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AGM Questions 2026

AGM Results Marsden Building Society

At each AGM, members have the opportunity to put questions to the Board of Directors. Each question is shown below, along with a response from our Board.

Q: On page 5 of the CEO’s review 11 organisations have benefitted and yet on page 11 it states 11 projects have been supported.  Which is the correct figure?

A: 11 organisations/projects were supported in 2025; details can be found under ‘Our Charitable Foundation’.

Q: How are the projects allocated? In every district where the Society has a branch or simply on merit?

A: We receive between 40-50 applications per year.  Funding is available for organisations permanently based in Lancashire matching at least one of the funding priorities (financial well-being, a great place to be and a society for all). We can accept applications from all areas of Lancashire, although priority will be given to those based in:

  •  Burnley
  • Barrowford, Nelson & Colne
  • Clitheroe
  • Lytham
  • Poulton & Garstang

Q: How many projects were allocated in Pendle?

A: Pendle – 1, Burnley – 5, Garstang - 2, Preston - 1, Lytham - 2.

Q: Who decides which projects are supported?

A: Completed applications are considered by Community Foundation staff to check eligibility and run due diligence. A decision-making panel made up of colleagues from across the Marsden then make recommendations based on the fund’s criteria and the budget available to allocate the funding.

Q: Is it possible for an ordinary member to stand for election?

A: Yes, it is possible providing there is a vacancy on the Board, and the conditions of Rule 13 (e) are met i.e. a completed Nomination Form signed by not less than 100 members who comply with the provisions of Rule 13 (4).

Q: If yes, when did the last person stand?

A: Not in recent history.

Q: Has an ordinary member ever been elected to the Board?

A: Not in recent history.

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