Branch Saver Account

The Hanley's Branch Saver Account is specifically designed for our customers who want their savings to track the Bank of England Base Rate whilst still having the option to withdraw money once a month

Product Details

Account Ownership

 

Customers may only hold one account either individually or jointly.

Product Availability

 

This account can only be opened by visiting a Branch of The Hanley

Interest Rate

 

A variable rate of interest guaranteed to track Bank Base Rate until 31 May 2009 when we will contact you to advise you of the rate of interest applicable as from 1 June 2009.

Minimum Opening Balance

 

Minimum account opening balance of £1,000

Maximum Balance

 

Maximum account opening balance £25,000 or if held jointly £50,000.

Interest Paid

 

31st August

Interest Payment Options

 

Interest is paid annually on 31 August and can be:
• Added to the account
• Transferred to another account with The Hanley
• Transferred to another bank or building society (interest will be added to the account if the amount is below £10).

Withdrawal Restrictions

 

One penalty free withdrawal per month others subject to 30 days loss of interest.
£1000 must remain in the account following any withdrawal. Should the balance fall below this amount we have the option to close or transfer your account balance to a more suitable account type, after giving you 30 days notice of our intention to do so.

Account Operation

 

Direct Debit.
Branch Visit.
Internal Transfter from an existing Hanley Account..

Printer Friendly Details

  Branch Saver.pdf
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Hanley Savings
   
Branch Saver Back
"We use our Branch Regular Saver Account to plan for our holiday each year" - Mike
   
   
   
   
Site Last Updated: 30 April 2008

The Hanley Economic Building Society is authorised and regulated by the Financial Services Authority
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Page: http://www.thehanley.co.uk/branch_saver_14.html