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Building Society AGMs

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I have received an AGM notice in the post.

Usually I just discard these as it’s just a place to keep my money if the interest rate is fair.

This time I have taken time to read this one.

Some quite interesting information and the meeting if attended has lunch!

Has anyone here actually attended a building society AGM and if so is it worth it?

I have taken time to vote for and against several things and will send it in the post!

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Mine lets me vote online.
    I have never attended an AGM because the cost of getting there would outweigh any meal offered.
  • Mine lets me vote online.
    I have never attended an AGM because the cost of getting there would outweigh any meal offered.

    I am interested to know who actually turns up to these AGMs.

    I also voted against the appointment of two directors because I feel their pay is too much. If the society were offering more and a better rate than competitors then I’d feel they are doing their job. But rates seem pretty standard as do the types of account.
  • Old_Lifer
    Old_Lifer Posts: 780 Forumite
    500 Posts Second Anniversary
    I went to the AGM of a small regional building society just over 10 years ago. Coffee and biscuits were on offer on that occasion.



    I went because I had never attended a building society AGM before. It was much tamer than an ordinary company AGM , with no new commercial ventures or updates to discuss and no awkward questions at the end.


    I imagine that many people attending a building society AGM just happen to live nearby.
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