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Triodos Bank launches bank account with social return

Triodos Bank launches bank account with social return

Charity Saver is a new savings account from Triodos Bank in partnership with major UK charities designed to connect people in the UK with the charitable causes they support.

The Charity Saver account allows savers to target a proportion of their interest to a specified charity. Charities can therefore promote the saving account to their supporters and encourage them to donate a proportion of their interest to them.

According to Matthijs Bierman, Deputy Managing Director at Triodos Bank, this is an important development for charities and savers alike. “The Charity Saver rewards savers with healthy interest and a unique social return. And, if you care about a particular cause, you can directly contribute to its success. Not only will the charity benefit, but so will you. You pick the proportion of interest you want to pay and we’ll make sure it reaches the charity you support.”

Amnesty International UK’s Director, Kate Allen, is enthusiastic about the prospects for the Charity Saver. “The Charity Saver Account provides an innovative way to help charities. Donations will help support Amnesty International’s vital work to protect and promote human rights around the world.”

Local and global charities should benefit, according to the Bank. David Wilson, Director of ROC (Robert Owen Communities), a local charity supporting individuals with learning disabilities in Devon, explains: “We have worked with Triodos Bank since they first came to the UK. The Charity Saver is another example of the innovative thinking of Triodos Bank.”

The Charity Saver is the first element in Triodos Bank’s ‘Take Control’ campaign which is challenging people in the UK to take control of their finances and use them to make a positive difference to society and the environment.

Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world's first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp.

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