Secure Trust Bank
General Information
Overview
Secure Trust Bank was founded in 1952 and became part of Arbuthnot Banking Group in 1985 until 2016 when Arbuthnot reduced its stake to 18% enabling Secure Trust to join the main market of the London Stock Exchange in October 2016. It owns brands including V12 Finance, Debt Manager and Moneyway.
Banking Licence
Secure Trust have their own banking licence which isn’t shared with any other banks
Registration Numbers
Companies House Number: 541132
Financial Conduct Authority: 204550
Based: Solihull is the Bank’s head office, but Secure Trust has offices in Birmingham, Cardiff, Leeds, London, Manchester, Reading and Rotherham
Date Launched: January 1952
FSCS Protected? Yes
Branches: Secure Trust does not have any branches
People of Interest
Head of Savings
Jon Wilson (Group Head of Marketing) is responsible for savings
Chief Executive
David McCreadie
Saving Information
No. of Savers
Unknown – estimated at approximately 65,000
Amount of Deposits
£2.54bn (as of March 2023)
Loan Book
£3.01bn (as of 31st March 2023)
Account Opening and Management
How Do I Open a Savings Account
Internet
How Do I Manage a Savings Account
Internet, Telephone
Lending Activities
Secure Trust has two lending divisions:
- Consumer finance – which comprises:
- retail finance (finance provided by retailers in store and online to their customers)
- motor finance
- debt managers (a debt collection business)
- Business finance – which comprises
- asset finance (for small and medium sized enterprises to acquire building equipment, commercial vehicles and manufacturing equipment)
- real estate finance (residential development and investment properties)
- commercial finance (invoice discounting and factoring)
Reviews
Feefo Reviews
Trustpilot Reviews
Savings Guru Verdict
Secure Trust Bank set the blueprint for many of the specialist lending banks which have come to the market since the UK government sought to encourage new entrants after the financial crisis of 2008.
Its savings products are usually very competitively priced and almost always appear in our best buys as a result. However, they are often only available for a few weeks before being withdrawn completely. Savers sometimes find this approach frustrating, as they have no options at all when this happens.
Contact Information for Secure Trust Bank
Contact Details
Address: Yorke House, Arleston Way, Solihull, B90 4LH
Telephone: 0345 111 7092
Website: www.securetrustbank.com
Email: savings@securetrustbank.co.uk
Open: Monday to Friday, 9am – 5pm and Saturday 9am – 1pm.