If you want to invest your money in a tax-efficient and ethical way, our Foundations Cash ISA could be for you. Our Foundations Cash ISA offers a competitive interest rate, no notice and a regular savings option.
We pride ourselves in treating all members fairly and providing a personal and friendly service. We'll keep you posted on the projects we're funding and new developments in the green building community, and as a member you'll get a say in how we're run.
Best of all, you get the reassurance of knowing that your money is invested only in projects and properties that work for the good of people and the planet.
The Foundations Cash ISA is open to people aged 16 or over who are resident in the UK for tax purposes. If you invest in this cash ISA, you must not invest in another cash ISA in the same tax year.
You can find out more by downloading our Foundations Cash ISA leaflet.
If you've got any questions about whether you can open an account with us, please contact us – we'll be happy to help.
Key features
- Current interest rate 2.00% AER/Gross pa
- Tax free - Cash ISAs are exempt from income tax
- Open an account with a minimum of £25
- Cash ISA investment limit of £5,760 for tax year 2013/2014
- No notice is required for withdrawals
- Operation by first class freepost or, subject to special terms and conditions, online
- Individual customer service from our head office
- Your money is only used to support properties and projects that benefit the environment
How much can I save?
The minimum amount to open a Foundations Cash ISA is £25. The ISA investment limit for the 2013/2014 tax year is £11,520, of which up to £5,760 can be invested in a cash ISA with one provider.
You can find out more by downloading our Foundations Cash ISA leaflet.
How is interest paid?
We calculate interest on a daily basis and credit it to your account on 5 April each year. The interest rate paid applies to the entire balance in your account and we pay interest on all balances, however low.
You can find out more by downloading our Foundations Cash ISA leaflet.
How can I pay in money?
You can pay in money by sending a cheque in the post or transferring money via the banking system. We also offer a monthly savings option by direct debit or standing order (minimum £25 per month).
You can find out more by downloading our Foundations Cash ISA leaflet.
Can I transfer my cash ISA from another provider?
At present we do not accept cash ISA transfers from other providers.
You can find out more by downloading our Foundations Cash ISA leaflet or by contacting us.
How can I access my money?
You can withdraw your money without notice and penalty-free by sending a withdrawal notification form or a signed letter. The minimum withdrawal amount is £25.
You can find out more by downloading our Foundations Cash ISA leaflet.
How will you keep me informed about my savings?
We'll send you an annual statement every April, as well as a regular newsletter highlighting some of the projects your money supports. You can also view your savings account at any time using our Interactive service.
Are there any risk factors?
The interest paid is variable and may decrease. If your circumstances change and you no longer qualify for an ISA, or if the government changes or withdraws the ISA scheme, the favourable tax treatment of the ISA may end.
You can find out more by downloading our Foundations Cash ISA leaflet.
Save with us and you're helping to support sustainable development across the UK. The projects and properties we fund benefit the environment and local communities - whether it's an ecological new build, bringing a disused property back into use, or supporting a community enterprise.
We're proud to have supported over 2,000 projects since we started in 1981. Here's just one example of how we've helped:
Lydden Meadow: sustainable shared ownership
Ecology supported an affordable, energy efficient housing development in West…
We identified Ecology as being very supportive of affordable housing model. The bespoke shared ownership mortgage which they arranged for our project has been an essential part of the success of Lydden Meadow.
Buckland Newton Community Property Trust