Industry Financial services Website www.kingdom.bank Headquarters Ruddington, Nottingham | Area served United Kingdom Founded 2005 | |
Type Private limited company Products Mortgages, Savings, Insurance Owner Assemblies of God Property Trust | ||
Kingdom Bank Limited, commonly referred to as Kingdom Bank, is a Christian bank in the United Kingdom.
History
It was founded in the early 1950s by Pastor George Oldershaw as an informal fund to finance the development of churches within the Assemblies of God movement in Great Britain and Ireland. In 1954 the fund became a Registered Charity known as Assemblies of God Property Trust. The organisation saw slow but steady growth and was authorised by the Bank of England in the 1980s and subsequently by the Financial Services Authority.
On 1 January 2005 Kingdom Bank Limited was launched as a wholly owned subsidiary of the Assemblies of God Property Trust.
In May 2009, Kingdom Bank expanded its insurance business by purchasing the insurance business of Stewardship Services, a Christian charity.