|
Cumberland
Building Society
Instant
Savings
This
is an instant access savings account
from the Cumberland Building Society
which
is a small regional building society.
It requires that you
initially invest
a minimum of £100
and you must reside
in the North West
England / South West
Scotland area.
To prevent the account
from being closed
you must also maintain an operating
balance of at least £100.
This
account is managed in branch only using
a passbook. No electronic transfers
are
allowed.
There
is a cash withdrawal limit of £500 per
day and a cheque withdrawal limit
per
day of up to £100,000 (for same day
service). If you wish to withdraw larger
amounts
by cheque then these are normally available
next day.
Any
interest is added to the account yearly
at the end of the financial year.
They
also offer regular and longer term savings
accounts.
The
Cumberland Building Society is a mutual
society that was founded in 1850.
It
currently has 33 branches mainly in
Cumbria / Dumfriesshire.
As
well as offering savings accounts, they
also offer mortgages, insurance,
financial
planning services and even a current
account (which is a rarity
amongst
building societies). They also offer
several business accounts and
have
an estate agency.
Return
to UK bank account,
prepaid credit cards or
business bank accounts
page.
|
