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Acorn Community Bank Uniform Saver Account

Preparing for a new school year can be financially daunting, especially when you factor in school uniforms and related expenses on top of summer holiday costs. To help you manage your finances better, we are offering our Uniform Saver account again this year. With our Uniform Saver account, you can save a fixed amount of £5 per month from February to July 2024. As a reward for your efforts, we will add a bonus of £20 to your savings. You will be able to withdraw your savings and bonus balances by August 10th, 2024. This gives you the peace of mind that comes with being financially prepared for the new school year.

Deposit

Make regular fixed deposits of £5 per month from February – July 2024.

Total Balance

Withdraw your Savings and Bonus balance on 10th August 2024.

To open a Uniform Saver Account, you must be an existing member of Acorn Community Bank. If you are already a member, please complete the form below to open the Uniform Saver.

If you are not already a member join Acorn Community Bank today.

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Name
Monthly DepositsTotal Savings Additional BonusTotal Balance
£5 per month
February – July.
£30£20£50
The table shows the bonus pay-out at the end of the Uniform Saver term in August 2024. The above bonus is based on regular payments of the stated amount per month and no withdrawals until 31st July 2024.

The Bonus paid is a fixed amount £20 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 or a bank transfer.
  • £20 bonus will be paid into the Uniform Saver by 10th of August 2024.
  • 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 £5 per month from February to July 2024.
  • No Withdrawals are allowed. Bonus will be payable in the event of a withdrawal.
  • The account will be closed, and all balances will be transferred to your main shares account by 10th November 2024.

T & C’s

  • Only available to members of Acorn Community Bank
  • Regular fixed deposits have to be made per month from February – July and 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 the first 150 accounts. Once fully subscribed, no further application will be accepted. The last date to open and activate the Uniform Saver is February 29th 2024.

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 Uniform 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 ‘Uniform 1234’ ,(1234 being your Acorn membership number)