Having successfully raised nearly £5 million in subordinated debt, Charity Bank is now focusing on attracting new shareholders. Each £1 of equity investment can translate into £8 of lending to charities and social enterprises.
YMCA Burton on Trent helps homeless young people to get their lives back on track. CEO Paul Laffey explains how buying their property has enabled them to make improvements to the building and develop their furniture strategy for the long term.
No matter what the mission or size of your charity or social enterprise, renting can often feel like a drain on your resources. A huge outgoing expense that provides no real security or return, it can also restrict opportunities to develop or expand.
The Independent Cinema Office (ICO) is the UK’s national body that supports independent cinemas, film festivals and exhibitors of all forms. It strives to develop an open, challenging and thriving film sector.
The Independent Cinema Office (ICO) supports cinemas, film festivals and exhibitors of all forms to bring life-changing cinema to more people across the UK. Their mission is to develop an open, challenging and thriving film sector.
Emmaus Village Carlton enables homeless people to get their lives back on track. ‘Companions’ can access long-term accommodation, take advantage of work experience opportunities and regain their confidence by becoming a valued member of a supportive community.
Your money is covered by the Financial Services Compensation Scheme
Your eligible deposits with Charity Bank are currently protected up to a maximum of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. Total balances above £85,000 are not protected.
For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000).
Deposits from large companies and small local authorities are covered by the FSCS deposit protection from 30 January 2017 up to a maximum of £85,000.
Visit the FSCS website for more information or call the FSCS on 0800 678 1100 or 0207 741 4100.