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Teachers Building Society Launches New Savings Account

Jan 16, 2018

Teachers Building Society has launched a competitive 90-day notice account. Providing an attractive interest rate on savings up to £500,000, the account is available exclusively to schools, National Education Union (NEU) associations, pre-schools and charities supporting the education sector. 

 Additional highlights of the ‘Education Community Saver 90’ account include:

  • A low minimum opening balance of only £1,000
  • No interest charges for withdrawals following ​90 days' written notice

Simon Beresford, Chief Executive of Teachers Building Society, said, “When it comes to savings accounts, there are so many on the market to choose from. As the only building society founded by teachers for teachers, we offer a variety of savings accounts and invest this money back into the products and services that we offer. By investing in the ​Education Community Saver, our education community business customers will not only benefit from a preferential interest rate, but will ​be directly helping other teachers to own their own homes.”

Further information and easy to complete application forms are available here.