
The Cumberland achieves B Corp status
The Carlisle-based building society achieved a verified score of 104.6, putting it above national and sector benchmarks.

The Carlisle-based building society achieved a verified score of 104.6, putting it above national and sector benchmarks.

With funding from The Cumberland, Derbyshire Care Group completed the acquisition of three specialist assisted living homes – Francis House, St. Elkas and Spion Kop.

The mutual, which has more than 20 years’ experience working with hospitality businesses, expanded its commercial offering in 2025.

Brokers can now instantly compare The Cumberland’s products directly within the Ignite platform.

The Cumberland said its people-focused approach is central to assessing applications from self-employed individuals.

Glaholm brings over 25 years of commercial banking experience, including roles at Handelsbanken, HSBC and Yorkshire Bank.

The investment will be used to expand and improve staff accommodation, helping the business attract and retain seasonal workers.

Joining from Newcastle Building Society, Miller brings over 38 years' experience in financial services and will succeed Des Moore in 2026, following eight years of leadership.

The six-figure donation means the Cumbria-based building society has given a total of £675,000 to its Kinder Kind of Kitchen initiative since it began in 2023.

Mortgage lending increased by 6.6% to £2.76bn and savings balances went up by 7.1% to £3.01bn.

Under his leadership, The Cumberland's balance sheet has grown by 32% since 2018.

The Carlisle-based building society, which is one of the oldest still in existence, has served the community since it was formed in the city on 16th April, 1850.
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