Ecology Building Society

Saving Accounts

Ecology is dedicated to building a greener society by providing mortgages that respect the environment and support sustainable communities, funded through their range of simple, transparent savings accounts.

This content is sponsored by Ecology Building Society, founded 1981 Silsden, Yorkshire. However, Ethex only features products in the ‘Wider Market’ section of our site whose mission we wholeheartedly believe in and support.

Ecology’s Savings Accounts

Easy Access Account

A simple and transparent savings account, pay in and withdraw whenever needed and receive the same interest rate whatever your balance. Also available to open in a young person's name or on behalf of a child. There is no notice period, so it is suitable if you need access to your funds while providing support for Ecology’s lending on sustainable properties and projects. It is a low-risk account which may be suitable if you are just starting to save.

0.2%
Variable Interest
gross p.a.
Min. amount
£25
Max. investment
£125,00
Withdrawal notice
None

Regular Savings Account

A limited access monthly savings account. Also available to open in a young person's name or on behalf of a child. This is a limited-access account offering a variable rate of interest that's suitable if you can afford to save regularly and want to earn a preferential rate of interest while providing support for Ecology’s lending on sustainable properties and projects. This is a low-risk account, but it would not be suitable if you need unlimited access to your savings.

1.10%
Variable interest
gross p.a./AER
Min. amount
£25
Max. amount p/m
£250
Maximum withdrawals p/a
Two

90-Day Notice Account

A tiered long-term, variable rate savings account that's available to open in a young person's name or on behalf of a child. Available only to existing Ecology members at 7 February 2020. Ecology aim to pay a higher interest rate than their Easy Access account, and your interest increases according to the size of your balance while providing support for Ecology’s lending on sustainable properties and projects. There is a notice period of 90 days for withdrawals, so while this a low-risk account, it would not be suitable if you want to withdraw or transfer funds on a regular basis.

0.35%
Variable interest upto 0.8%
gross p.a./AER
Min. amount
£500
Max. investment
£125,000
Withdrawal notice
90 days

Ethex likes this because...

Ecology Building Society doesn’t just support others to try to live and work more sustainability: they do it themselves.

They put their ethical principles into practice throughout their operations, from managing the environmental impact of their offices to their approach to fair pay for their staff.

Since 1981 Ecology have lent to over 3,000 projects, supporting individuals, charities, environmental businesses and community-led housing organisations to realise their sustainable living ambitions.

In 2019 they lent £43.5 million to support 308 sustainable properties and projects.

More about Ecology Building society

Ecology Building Society is dedicated to building a greener society by using the funds from their savings accounts to provide mortgages for properties and projects that respect the environment and support sustainable communities. In this way, your savings can be supporting projects that make a positive environmental and social impact, as well as earning a fair financial return.  Saving with Ecology means joining a community of people who use their money to build a greener future. 

Paid content on Ethex's site

Products shown in the ‘Wider Market’ area of our site are paid for by the associated businesses. We do not carry any products on our site unless we believe in and are aligned with the aims and values of those businesses.

Ecology is dedicated to building a greener society by providing mortgages that respect the environment and support sustainable communities, funded through their range of simple, transparent savings accounts.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.