Ethnic Mutual is an Industrial and Provident Society for community benefit and is registered with the Financial Services Authority (FSA).

As an IPS, the core principle of the society is that it has a democratic system of governance based on one member one vote.

There are Two types of memberships
Individuals
there is a limit on the nominal value of withdrawable shares that individuals can buy. The current limit is £100.

Corporate
The limit on Corporate members vary. For Companies, Statutory Agencies, Banks etc, the limit is £20,000 of nominal share capital.
For other organisations similar to IPS's or indeed other IPS's, there is no limit on the value of nominal share capital they can invest.

You can dowlnload the withdrawable share application form and here.
Withdarawable Shares Application form
 
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