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{{Short description|2011–2022 UK industrial and provident society}}
{{Short description|2011–2022 UK industrial and provident society}}
{{Use dmy dates|date=April 2022}}
{{Use dmy dates|date=April 2022}}
{{Infobox company
|name = Kent Reliance Provident Society
|logo = Kent Reliance Provident Society logo.png
| genre =
| foundation = 2011
| founder =
| location = [[Chatham, Kent]],
[[United Kingdom]]
| key_people = Malcom McCaig
| industry = [[Financial services]]
| type = [[Mutual organization|Mutual]]
| products =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =[[OneSavings Bank]] plc (59.9% [[Share (finance)|share]])
| slogan =
| homepage = {{url|www.krps.com}}
| footnotes =
| intl =
}}


'''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).
'''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).

Latest revision as of 22:32, 7 June 2024

Kent Reliance Provident Society
Company typeMutual
IndustryFinancial services
Founded2011
HeadquartersChatham, Kent, United Kingdom
Key people
Malcom McCaig
SubsidiariesOneSavings Bank plc (59.9% share)
Websitewww.krps.com

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

[edit]
  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.