MEDIA RELEASE                                   Thursday 2 August 2018

Beverley acts to boost returns to savers

Beverley Building Society is today announcing a 0.25% increase across all of its personal savings accounts to help boost savings returns across the region and beyond.

The new rates will come into effect from 28August.

Following hot on the heels of a rise for business savers in July, it means that all of the Beverley’s savers will receive a timely boost to their returns.

Chief Executive Karl Elliott said: “Helping our members build better futures is why we exist and so we are delighted to be able to announce some positive news for our loyal savers, who are the bedrock of our Society.

“We always seek to offer long term value to our savers and ensure that the interest rates we pay represent a consistently fair return.

These changes are a timely boost for our savings members across East Yorkshire and beyond and we hope that they may also give people an added incentive to think more about saving for the future.”

Please contact Tracy Fletcher of By Tracy Fletcher Limited PR if you have any questions or interview requests related to this media release, via 07983 633385 or tracy@bytracyfletcher.com

NOTES TO EDITORS

Beverley is the only independent building society in East Yorkshire. We have been supporting our community since 1866 and are committed to contributing to the vibrancy of our region by making a difference.

As a true independent, we are committed to living mutuality by building better futures for our members, new and existing borrowers and savers, our people, our community and our sector at large.

We’re powered by highly committed colleagues who go over and above, every day, to offer our customers quality, friendly, personal service.

In an age where the financial services market is moving, at pace, towards AI-powered, automated solutions, we believe there is a place for people-centred financial services and are passionate about maintaining that personal touch.

We aim to make enough profit to ensure the Society is financially strong and sustainable, and can invest in continual product and service improvements for our members. We do not pay staff bonuses and all our profits are re-invested to support this goal.