Charity Bank (funding local community projects)
Charity Bank is like having a savings account and donating to local charities at the same time. Because your savings are used to invest in small community projects.
The account opening process is really simple, then your money can get to work, creating change for local communities. Eligible deposits are protected up to the new limit of £120,000 under the UK’s deposit guarantee offered by the Financial Services Compensation Scheme.
So far Charity Bank has donated over £629 million to over 1,460 causes nationwide.
You can open a personal, business, charity or credit union savings account. Some examples of what these savings have funded:
- Transforming an old hotel into supported living for 11 vulnerable adults
- Funding the headquarters of an Air Ambulance
- Funding a refuge for families escaping domestic abuse
- Helping to renovate social housing properties
