Newport-based Monmouthshire Building Society, one of Wales’ largest and most successful financial institutions, has opened a new agency in the Cowbridge office of Brinsons Fairfax Estate Agents.

The new agency is the latest addition to the growing number of MBS agencies and branches covering the whole of South Wales, from Chepstow to Swansea.

Andrew Lewis, chief executive of the society, said: “As a regional building society, we remain committed to providing the best possible customer experience, and part of that commitment is to maintain our planned growth strategy and increase our high street presence across South Wales.”

Last year, the society, which has its head office in John Frost Square, Newport, announced another excellent set of annual results, in which its assets grew to a record £885m, up from £819m the previous year. In the 12 months to April 30, 2013, it experienced 8.1 per cent growth, while profit after tax reached £3.1m.