Kent Reliance Provident Society: Difference between revisions

Kent Reliance Provident Society
Company type	Mutual
Industry	Financial services
Founded	2011
Headquarters	Chatham, Kent, United Kingdom
Key people	Malcom McCaig
Subsidiaries	OneSavings Bank plc (59.9% share)
Website	www.krps.com

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Latest revision as of 22:32, 7 June 2024

Kent Reliance Provident Society (KRPS) was an industrial and provident society in the United Kingdom, formed as part of the transfer in 2011 of Kent Reliance Building Society's business to OneSavings Bank plc (OSB).

The membership of the former building society was transferred to KRPS while OSB, trading as Kent Reliance, krbs and Kent Reliance Banking Services, continued the banking activities.

OSB subsequently combined with Charter Court Financial Services in 2020 to form OSB Group.^[1]

Due to the fact that the Society had evolved significantly from its original conception, at the Annual General Meeting on 26 July 2022 the members agreed a proposal to wind up the Society.^[2] Its assets to be transferred into a new charity, the ‘Kent Reliance Community Foundation Limited’.

As a result of this decision it is no longer possible to apply to become a member of KRPS.

References

^ "Disclaimer Combination with Charter Court Financial Services". www.osb.co.uk. Retrieved 30 January 2024.
^ "Future proposals | Kent Reliance Provident Society". www.krps.com. Retrieved 30 January 2024.

[1] "Disclaimer Combination with Charter Court Financial Services". www.osb.co.uk. Retrieved 30 January 2024.

[2] "Future proposals | Kent Reliance Provident Society". www.krps.com. Retrieved 30 January 2024.

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[2]

@@ Line 1: / Line 1: @@
+{{Short description|2011–2022 UK industrial and provident society}}
+{{Use dmy dates|date=April 2022}}
 {{Infobox company
-|name                  = Kent Reliance Provident Society
+|name               = Kent Reliance Provident Society
-|logo                  = [[image:KRPS.gif]]
+|logo               = Kent Reliance Provident Society logo.png
  | genre            =
- | foundation       = 2010 (Fully Operational: Feburary 2011)
+ | foundation       = 2011
  | founder          =
  | location         = [[Chatham, Kent]],
@@ Line 10: / Line 11: @@
  | key_people       = Malcom McCaig
  | industry         = [[Financial services]]
+ | type             = [[Mutual organization|Mutual]]
  | products         =
  | revenue          =
@@ Line 20: / Line 22: @@
  | parent           =
  | divisions        =
- | subsid           =
+ | subsid           =[[OneSavings Bank]] plc (59.9% [[Share (finance)|share]])
  | slogan           =
- | homepage         = http://www.krps.com
+ | homepage         = {{url|www.krps.com}}
  | footnotes        =
  | intl             =
 }}
-Kent Reliance Provident Society (KRPS) is an [[Industrial and Provident Society]] in the [[United Kingdom]]. KRPS has been set up for two purposes, the first being to hold shares in [[OneSavings]] following the transfer of [[Kent Reliance Building Society]] to OneSavings PLC in Feburary 2011, and the second purpose is to provide banking services to it's members. <ref> {{cite web| url=http://www.krps.com/introduction.htm|title= KRPS:Indroduction}} </ref> All members of [[Kent Reliance Building Society]] will become members of KRPS as of Feburary 1st 2011 <ref> {{cite web| url=http://www.krps.com/yourquestions.htm|title=KRPS:Your Questions}} </ref>
+'''Kent Reliance Provident Society''' (KRPS) was an [[industrial and provident society]] in the United Kingdom, formed as part of the transfer in 2011 of [[Kent Reliance|Kent Reliance Building Society's]] business to OneSavings Bank plc (OSB).
+The membership of the former building society was transferred to KRPS while OSB, trading as Kent Reliance, krbs and Kent Reliance Banking Services, continued the banking activities.
+OSB subsequently combined with Charter Court Financial Services in 2020 to form OSB Group.<ref>{{Cite web |title=Disclaimer Combination with Charter Court Financial Services |url=https://www.osb.co.uk/disclaimer-combination-with-charter-court-financial-services/ |access-date=2024-01-30 |website=www.osb.co.uk}}</ref>
+Due to the fact that the Society had evolved significantly from its original conception, at the Annual General Meeting on 26 July 2022 the members agreed a proposal to wind up the Society.<ref>{{Cite web |title=Future proposals {{!}} Kent Reliance Provident Society |url=https://www.krps.com/future-proposals |access-date=2024-01-30 |website=www.krps.com}}</ref> Its assets to be transferred into a new charity, the ‘Kent Reliance Community Foundation Limited’.
+As a result of this decision it is no longer possible to apply to become a member of KRPS.
 ==References==
-{{reflist}}
+{{Reflist}}
+[[Category:Co-operatives in the United Kingdom]]
-{{stub}}