Save simply. Stay flexible.

Terms and Conditions.

• Interest payable for the Northern Saver account is described below: 

- Annual Equivalent Rate (AER) 2.78% 

- 2.75% Interest Rate (Gross) 

- No minimum deposit required

- No minimum deposit required

• Maximum total savings with Northern Community Bank must not exceed £85,000

• Interest is paid monthly on the first working day of the following month

• The interest on this account is variable and if the interest rate changes, notification will be made via the website in advance.

• The Northern Saver account is available to new and existing account holders of Northern Community Bank.

• A further deposit of £1 is required in Long Term Savings to keep your Northern Community Bank account open 

• Northern Community Bank does not deduct income tax at source, therefore the account holder is responsible for declaring interest to HMRC. 

• Account holders cannot use the funds in a Northern Saver to set against any loan.

• Northern Community Bank reserves the right to close this product at any time.

• This account does not qualify for a share of the profits

• Your eligible deposits with Northern Community Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk.

• Please also refer to the general terms and conditions of Northern Community Bank

We will contact you when your application has been processed.