Pathfinder Dogs offers training, support and assistance dogs to people who are blind or partially sighted. With the help of a loan from Charity Bank, it recently bought a property to use as accommodation for clients.
Almshouses have been serving communities for hundreds of years – long before ‘affordable housing’ became a buzzword. Clerk Michael Siggs tells us about the loans process for building new homes and his experience with Charity Bank.
It all started with a pen … Back in 2011, a chance meeting led to Age UK Herne Bay taking out an ethical loan with Charity Bank. 10 years and a second loan later, what does the charity’s Chief Officer, Sue Cliffe, have to say about the relationship?
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.