Corporate Savings Account

This is a great way for local businesses, organisations, charities and partnerships through their corporate social responsibility (CSR) agenda to support their local community. Simply make a deposit with us and we will use that to support people in our community with affordable loans. All our borrowers save as they repay their loan, so they’re always building up financial resilience and learning positive money practices. We provide a Member-first ethical alternative to sub-prime high interest, payday or loan shark lenders.

We can also help your employees. The cost of living crisis affects most of us, including your employees. We can help the build up some savings and borrow affordably when they need to. By supporting Derbyshire Community Bank we can continue to grow the help we provide for Members across Derbyshire.

Benefits

• Corporate Social Responsibility
• Support local social enterprise
• Dividend paid on savings (dependent upon performance and is not guaranteed. 2% paid in 2024)
• Deposit up to £20,000
• Your money is safe. For most organisations, your savings are covered by the Financial Services Compensations Scheme (FSCS)
• Employee financial wellbeing – your people can join as a Member and enjoy the benefits
• Payroll deduction – enable your employees to save directly from their payslip – find out more

How does it work

1. Open a corporate account using the ‘join now’ form.
2. We will contact you for verification of your organisation and appointed signatories
3. We set up your account and issue your Membership number
4. Deposit funds into your account

Unfortunately we are unable to offer internet banking on corporate accounts at the moment.

Corporate Account terms and conditions

Please use this form for withdrawals or to close the account. We are unable to offer internet banking on our corporate accounts at the moment.

Withdrawal Form