Protecting your Savings

Charity Bank is authorised by the Financial Services Authority and as such it is subject to the same rules as any other bank.  With effect from 7 October 2008, cover under the Financial Services Compensation Scheme (FSCS) has been increased, and now guarantees 100% of the first £50,000 of any eligible deposits for individuals and up to £100,000 to couples with a joint account.

Our track record over the past 11 years has showed that charities and community enterprises can be responsible borrowers. In committing more than £60 million of finance, we have had to write off less than 0.5% in total without loss to any depositor. While grant-makers give their money away, a deposit with Charity Bank can make your money go further and you get it back again to give away later on.