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Savings

County Air Ambulance Trust Savings Account

This account might be right for you if you:

  • Would like easy access to your money
  • Are happy with a variable rate of interest that can go up or down
  • Would like to save money and support the County Air Ambulance Trust

Summary

Interest rate
2.55% AER
Available to
Existing & New customers
Minimum initial deposit
£1
Interest
Paid annually

Key Product Information

Leek Building Society are proud to have teamed up with the County Air Ambulance Trust since 2008 with a savings account that enables you to help this life saving emergency service whilst you contribute to your own life savings.

The County Air Ambulance Trust plays an indispensable role in supporting operational and infrastructure projects for air ambulance services across the Midlands. Through its HELP Appeal campaign, it is the only charity in the country that funds life-saving helipads, where helicopters can land directly at NHS hospitals. This allows critically ill patients to have immediate access to the Emergency Department because saving time, saves lives.

The more you save, the greater the donation we will make each year towards the cost of running this vital emergency service – at no cost to you.

What is the interest rate?

Annual interest
2.55% Gross/AER
We calculate the interest daily and pay it annually on 1 January. 

Can Leek Building Society change the interest rates?

The interest rate on this account is variable, so it can go up or down. If the rate goes down, we’ll write to you around 14 days before the rate changes.

For more details about why we may change the rate as well as how and when we’ll let you know, please see our General Savings Terms and Conditions.

What would the estimated balance be after 12 months based on a £1,000 deposit?

The estimated balance after 12 months would be £1,025.50.

This would be the balance if £1,000 is paid in at the time the account is opened, and no money is taken out or paid in. In this example all interest is paid into the account and no changes are made to the interest rate.

This illustration is just an example to help you compare accounts. It doesn’t consider any individual circumstances.

How do I open and manage my account?

Eligibility

  • You must be a UK resident and aged 16 or over.

  • You can’t open this account for a child in trust.

  • The account is for personal use only. It is not for businesses, clubs or charities.

How to open and manage your account

  • You can open an account online, in branch or by post.

  • You need to pay money into your account within 14 calendar days of opening it. If you don’t we may close your account.

  • A maximum of £250,000 can be held in the account.

  • Joint accounts are allowed.

  • You can only open one account per customer.

  • To manage your account in branch, you’ll need to ask us for a passbook or provide photographic identification. This can be a current driving licence or passport.

How to put money into your account

  • Pay in cash or cheques in a branch.

  • Post us a cheque. Please make sure cheques are payable to yourself and not Leek Building Society.

  • Set up transfers from an account with another bank or building society or another account with us.

How to keep track of your account

  • You can view your statement online. If you have a passbook, post it to us or pop into a branch to get it updated.

Can I withdraw money?

This is an easy access account. You can take money out whenever you wish by logging into your Leek Online account, visiting a branch or sending your instructions by post.

How to take money out of your account

  • Transfer money to another Leek Building Society account or to your nominated bank account.
  • Ask for a cheque in branch or by post.
  • Visit a branch to ask for cash.
  • Closure is allowed at any time without penalty.
Additional information

Each year we make a payment to the  County Air Ambulance Trust equal to 0.10% of the average total balance held in all County Air Ambulance Trust Savings Accounts. This may change at any time without notice.

This is not a payment account.

Accounts can be withdrawn from sale at any time without notice.

We pay your interest gross. The gross rate is the interest payable before the deduction of tax. Annual Equivalent Rate (AER) shows what the interest rate would be if interest is paid and added once a year.

In some circumstances customers will be required to pay tax on interest earned. Please contact HM Revenue & Customs for further information or view their website.

You should read these terms and conditions together with our General Savings Terms and Conditions to fully understand the details of your account.  This includes standard terms and conditions relating to all our savings accounts.

The above rate is effective from 2 September 2024

We’re here to help
If you’ve any questions about these Terms and Conditions or your account, please get in touch. You can:

  • Send a secure message from your Leek Online account
  • Pop into a branch
  • Call us on 0800 093 0002 between 9am and 5pm, Monday to Friday

Apply online

Before you apply please ensure you’ve read the summary box and the terms and conditions of the account.

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Apply by post or in branch

You can apply for this account either by post or by visiting your local branch.

How can we help you?

We're always happy to help you, whatever your query. You can contact us via phone, online enquiry or pop into any of our branches.

For new savings account enquiries
0800 093 0002

Monday - Friday 9am - 5pm

For dedicated mortgages, savings, insurance and financial planning numbers, visit our contact hub.

For all savings administration enquiries
0800 281 9308

Monday - Friday 9am - 5pm

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