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Co-op Bank Community Directplus account raises over £57,000
Howard Lake | 5 December 2005 | News
The Community Directplus customer donation fund will provide donations of between £500 and £1000 to special projects ranging from Premiership coaching for disabled youngsters to the introduction of a Samaritan’s Internet helpline.
The donation fund forms part of the Community Directplus account, which was set up to service community organisations, charities, voluntary groups and social enterprises. All customers holding an account have the opportunity to apply for financial support from a fund that grows in relation to deposits.
This round of donations is the second of the year, with twenty-two groups receiving their share of £17,400 earlier in 2005. Since the fund was launched in 2003, successful applicants have received a shared donation of £57,400.
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The Community Directplus account offers low-cost 24-hour telephone, Internet and postal banking with no charges for cheques, standing orders, direct debits or cash deposits/withdrawals. For every £100 deposited in a Community Directplus account, 20 pence is added to the donation fund which is then made available for customers to apply for.
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.