Charity Bank

In this blog, Ed Siegel, CEO of Charity Bank, shares how our customers have been a source of inspiration and how, as a social lender, we are adapting to meet the multiple challenges presented by the COVID-19 pandemic.

The COVID-19 outbreak has impacted businesses, charities and the lives of many around the world.

No matter what the mission or size of your charity or social enterprise, renting can often feel like a drain on your resources. A huge outgoing expense that provides no real security or return, it can also restrict opportunities to develop or expand.

Demand for charity services will continue to rise, while income generation will be a growing challenge in 2020.

Charity Bank, the loans and savings bank owned by and committed to serving UK social purpose organisations, is today announcing that it has issued its 1000th loan.

We’re honoured to have been named among companies that are Best for the World for the third year in a row, selected from more than 2,500 Certified B Corporations.

Barrow Cadbury Trust is an independent charitable foundation seeking to bring about a more just and equal society. It has held a £250,000 capital investment in Charity Bank since 2016 and has an Ethical Fixed Rate savings account.

Abbeyfield The Dales today announces it has bought Fern House with the help of loans totalling £8.5 million. The charity offers supported housing, residential care and independent living with extra care for older people in Yorkshire.

Abbeyfield The Dales gives older people the chance to enjoy life as part of a supportive community. It offers residents tailored housing solutions in addition to high-quality care and support, freshly cooked meals and a full calendar of social activities.