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Supporting the Rural Coffee Caravan with our Suffolk Day savings accounts
Posted: 14th Jun 2019

As part of our Suffolk Day celebrations, we’ve launched two charity support Suffolk Day savings accounts for existing members and new members resident in our local postcode areas. We’ve partnered with the Rural Coffee Caravan to launch these limited edition products, which will see a bonus payment equivalent to 0.1% of balances held donated on 1 September 2019 or when the account is withdrawn from our current range, whichever is earlier.

The Rural Coffee Caravan was set up in 2003 to tackle rural isolation throughout Suffolk. The caravan delivers information and friendship across Suffolk, helping to address isolation in scattered parishes and areas where transport is limited or amenities have closed. Equipped with coffee, tea and delicious homemade cakes, the charity helps people to gain access to the benefits, services and information they may need. Founder Sally Fogden MBE was recently announced as one of the first recipients of the Suffolk Medal, a new honour recognising Suffolk’s most outstanding people.

And just last week, the Rural Coffee Caravan received the Queen’s Award for Voluntary Service - the equivalent of an MBE for voluntary groups. We’re pleased to be supporting the charity and the essential work they do in our community. As the last financial institution left in the towns of Halesworth and Aldeburgh, and with frequent news of branch closures across the region, we are all too aware of the dwindling support for vulnerable and older people. The Rural Coffee Caravan provides a vital service to those in rural areas and we are delighted to support them.

In addition to our limited edition accounts, we’ll be holding celebrations across our branches throughout the Suffolk Day Weekend on 21-22 June with tea, coffee and cakes available. A lucky group of our members will be enjoying a river cruise on the River Deben in what promises to be one of our biggest member events of the summer.

Account Details

Suffolk Day Bond

  • 1.6% Gross/AER
  • Maximum balance £100,000
    Once the account is opened no additional investments are permitted

Suffolk Day ISA

  • 1.6% tax free
  • Maximum balance subject to ISA limits
  • ISA transfers-in accepted from other ISA managers

Both accounts are fixed for three years, until 31 July 2022. Interest is paid annually on 31 July. Early closure subject to 150 days’ interest penalty.

Availability

Open for new and existing members from 1 June 2019 to 31 August 2019, or until maximum tranche has been reached. New members must be resident in local postcode areas IP, NR, CO, CM, CB and PE. No geographical restriction for existing members. Accounts can be opened in any of the Society’s branches or agencies, or by post.

For more information and full Terms and Conditions, click here.

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