Scarborough Building Society Clubs & Charities Account launched

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Scarborough Building Society Clubs & Charities Account launched

A new Scarborough Building Society Clubs & Charities Account has been launched, it has been announced today.

Interest rates per annum for balances of £1 plus will be offered on the Scarborough Building Society Clubs & Charities Account on up to six withdrawals per year.

The interest rate on an account taking seven or more withdrawals per year is reduced but only to 3.4 per cent per annum.

Registered charities can benefit from the Scarborough Building Society Clubs & Charities Account which is only available through Scarborough's branch network.

Involvement in local community and charity initiatives is part of the building societies commitment to corporate social responsibility.

Head of marketing at Scarborough Building Society, Tony Burdin, said: "We decided to launch the dedicated charities account as another vehicle for adding value to organisations which give a lot to our heartland communities and need a little helping hand."

The Scarborough Building Society also offers mortgages, credit cards, personal loans and insurance.

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