Saving with Purpose
Every pound you put away helps power local people, projects And possibilities.
It’s not just saving, it’s backing your community and making a difference where it really counts.
Open A Risk-Free Savings Account
Open a savings account with us and we’ll use your money where it can make a difference.
Key information
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We offer targeted dividends on our accounts. This is different to interest. Dividends are like ‘profit-share’ and are dependent on the bank's performance.
Our dividends are ‘targetted’. This means it is projected at a rate we feel is very likely to be a minimum payment. We review these dividend projections quarterly. They are not guaranteed.
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Our investment risk attitude is classed as ethical-cautious. We invest in a better society. We only invest in ethical funds that have social impact.
A ‘direct’ investment is where we directly invest money into a social goal set by our members and board.
An ‘indirect’ investment is where we invest in other financial institutions that align with our social goals.
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You must be a UK resident of 18 years of age or over (excluding junior accounts). Your credit rating has no impact on your ability to open a savings account with us.
You can open or close an account with us at any time with no fee and close your account with no penalty.
Individual deposits up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS).
Choose your perfect account
Prize Draw Saver
What is it?
A regular monthly savings account.
Reason to choose it
Save from as little as £1 and you’re in with a chance of winning monthly tax-free cash prizes.
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A fee-free instant access regular saver account with monthly prize draws. Minimum balance of £1 and a maximum balance.
Same-day access before 3 pm excluding weekends & bank holidays.
Christmas Club
What is it?
A regular monthly savings account.
Reason to choose it
When you don’t want to plan for for Christmas and make it easier on they pocket.
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A regular saver account which pays out annually on 1st November.
Minimum balance of £1 and a maximum balance of £10,000. The account is instant access.
Save To Borrow
What is it?
Save regularly for your next loan.
Reason to choose it
Save and then borrow up to 3x your savings with a guaranteed loan at the end.
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If you have struggled to get a loan, just start saving and build up a regular payment history with us. You’ll get a guaranteed loan of up to 3x your savings (subject to status).
Ethical Cash ISA
What is it?
A regular monthly or lump-sum transfer savings account.
Reason to choose it
A zero-risk tax-free to save in an ethical and community-focused way.
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An Individual Savings Account (ISA) is a tax-efficient way to save and support local communities and earn a dividend.
Community Group
What is it?
An ‘always fee-free’ account for small community groups and organisations.
Reason to choose it
When you need a simple, no-hassle account number and sort code.
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A community group deposit account. It is specifically designed to help small local groups and organisations open a bank account so they can receive grants and donations and make BACS payments.
The account also allows same working day transfers in and out of the account by bank transfer.
This is not a business account.
Junior Account
What is it?
A regular monthly savings account for the young ones.
Reason to choose it
You want to build a regular child savings account to help secure a great start in life.
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A medium-term regular saver with a minimum balance of £1 and a maximum balance of £10,000. The account is instant access.
Not sure what account is best for you?
Call 02392 827980 and speak to a friendly member of staff.
Individual deposits up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS). The £85,000 limit relates to the combined amount in all the eligible depositor´s accounts
Download the membership terms and conditions
