- Minimum opening amount and balance £1.
- Maximum balance per account £500,000 subject to the overall Society limit of £750,000.
- Available to new members and existing members aged 16 year and over residing in the United Kingdom.
- A passbook will be provided when the account is opened.
- An Interest Certificate can be requested each year free of charge however, a charge will be made if a duplicate certificate is requested.
Designated Client Deposit
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|Can the Loughborough Building Society change the Interest Rate?||
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Terms and Conditions
Before opening this account please read our General Terms and Conditions.
Financial Services Compensation Scheme
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a building society is unable to meet its financial obligations. It’s important that you read the FSCS Information Sheet. It provides basic information about the protection of your savings deposits.
Opening an account is easy and you can do that in any of our branches or by post.
Simply download, print and complete the application form. Then return your completed form, items to prove the entity's identity and address, the necessary identification for all signatories to the account and opening cheque to your preferred branch or post it to Loughborough Building Society, 6 High Street, Loughborough LE11 2QB.
Cheques must be payable to the account holder.
For postal applications we will accept photocopy identification documents as long as they are certified by an appropriate person such as a solicitor, accountant, bank or building society official or other financial services approved person and we are provided with sufficient information to be able to contact that person.
You should also read all the product information to ensure this account is right for you and also our General Terms and Conditions and the Financial Services Compensation Scheme Information Sheet.
Download an application form