Support your favourite club, charity or organisation – not to mention your savings with our fantastic Affinity Account.
Click here to download our latest Interest rates in a PDF format.
| Summary Box - Key Product Information for our Savings Accounts | |
| Account Name | Affinity Account |
| Interest Rates (AERs) | • For a full list of our current interest rates, either go to www.theloughborough.co.uk, call 01509 631960 to request an
interest rates booklet or visit your nearest branch. • Interest is variable and added annually on 31st March. |
| Tax Status | • Interest on your account will be paid ‘net’ (after taking off tax at the basic rate) unless you are entitled to receive it ‘gross’, and you complete and let us have HM Revenue and Customs Form R85. Even if interest is paid net, you may be liable to pay additional tax depending on your income. For further details, please see the booklet “Taxation of Building Society Interest”, a copy of which is available on request. • A tax certificate may be requested each year free of charge. A charge will be made if a duplicate certificate is requested. |
| Conditions for bonus payment | • A bonus of 1% of all balances is paid to the club, society or company on 31 March if the Affinity account has 25 members or more. If it has 24 members or less then only the interest rate will be paid. |
| Withdrawal arrangements | • Instant access, subject to Society limits. |
| Access | • Branch / Post |
• Minimum Opening Balance: £10.
• Maximum: £100,000 per individual or joint investors.
• Available to any members of a club, society or company who wish to save for a common purpose eg. Christmas party or new sports equipment.