Contact
Find us
Login
Menu
Make an appointment at your local branch and we’ll open it there and then.
Branches in Mansfield, Sutton, Kirkby and Chesterfield.
We’re a building society, our profits go back into the business and community, not to shareholders.
We’re committed to developing a personal relationship with you.
Here at Mansfield Building Society, we offer a range of competitive savings accounts specifically designed for local charities, clubs and community groups based in the wider Nottinghamshire & Derbyshire area.
Browse our range of options below, or contact a member of our expert team to discuss which option would be best for your organisation.
| Minimum Balance | £100 + |
| Interest Rate (AER1/Gross2) | 2.25% |
| Interest Payable | Annually on 31 December |
| Withdrawals | 3 penalty free withdrawals per month |
| Access | Post or Branch |
| Minimum Balance | £1,000 + |
| Interest Rate (AER1/Gross2) | 4.50% (rate includes a 0.50% bonus for the first 6 months) |
| Interest Payable | Annually on 31 December |
| Withdrawals | Withdrawals, closure or transfers are subject to 180 days written notice |
| Access | Post or Branch, or exclusively online |
| Minimum Balance | £1,000 + |
| Interest Rate (AER1/Gross2) | 3.00% |
| Interest Payable | Annually on 31 December |
| Withdrawals | 1 penalty free withdrawal per calendar quarter |
| Access | Post or Branch, or exclusively online |
| Minimum Balance | £25,000 + |
| Interest Rate (AER1/Gross2) | 4.00% |
| Interest Payable | Annually on 31 December and on maturity |
| Withdrawals | No withdrawals or early closures allowed |
| Access | Post or Branch |
Our community and charity accounts are available either online, in branch or by post.
1. In Branch
Make an appointment at your local branch and we’ll open it there and then.
2. By post
Complete an application form and send it to us through the post.
3. Apply online
For select accounts, click on the link from the product details and follow the online form.
As a registered charity in the UK, it is a legal requirement to have a current account in place. The next step is to consider opening a savings account to put your surplus funds in.
A charity savings account operates in a similar way to personal savings accounts and is a specific account offered by banks, or building societies like ourselves, that gives you interest on your reserves.
The available account options and interest rates vary based on the provider so it is essential that you understand the benefits of each account and choose the right option for your organisation.
Choosing the right account for your organisation is essential and there are many factors to consider such as your available finances, branch locality, interest rates and account type.
To help you make the right decision there are a number of questions recommended by NCVO that you can ask yourself before opening an account, these include:
Here at Mansfield Building Society, we pride ourselves on our local offerings and specialise in helping local Nottinghamshire & Derbyshire based organisations make the most of their finances.
Competitive rate of interest on your cash reserves – Our competitive rates and specialist community accounts help you make the most of your available finances.
Wide range of available accounts – We are proud to offer a range of accounts from quarterly access to fixed rate bonds suitable to a variety of different situations.
Dedicated, local support – our team of local Nottinghamshire based savings experts specialise in community and charity accounts and are always on hand to answer your questions whether that be in branch or over the phone.
Answer 1
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. AERs on the Monthly Income account assume interest is added to the account each month although in practice the option to have interest added in this way is not available.
The gross rate is the contractual rate of interest payable without tax taken off.
If separate AER/Gross rates are not quoted, both rates are identical.
Tax free means exempt from UK income and capital gains tax in the hands of the investor.
Want to ask us a specific question? Enquire online here or phone us on 01623 676350
Our intermediaries website is for use by authorised intermediaries only.
Please click on the link below to proceed
Continue to intermediaries site
