Kent Reliance Provident Society: Difference between revisions
Content deleted Content added
m →See Also: updated OSB link |
m WP:CHECKWIKI error #61 fix and general fixes, References after punctuation per WP:CITEFOOT and WP:PAIC using AWB (8463) |
||
| Line 9: | Line 9: | ||
| key_people = Malcom McCaig |
| key_people = Malcom McCaig |
||
| industry = [[Financial services]] |
| industry = [[Financial services]] |
||
| type = [[ |
| type = [[Mutual organization|Mutual]] |
||
| products = |
| products = |
||
| revenue = |
| revenue = |
||
| Line 20: | Line 20: | ||
| parent = |
| parent = |
||
| divisions = |
| divisions = |
||
| subsid =[[ |
| subsid =[[OneSavings Bank|OneSavings Bank Plc]] (59.9% [[share]]) |
||
| slogan = |
| slogan = |
||
| homepage = http://www.krps.com |
| homepage = http://www.krps.com |
||
| Line 27: | Line 27: | ||
}} |
}} |
||
'''Kent Reliance Provident Society''' '''(KRPS)''' is an [[Industrial and Provident Society]] in the [[United Kingdom]], it is also a member of [[Co-operatives UK]]. |
'''Kent Reliance Provident Society''' '''(KRPS)''' is an [[Industrial and Provident Society]] in the [[United Kingdom]], it is also a member of [[Co-operatives UK]].<ref>{{cite web|title=Co-operatives UK- KRPS|url=http://www.uk.coop/organisation/kent-reliance-provident-society-limited.}}</ref> KRPS currently holds the majority of shares in [[OneSavings Bank|OneSavings Bank Plc]]<ref>{{cite web|title=Kent Online:Kent Reliance Building Society to become a bank|url=http://www.kentonline.co.uk/kentonline/news/2010/november/19/kent_reliance_building_society.aspx}}</ref> following the transfer of the [[Kent Reliance Building Society]] business to OneSavings Plc on 1 February 2011 and the subsequent renaming of OneSavings to OneSavings Bank Plc.<ref>{{cite web| url=http://www.krps.com/introduction.htm|title= KRPS:Indroduction}}</ref> The remaining shares in OneSavings Bank Plc are owned by the [[private equity firm]] [[JC Flowers]]. The transfer was narrowly approved by 75.8% of Kent Reliance Building Society's investing members,<ref>{{cite web|title=Wikipedia: OneSavings|url=http://en.wikipedia.org/wiki/OneSavings}}</ref> compared to the 75% required to approve it. |
||
KRPS claims on its website that "...it is in the members' best interests to retain a structure that can allow for continued mutuality (through KRPS), rather than bring about an outright demutualisation [of KRBS]."<ref> |
KRPS claims on its website that "...it is in the members' best interests to retain a structure that can allow for continued mutuality (through KRPS), rather than bring about an outright demutualisation [of KRBS].",<ref>{{cite web| url=http://www.krps.com/yourquestions.htm|title=KRPS:Your Questions}}</ref> however, this could change in the future if KRPS reduces its stake in OneSavings Bank.<ref>{{cite news| url=http://www.bbc.co.uk/news/business-10849892|title=BBC News: Kent Reliance Building Society unveils banking plan | date=3 August 2010}}</ref> |
||
All members of the former [[Kent Reliance Building Society]] became members of KRPS on 1 February 2011. |
All members of the former [[Kent Reliance Building Society]] became members of KRPS on 1 February 2011.<ref>{{cite web|url=http://www.krps.com/yourquestions.htm |title=KRPS:Your Questions}}</ref> |
||
==KRPS Rewards== |
==KRPS Rewards== |
||
'''KRPS Rewards''' is a cashback and discount club which is free to join for KRPS members.<ref> |
'''KRPS Rewards''' is a cashback and discount club which is free to join for KRPS members.<ref>{{cite web| url=https://www.krpsrewards.com/krps-benefits.php|title= KRPS Rewards}}</ref> |
||
==See |
==See also== |
||
[[Kent Reliance Building Society]] |
[[Kent Reliance Building Society]] |
||
| Line 45: | Line 45: | ||
{{reflist}} |
{{reflist}} |
||
| ⚫ | |||
[[Category:Co-operatives in the United Kingdom]] |
[[Category:Co-operatives in the United Kingdom]] |
||
| ⚫ | |||
Revision as of 20:13, 15 October 2012
 | |
| 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 | http://www.krps.com |
Kent Reliance Provident Society (KRPS) is an Industrial and Provident Society in the United Kingdom, it is also a member of Co-operatives UK.[1] KRPS currently holds the majority of shares in OneSavings Bank Plc[2] following the transfer of the Kent Reliance Building Society business to OneSavings Plc on 1 February 2011 and the subsequent renaming of OneSavings to OneSavings Bank Plc.[3] The remaining shares in OneSavings Bank Plc are owned by the private equity firm JC Flowers. The transfer was narrowly approved by 75.8% of Kent Reliance Building Society's investing members,[4] compared to the 75% required to approve it. KRPS claims on its website that "...it is in the members' best interests to retain a structure that can allow for continued mutuality (through KRPS), rather than bring about an outright demutualisation [of KRBS].",[5] however, this could change in the future if KRPS reduces its stake in OneSavings Bank.[6]
All members of the former Kent Reliance Building Society became members of KRPS on 1 February 2011.[7]
KRPS Rewards
KRPS Rewards is a cashback and discount club which is free to join for KRPS members.[8]
See also
Kent Reliance Building Society
References
 | This article about a financial services company in the United Kingdom is a stub. You can help Wikipedia by expanding it. |