Please find our historic rates here
In order to become a member of the SNU Trust, each church must open a Deposit Account. The balance in the Deposit Account must be at least £250 and this gives you access to all other savings and loan products.
- Minimum balance of £250
- Instant Access
- Variable Rate
- Instant Access
- Minimum balance £250
- Interest applied annually on 31 December
AER/Gross p.a (variable)
Our simplest savings account
- Earn interest whilst keeping funds easily accessible
- Set cash aside for unexpected bills
- Can be easily withdrawn with no notice required
- Variable Rate
- Instant Access
- No minimum balance
- Easy to apply for
AER/Gross p.a (variable)
This account allows your church to earn a better interest rate if you think you are able to tie up your funds for 1 year. The SNU Trust understands that there could be occations where your church needs to release it’s funds earlier due to unforseen circumstances. The terms of the account allow you to break the agreement without notice should you need to.
- Set aside funds for specific projects
- Earn better rates on money that is unlikely to be needed in the next year
- Access to Funds on Maturity
- Minimum Balance £5,000
- Interest paid on Maturity
- Rate Fixed for the term of the account
AER/Gross p.a (fixed)
Our best account for funds that are for a rainy day. As with all our fixed term accounts, should your church suddenly need access to your cash you are able to end your term early.
- Lock away excess funds for the future
- Maximise the interest earned
- Certainty of the income on maturity
- Access to Funds on Maturity
- Minimum Balance £5,000
- Interest paid on Maturity
- Rate Fixed for the Term of the Account
AER/Gross p.a (fixed)
Our Regular Saver allows churches to save on a regular monthly basis over 1 year, towards a specific project or maybe just to earn interest on any excess cash left over at the end of each month.
- Get into the habit of saving on a regular basis
- Generous rates from as little as £1 per month
- Access to funds after 1 year
- Save between £1 – £1,000 per month
- Interest paid on maturity
- Rates Fixed for the Term of the Account
- Apply today
AER/Gross p.a (fixed)
On monthly deposits between £1 – £100
On monthly deposits between £101 – £249
On monthly deposits between £250 – £1,000
The 95 Day Notice Account allows members to invest a minimum of £20,000
The rate offered on the account is variable and we would give you notice of 14 days plus the notice period required for withdrawals before the change takes effect. If you do not agree with the rate change then you have the right to give notice to close the account.
- 95 Days notice must be given to access funds
- Minimum balance of £20,000
- Access after 95 days
- Minimum Balance of £20,000
- Variable rate of interest
- Interest paid 31 December annually
AER/Gross p.a (variable)
Instant access savings accounts allow you to withdraw your money whenever you need it.
Notice accounts enable you to earn better rates of interest than on instant access accounts without tying your funds up for longer periods of time. The rate can be varied however you will be given notice before any change is introduced and you have the option to give notice to close your account before the rate is changed if you wish to.
It is important that you only invest money that you won’t need access to straight away as the 95 Days notice must be given before the funds can be withdrawn.
Fixed rate savings allow you to fix your interest rate for a set period of time, and it will not be changed. By contrast, instant access savings account rates are variable and can be changed, e.g. to take account of Bank of England base rate changes, or changes in rates paid by other banks.
Fixed rate accounts offer guarantees over what interest you’ll earn over a ‘term’. This is the set time period offered by the SNU Trust. At the Trust we offer terms of either 1 or 2 years.
It is important to note that you can end your term early and access your cash, any interest would then be calculated from the opening date to closure on the current Investment rate.
Contact our staff to discuss your banking arrangements to ensure you are earning as much interest as possible on your savings.