, which is significantly more than any bank, credit union or building society.”
Image | Lincoln Rees, Chief Member Officer accepting the Money magazine award
*CANSTAR researched 1,869 home loan products from 103 providers for the star ratings.
As a complete retail financial services provider, Newcastle Permanent provides a genuine alternative to traditional banks for a range of financial services including the day to day needs of business banking members.
Besides an extensive network of branches and ATMs, Newcastle Permanent also offers comprehensive electronic banking services that allow their members to conveniently and efficiently conduct their financial business.