Building society launches savings account to aid Sea-Changers
A new easy access savings account from Ecology Building Society will raise much-needed funds for marine conservation charity Sea-Changers.
The mutual’s new Sea-Changers Impact Saver pays 2.00% AER* / gross** variable to savers, with quarterly donations to the charity, equivalent to 1% of the annual average balances held in the account.
Pauline Crawford, Ecology Building Society’s Senior Product and Proposition Manager – Savings said:
“Our savers tell us they choose Ecology because they know their money will be invested to deliver positive impact, such as through our mortgage lending to community projects and environmentally-friendly homes.
“We wanted to find other ways to directly support causes our Members care about, so we’re delighted to announce our new partnership with Sea-Changers.
“Through our new Sea-Changers Impact Saver account, Ecology will be making quarterly donations to support the charity’s important marine conservation work.”
Helen Webb MBE, Co-Founder of Sea-Changers said:
“We are absolutely thrilled to start this new partnership with Ecology Building Society. We applaud their mission with the strong focus on having a positive impact on, people, communities and the planet.
“This feels really well aligned to the focus of our grant programmes, which exist to help communities positively impact the seas and shores where they live through conservation action. We are excited to be working with the team at Ecology.”
Ecology’s Sea-Changers Impact Saver account can be opened and operated on the Ecology App or online – find more details here.
ENDS
* AER stands for Annual Equivalent Rate and provides a means of comparing interest rates by showing what the rate would be if interest was paid and added once a year. Rates may change.
** Ecology pays all savings interest gross, which means that no tax is deducted. It’s the saver’s responsibility to pay any tax due, based on their individual circumstances. Tax rules may change in future.
