Looking for a simple, no-fuss way to grow your savings and support your local community? Our new fixed term savings account might be just what you’ve been waiting for.
We’re now offering a one-year option that’s perfect if you’ve got a lump sum, you can leave untouched for a while. Just deposit once, sit back, and let your money quietly get on with the job.
How do fixed term savings accounts work?
Making money without lifting a finger – that’s the dream, right? With a fixed term savings account, that dream becomes a reality. And it couldn’t be simpler. You pop in a lump sum, leave it untouched for 12 months, and earn a guaranteed return.
At Northern Community Bank, we’re offering a highly competitive 4% AER if you deposit between £5,000 and £19,999, or 4.5% AER if you’re saving between £20,000 and £85,000. So, whether you’re saving a little or a lot, you’ll know exactly what you’ll earn by the end of the year – no withdrawals, no moving your money around, just steady, reliable growth.
And because your savings are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000, you can rest easy knowing your money is safe and secure.
The best part about Northern Community Bank’s fixed term savings account?
While your savings are working hard for you, they’re quietly doing some good for others too. That’s the beauty of saving with a credit union like Northern Community Bank – it’s not just about your future.
Behind the scenes, your deposit goes into a shared pool that helps fund affordable loans for local people. Helping to making a real, tangible difference in the community.
So, while you’re planning ahead for your own goals, you’re also helping someone else take a positive step forward. Maybe getting back on their feet, covering a curveball expense, or managing a big life moment. It’s a simple move with a big impact. Win-win.
And the feel-good factor doesn’t stop there. Every account comes with free life insurance (subject to the usual rules), and there are no fees to open or maintain the account – ever. It’s open to both new and existing members and getting started couldn’t be easier. Whether you fancy popping into a branch or sorting it from the comfort of your sofa, we’ve made the whole thing completely hassle-free.
If you want to find out more about our fixed term savings account, then pick up the phone and give us a call on 01282 691333. We’re always happy to chat things through, answer any questions, or help you get started.
