Item 8 – Appendix 2 FES 12/01/21

NatWest / Royal of Scotland (Unsure on eligibility for a Local Council)

• Instant access at 0.01%, • Notice Accounts Available • Give 35 – 0.10% or 95 – 0.15% days’ notice to access funds in notice account. • Online Management • Possible low monthly account management fee. • Reviews – Main issue is Customer Service HSBC

• Instant access at 0.01%- minimum of £5,000 • Notice Accounts Available 0.05% - minimum £50,000 • fixed savings available – 0.1% minimum £5,000 - £250,000 depending on term. • Branch and Phone Management • Reviews – Poor Customer Service Metro Bank

• Community Instant access 0.10%, • fixed term available – 12 mths 0.45% minimum £5,000 • Branch, online & phone – nearest branch is Manchester • Some charges for dealing with . • Good Reviews Bank

• Instant access 0.01%, • Notice accounts 30,60,95,120 days, 0.05%,0.1%,0.3%,0.4% minimum £500 • fixed term 3mth – 2yr 0.1% - 0.65% depending on term minimum £5,000 • Branch, online & phone • Poor rating for online and mobile banking Allied Irish Bank

• Instant access 0.01% • Fixed Term 3,6,12,24mths – 0.05%,0.1%,0.3%,0.5% minimum £5,000 • Can only open an account in-branch – nearest branch is Manchester • Once opened, account can be managed online. • Mediocre Reviews – not many branches in Nationwide

• Easy access at 0.05% V • Notice account 35 days at 0.20% V, minimum £5,000 • fixed term 12 mths 0.30% F, minimum £5,000 • 24/7 Online and Mobile Banking • Eligibility specifically mentions Town & Parish Councils • Mixed Reviews United Trust Bank

• Notice accounts 40 day – 0.70% V minimum £5,000 • Fixed Bonds 1 – 3 yrs 0.80%,0.85%,0.90% minimum £5,000 • Online Management • Faster payments cost £5, CHAPS cost £23. • BACS and cheques are free. • No public reviews. • Won a range of awards in 2019 Charity Bank

• Ethical 100 Day Notice Account 0.40 – 0.55% V Min £1,000 • Ethical Fixed rate 1 & 3yr 0.60% & 0.75% Min £10,000 • Maximum £500,000 total investment. • Money used to support Charities & social enterprises across the UK • Manage your account by post, email, and phone – no online access • No Public Reviews

Hampshire Trust Bank

• Notice Account 95 Days 0.20% V Min £5,000 • fixed rate bonds 1yr & 2yr – 0.75%, 0.80% Min £5,000 • Choice of business savings & Charity savings • Manage by post, email and phone – no online access • Gold Trusted Service Award 2019 from Feefo. • No public review on Trustpilot – just Feefo – good reviews

Redwood Bank

• Notice Accounts 35 & 95 day 0.70%, 0.95% V Min £10,000 • Apply online in 15 minutes. • Online Management • Reviews – not many and very mixed Cambridge Building Society

• Council Saver 0.10% V Min £1,000 • Can withdraw max of twice per month • Withdrawals made by – limit of £250,000 • Account opening is postal and via cheque. • No online access • No Reviews

Skipton Building Society

• Community Saver • £1 - £24,999 0.15% V • £25,000 - £49,999 0.20% V • £50,000+ 0.30% • Fixed Term (These may be just for individuals) • 1 – 5yr (0.40% - 0.65%) depending on term Minimum £500 • Local with mainly positive reviews.

Handelsbanken

• Instant Access Saver 0.01% • Notice Accounts 10 % 35 days - up to 0.05% Min £5,000 • No minimum withdrawal • Can open multiple notice deposit accounts for specific goals • Managed via Branch, Phone, Online and Mobile Banking • Nearest branch is Burnley so fairly local. • Very mixed reviews – 43% bad on Trustpilot