The Board and Senior Management of the Cambridge Building Society believe, strongly, that it is in the best interest of its members, and the community within which they live and work, that the Society should maintain its independent mutual status for the following reasons:

• the Cambridge Building Society was created by previous generations for the benefit of themselves, as members, and for the benefit of future generations of members;
• being mutual and, therefore, not having to pay dividends to shareholders, enables it to charge lower rates on mortgages and pay higher rates to investors;
• because part of the Society's strategic objective is "maintaining adequate reserves" it does not need to maximise profits at the expense of its investors and borrowers as do the banks;
• the Society is prepared to open and maintain branches in rural communities from which other financial institutions have withdrawn;
• the Society is open to all members of the community and will allow an account to be opened with as little as £1;
• the Society does not make charges for counter transactions and other minor administrative services;
• the Society supports other local organisations in, for instance, the provision of social housing and community savings and loans activities;
• the Society encourages its staff to become involved in local community activities;
• the Society is a significant local employer with its head office based in Cambridge;
• it tries, where ever possible, to use the services of other local businesses, thus adding to local prosperity;
• the Society offers a choice in the financial services market in which most of the other players are national or international plc's.