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Fix your savings. Grow your future.

Earn up to 4.5% AER - no fuss, no surprises.

Fixed Term Savings Account

Earn a guaranteed return on your savings, while supporting your community.

Looking to make your money work harder? Our 1-Year Fixed Term Savings Account offers a competitive, fixed interest rate and helps fund affordable loans for people in your community. It’s a smart way to save and a meaningful way to give back.

Your Fixed Return, Your Future

  • 4.00% AER on deposits of £5,000 – £19,999
  • 4.50% AER on deposits of £20,000 – £85,000

This account is open to both new and existing Northern Community Bank account holders.

Please note: Funds are locked in for 12 months with no early withdrawals, so be sure you won’t need access to the money during the fixed term.

How It Works

Money that works for you

Apply online

Complete a quick application form. If you’re new, you’ll also need to open a Northern Community Bank account (it’s easy, and we’re here to help).

Deposit your savings

Between £5,000 and £85,000, in one transaction.

Let it grow

Your money earns a fixed, competitive return over 12 months.

Decide what’s next

When the term ends, reinvest or withdraw - the choice is yours.

Safe, Simple and Community Driven

  • Your savings are protected by the FSCS up to £85,000
  • No fees, no hidden charges
  • Your savings help provide low-interest loans to other account holders, strengthening our community

Why Choose a Fixed Term Account?

  • Fixed = guaranteed – Your interest rate won’t change during the term.
  • No access needed? – Locking your funds allows for better returns.
  • Purpose driven saving -Your money works for you and for others.

Eligibility

To open a Fixed Term Savings Account, you must either live or work in:

Burnley

Pendle

South Craven

Ribble Valley

Rossendale

Hyndburn

Blackburn with Darwen

Preston

Lancaster

Cumbria

Are you already a Northern Community Bank account holder?

Need To Find Out More?

If you need any more information on the Fixed Term Savings Account, our friendly team will be able to answer any questions

Contact Us