Ecology Building Society (savings accounts to fund green building)
Ecology Building Society offers a range of savings accounts that blend financial strength, green ethics and genuine care for members. Most funds are used to provide mortgages to do up old properties or build new homes (especially ones with environmental credentials).
Owned by its members (not distant shareholders), profits go back to improve service or do good for the planet. Money is used to help people install solar panels or refurbish draught homes, or build new ones from straw bale or cob!
Just like any other regulated bank, your money is protected for money up to £85,000 or £170,000 (joint accounts) and you can switch in 10 minutes using the Current Account Switch Service.
Just open your Ecology Building Society account and request the switch in the app (or by phone/online) and the service will securely move your salary, regular payments and direct debits in seven days.
If you’re in debt, you can usually still switch your bank account, while paying off debt at the old bank. So don’t let that stop you switching.
This building society is regulated by the Financial Conduct Authority (FCA) and covered by the Financial Services Compensation Scheme. You get all the protection you’d expect from a high street bank, with the bonus of strong green ethics.
