27 April 2015
Principality Members raise £20,000 for Mind Cymru
Members of Wales’ largest building society have raised £20,000 for the mental health charity Mind Cymru, Principality’s Charity of the Year.
The building society’s fundraising was given the massive boost at this year’s 155th Annual General Meeting where over 26,000 Members cast their vote by post or online. For every vote received, the Society made a donation to Mind Cymru, totalling up to £20,000.
Around 260 Members, Principality’s savers and mortgage customers, attended the meeting at the Royal Welsh College of Music and Drama in Cardiff, taking the opportunity to meet Principality’s Board as well as staff and management, hear about the Society’s achievements over the past year and discover the plans for the future.
Principality Building Society’s Chairman, Laurie Adams, said: “It is encouraging to see our Members continuing to support us and we are delighted to be able to add such a large amount to our rolling total for Mind Cymru.
“As a mutual building society we don’t have any shareholders to satisfy and so everything that we do is for our Members. This year we have built on our core principles of providing a safe home for our customers’ savings and helping people to buy their homes, whilst continuing to deliver strong customer service. This, I am delighted to say, has resulted in the Society being named the most recommended savings provider in Wales* for the second year running.”
Every year Principality raises money for a different Charity of the Year. The charity is nominated by a member of staff at the Society and then shortlisted among five others, before being voted as the official charity by staff at Principality’s Cardiff-based head office, 53 branches and 18 agencies across Wales and the borders.
All the money raised in 2015 will be donated to Mind Cymru, to support the charity which provides advice and support to anyone experiencing a mental health problem. It campaigns to improve services, raise awareness and ensure that the one in four of us who experience mental health problems each year get both support and respect.
One of its priorities is to support the network of 20 local Minds to deliver services in communities around Wales. Local Minds offer direct support to people with mental health problems, including drop-in centres, counselling services and community projects.
Mind Cymru interim Director Janet Pardue-Wood said: “We are delighted to have been nominated by Principality’s employees and are proud to be their Charity of the Year. Their substantial support, from events like their AGM, will help us to continue providing vital services like our Infoline and support for the 20 local Minds across Wales to make sure that no one in Wales has to face a mental health problem alone.”
In 2014, Principality raised a record total of more than £86,000 for its 2014 Charity of the Year, MS Society Cymru.
Throughout the year Principality staff completed a range of activities including gruelling triathlons, bathing in a bath of beans and shaving their head to raise the final total of £86,156.
You can find out about your local Mind by visiting www.mind.org.uk.