CHOOSE

the account that's right for you

 

 

 

 

 

 

Our Investment policy

Your savings are guaranteed against loss
We only investing in ethical & transparant funds

Profits & surpluses are distributed back in to the local community

 

 

With several million in Member deposits safely invested with our bank, you can save without risk on a regular basis and get in to the saving habit.

 

All our deposits are protected by the Financial Services Compensation Scheme up to £85,000 of individual savings.

 

 

Every basic-rate taxpayer is now able to earn £1,000 each year in savings interest before paying any tax on it (and higher-rate taxpayers can earn £500). Subject to any changes in Inland Revenue rules.

 

STANDARD SAVERS ACCOUNT

 

If you just want to be part of your local bank and need a basic savings account, then this is it.

 

Start saving with a basic savers account. Make regular payments in by direct debit or standing order and get in to the habit of saving. It must maintain a minimum balance of £1 at all times. 

 

MIN DEPOSIT: £1

MAX DEPOSIT: £25,000

ACCOUNT FEES: Free

ACCESS: Branch | Online | Telephone.

ENGAGE CURRENT ACCOUNT
(with VISA debit card & online banking)

 

Available for everyone:

  • Employed
  • Unemployed
  • Bankrupt/IVA/DRO
  • Bad credit history

If you are fed up being charged high interest and costly fees for going overdrawn or you failed a credit check, then our current account is for you. 

 

MIN DEPOSIT: £1

MAX DEPOSIT: £10,000

DAILY ATM WITHDRAWAL: £25o

REWARDS SCHEME: YES

ONLINE BANKING: YES

 

ACCOUNT FEES

ATM withdrawal - FREE
Telephone balance enquiry - FREE
ATM balance enquiry - £0.10
Going over your account limit - NONE
Returned Direct Debits - FREE  or £10 after 3pm if you do not deposit funds
Bank statements - FREE
Copy of bank statements - FREE
Interest on overdrawn accounts - NONE
Weekly charge £2.25

ACCESS: Branch | Mobile app | Telephone

JUNIOR SAVERS ACCOUNT

 

Once your child joins and becomes a Member they have their very own savings account. 

 

A child will be supported by a Trustee (you, the parent or guardian) who will authorise withdrawals. Cash or cheque deposits can be made over the counter at our branch or by bank transfer.

 

MIN DEPOSIT: £1

MAX DEPOSIT: £25,000

ACCOUNT FEES: Free

DIVIDEND : 0.5% gross

ACCESS: Branch | Online | Telephone.

FLEXIBLE CASH ISA 

GUARANTEED CAPITAL RETURN

 

Cash ISAs allow you to save tax-free. Your ISA allowance for the tax year ending 5 April 2018/19 is £20,000.

 

Our ISA is also flexible, allowing you to withdraw and replace money without negatively counting towards your annual ISA allowance.

 

MIN DEPOSIT: £1

MAX DEPOSIT: £20,000

ACCOUNT FEES: Free

ACCESS: Branch | Online | Telephone.

DIVIDEND: 0.5% gross

INVESTMENT: Ethical

RISK: Guaranteed capital return

* subject to inland revenue rules

CHRISTMAS CLUB

 

Christmas can be an expensive time of year. If you pay for Christmas on a credit card, store card or loan, you could end up paying loads extra in interest charges.

 

Put a little aside each week for next Christmas

Take the worry out of Christmas shopping

Easy to set up and make deposits

Pays out on 1st November

 

MIN DEPOSIT: £1

MAX DEPOSIT: £25,000

ACCOUNT FEES: Free

ACCESS: Branch | Online | Telephone.

All our customer deposits are protected by the Financial Services Compensation Scheme up to £85,000 of individual savings.

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The bank for Hampshire & IOW