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February 25, 2019

Kingdom Bank launches new Church and Charity Reserve account

Kingdom Bank has recently launched a new Savings account designed specifically for Churches and Charities, which includes:

·  A current interest rate of 1.25% on deposits over the minimum balance of £20,000

·  One withdrawal of up to £10,000 without notice in a rolling 90 day period with additional withdrawals or withdrawals for more than £10,000 requiring 90 days’ notice.

· Telephone banking facility for withdrawals.

Full details and interest rates are on our website.

In addition saving with Kingdom Bank enables customers an opportunity to support a Bank that is working towards growing God’s Kingdom further.

Since 1954 the Bank has served churches and this experience and knowledge has been used to develop and launch this new account. The Bank currently assists churches, charities and individuals to invest in projects that reach out and support people and organisations, changing lives for good. More information on the Bank’s work can be found on our website www.kingdom.bank

Chris Sheldon CEO said ‘The Bank has been built on offering a range of financial services to churches and charities and this new product has been launched with these customers in mind and to enable us to extend our mission to support growth in God’s Kingdom’

For further information please contact Kingdom Bank on 0115 9217280 or see our website: https://www.kingdom.bank/products/church-and-charity-reserve-account

Kingdom Bank Limited is registered in England and Wales No.4346834. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered Office: Ruddington Fields Business Park, Mere Way, Ruddington, Nottingham, NG11 6JS. Our Financial Services Register number is 400972. The Financial Services Register can be viewed at https://register.fca.org.uk/

Press Enquiries: Richard Dearden, Head of Business Development. 0115 921 7250

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