“Dundee has the highest incidence of domestic abuse in Scotland. The need for our services is growing. After the first lockdown, there was a 600% increase in requests for refuge spaces for women and children.”
Dundee Women’s Aid was offered substantial funding towards the cost of a new refuge. But as the deadline approached, CEO Mary Miller realised their fundraising efforts were going to fall short. So, she turned to Charity Bank…
“Residents are absolutely delighted with their new home. Their families walk in now and go, ‘Wow, this is beautiful; I'd love to live here.’” Read how Sutton Housing Society is improving housing for older people.
“It would have been hugely difficult if we’d closed down; there's hardly anywhere else for these children to go. But we didn’t have enough cash to keep going, and we couldn’t get a loan from a high street 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.