For the thirteenth year running Charity Bank has been awarded the top spot in the Ethical Banks and Building Societies Ethical Comparison Table 2019, according to The Ethical Company Organisation’s Good Shopping Guide.
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.
EVA Women’s Aid helps women to rebuild their lives after domestic or sexual abuse. The charity gives women a safe place to call home, provides counselling and guidance, and makes sure that survivors’ voices are heard.
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.