Barrow Cadbury Trust is an independent charitable foundation seeking to bring about a more just and equal society. It has held a £250,000 capital investment in Charity Bank since 2016 and has an Ethical Fixed Rate savings account.
Power to Change is an independent charitable trust working to strengthen the community. The trust deposited £5 million with Charity Bank in July 2019. We spoke to Ged Devlin, Development Manager at Power to Change, about the importance of positive investment.
Abbeyfield The Dales today announces it has bought Fern House with the help of loans totalling £8.5 million. The charity offers supported housing, residential care and independent living with extra care for older people in Yorkshire.
Abbeyfield The Dales gives older people the chance to enjoy life as part of a supportive community. It offers residents tailored housing solutions in addition to high-quality care and support, freshly cooked meals and a full calendar of social activities.
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.