What is the AGM?

What is an AGM?

An AGM (or Annual General Meeting), put simply, is the meeting of the members of an organisation. Every year we invite eligible members to vote and help shape the future of your Society. You have the opportunity to vote on who makes up our Board of directors and how your Society is run. We share with you a review of the last year as well as future plans to continue to improve the Society.

Why do we have an AGM?

As a building society, we are required to hold an AGM each year. Getting together each year gives us the chance to work hand-in-hand with our members and it’s important to us that you get your chance to vote on what matters.

The history of our AGM

We’ve been holding AGMs ever since we were established in 1875. Back then we were known as the Leeds and Holbeck (Permanent) Building Society and although our name has changed, we still remain true to the very same values. Being owned by our members and rewarding them with benefits, is as important to us now as it was in the beginning.

The meeting

Our AGM takes place every single year (as the name would suggest!). The meeting itself is usually held in April and we personally invite eligible members to come along. We understand that not everyone can make it to the event in Leeds, so we've made it easy for you to vote from wherever you are. The meeting this year is being held on 3 April 2020 in Leeds. Keep and eye out for your AGM pack or voting email in March. You can then cast your vote online, in branch, by post or in person at the AGM - the choice is yours.

Find out more about this year's AGM

You are entitled to vote if you are at least 18 years of age on 3 April 2020, and (a) had a shareholding (shareholding member) in the Society of at least £100 on 31 December 2019 or (b) owed, as a borrower (borrowing member), at least £100 to the Society on a mortgage loan on 31 December 2019; and you are either a shareholding member (whatever your account balance is) continuously between 31 December 2019 and the voting date or a borrowing member (owing us at least £100) on the voting date; and you are the first named account holder in our records.