Swansea Building Society supports local foodbanks

Published on

Swansea Building Society has donated £3,000 to foodbanks across South Wales this Christmas.

The mutual is supporting individuals and families facing significant financial pressures due to the ongoing cost of living crisis. The contribution reflects the Society’s ongoing commitment to making a meaningful difference in the communities it serves.

The funds have been distributed to foodbanks located near the Society’s offices, ensuring the donation benefits those most in need in Swansea, Carmarthen, Cowbridge, and Abergavenny.

Each area has received £1,000, with Swansea Foodbank benefiting from the Swansea donation. In Carmarthen, the funds have been shared between Carmarthen Foodbank and Llanelli Foodbank, while in the Cowbridge and Abergavenny areas, the recipients include Cathays & Central Community Fridge Project, Splott Breakfast Club, The Gate Food Co-op, and Abergavenny Foodbank.

The Society’s decision to contribute to these vital community resources stems from its deep concern for the financial difficulties impacting its members and the wider community.

Alun Williams

Alun Williams, chief executive of Swansea Building Society, said: “We are acutely aware of the challenges the cost-of-living crisis presents to so many of our customers and their communities.

“Foodbanks have become an essential resource for many families, and we are committed to supporting the incredible work they do.

“By making this donation, we aim to help alleviate some of the pressures being felt by individuals and families across South Wales.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Arc & Co. and GB Bank complete £19.5m in complex funding deals

Arc & Co. has completed three buy-to-let transactions with GB Bank over the past...

Quantum Mortgages raises bridging LTV to 80%

Quantum Mortgages has raised the loan-to-value (LTV) limit across most of its bridging products. The...

LendInvest cuts residential mortgage rates by up to 15bps

LendInvest Mortgages has reduced rates by up to 15 basis points across its Premier...

Mansion tax plans resurface as Prime London prices slide

Thirteen years since the Liberal Democrats first proposed a Mansion Tax on properties over...

Starmer stands by Reeves despite new revelations over unlicensed let

Keir Starmer is refusing to reopen the investigation into Chancellor Rachel Reeves’ unlicensed lettings...

Latest publication

Other news

Arc & Co. and GB Bank complete £19.5m in complex funding deals

Arc & Co. has completed three buy-to-let transactions with GB Bank over the past...

Quantum Mortgages raises bridging LTV to 80%

Quantum Mortgages has raised the loan-to-value (LTV) limit across most of its bridging products. The...

LendInvest cuts residential mortgage rates by up to 15bps

LendInvest Mortgages has reduced rates by up to 15 basis points across its Premier...