Rising rental costs are making it extremely difficult for young people to afford a home of their own. Y:Housing has come up with a unique solution – providing 100s of affordable homes in partnership with YMCAs across the UK.
The Twelve Apostles is a Greek Orthodox church in Hertfordshire. The church’s congregation has grown significantly in recent years, as has demand for its food bank. So, the church is being extended with the help of a Charity Bank loan.
10,000 young people leave care every year. Many have nowhere to turn if things go wrong. One in four will end up homeless. Andrews Charitable Trust is using its loan to give care leavers a better future. Find out how.
YMCA Together offers accommodation and support for people at risk of homelessness in Liverpool, Sefton and Knowsley. The charity recently bought 10 properties with the help of a loan from Charity Bank.
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.