I don't think it will excite many but with so little news here I will mention the new Military Mutual:


Claiming to cater to the car and buildings insurance needs of Military personnel, it will be a "discretionary Mutual" meaning it is owned by the members but funded by the European Builders Re. This is because any new Mutuals need to find £1 million before they can independently offer insurance. Hence the previous most recent Insurance Mutual arrived in 1999 but doesn't serve the public.

The most recent Mutual Building society for savings was the Ecology from 1981 although not long ago National Counties launched the Family Building Society as a "spin off" - branding exercise.