Start your savings journey with Acorn Community Bank and get rewarded. Save £4/£8 per month regularly for three months and we will match your total savings with a bonus as a reward.
Your savings and bonus will be available by 10th of the following 4th month.
Start Saving today!!!! It all adds to something good.
Deposit
Make regular fixed deposits of £4/£8 per month for consecutive three months.
Bonus
Earn a bonus of £12/£24 based on your savings balance.
Total Balance
Withdraw your Savings and Bonus balance on 10th of the following fourth month.
To open an Acorn Saver, you must be an existing member of Acorn Community Bank. If you are already a member, please complete the form below to open the ACORN Saver.
If you are not already a member join Acorn Community Bank today.
| Monthly Deposits | Total Savings | Additional Bonus | Total Balance |
|---|---|---|---|
| £4/£8 per month* | £12/£24 | £12/£24 | £24/£48 |
*Deposits must occur over three consecutive months.
The Bonus paid is a fixed amount £12/£24 based on savings commitments to all qualifying accounts. For further information, please contact us via Email.
Product Information
- Available to all ACORN members who are 18 years old and above.
- Deposits into the account will have to be made by a standing order, bank transfer or CHB deductions
- £12/£24 bonus will be paid into the Acorn Saver by 10th of the following 4th months.
- Access to the account is available through online banking app.
- All Savings are protected under the FSCS scheme
Features
- Members have to deposit a fixed amount of £4/£8 per month, regularly for three consecutive months.
- No Withdrawals are allowed. Bonus will be forfeited in the event of a withdrawal.
- The account will be closed, and all balances will be transferred to your main shares account by the following fourth month.
T & C’s
- Only available to members of Acorn Community Bank
- Regular fixed deposits have to be made per month regularly for three months. No withdrawals are allowed to be eligible for the bonus pay-out.
- Account will be closed if withdrawals are requested and funds will be transferred to your main shares account.
- A member who currently has a loan in arrears, is not eligible to open the Uniform Saver.
- Offer limited to only one account per member throughout their membership.
This scheme is funded by the England Illegal Money Lending Team (IMLT). The money you receive as bonus has been recovered from the illegal activities of loan sharks, who create debt misery for many people in our communities. If you would like to find out more about the activities of the team, or if you would like to (anonymously) report a loan shark, please visit their website at Stop Loan Sharks.
Deposits
To make a deposit into your ACORN SAVER please set up a standing order or make a bank transfer. If your CHB comes directly to us you can request deductions from there directly via email. Below are the details you will need:
Wiltshire and Swindon Credit Union Ltd (Trading As Acorn Community Bank)
Account number 04242184
Sort code 30-97-41
Please make sure that your payment has a bank reference ‘Acorn 1234’ ,(1234 being your Acorn membership number)