Unity Trust Bank offers a range of business savings accounts to suit your organisation and earn you interest. The money you deposit will, in turn, help us to help other organisations make a real difference to society. Select the options below to learn more about our savings accounts.
Fixed Term Deposit Accounts
A Fixed Term Deposit Account could be for you if you’re happy to leave your money untouched for a fixed period and receive interest at maturity, want to save a lump sum of £50K or more rather than making regular deposits, and want certainty of what interest you will earn on your savings.
Instant Access Savings Account
If your business will be adding to the account or needs to access savings before the end of the term, or you don’t have easily accessible funds to deal with emergencies, our Instant Access Savings account could be the account for you.
Please see specific terms and conditions of account for more information.
Our savings accounts, including fixed term and instant access, are not designed for transactional banking. This means you cannot use them to make payments through Online Banking, to make a payment or withdraw funds***.
In exceptional circumstances** if you wish to make a payment or withdraw funds you will need to request a transfer to an internal or external account, for which there may be a fee*** or loss of interest**.
* AER stands for Annual Equivalent Rate and illustrates the interest rate if interest was paid and compounded each year.
** You will not be able to access the funds early unless we are satisfied that exceptional circumstances exist. Examples are death of a sole trader or member of a partnership, exceptional financial difficulty, or vulnerability. If we grant early termination the interest rate applied for the entire period will switch to the default rate of 2.75% AER*.
*** Fees can be accessed in the Fixed Term Deposit Account Terms & Conditions.
Select a Savings account most suited to your organisation’s needs using the options above.
You will need to hold either a Unity Current Account or Instant Access Savings Account to progress your application. You can apply for one online, free of charge.
If you already have a servicing account with Unity, complete and sign the appropriate Savings application form and submit along with any supporting documentation:
Apply for a Fixed Term Deposit Account Apply for a Instant Access Savings Account
We will be in touch by email to progress your application.
Got a question?
It’s good to know that your eligible savings with Unity Trust Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. You can read more about your savings protection here.
“I like the fact that Unity Trust Bank helps people who help other people. Dentistry is a business but we’re also helping people with their teeth and self-esteem.
"Some lenders just see things from a business point of view, but Unity are very supportive of what we’re trying to achieve. I also like the personal service they offer.”
James Cooper Briggate Dental
“I had heard that Unity Trust Bank helped businesses that support local communities. After my initial meeting with relationship manager, Scott, I felt confident in his ability to guide me through my first pharmacy acquisition. Scott’s communication and timely advice assisted in keeping all parties involved in the lead up to successfully finalising the deal on time.
"I’m delighted to work with Unity as their values are very similar to mine. I’m also trying to help the local community and offer more services to those in need.”
Clare Brogan Broom Pharmacy
“Mike and the team have been incredibly supportive throughout this process. It is always a squeeze getting innovative projects like this over the line. Having a supportive banking partner like Unity who believe in what we are trying to do is crucial.”
David Nugent Canopy Housing
“I’m delighted to refinance with Unity. They are a very good fit for my portfolio from a social marketing side. Other banks were interested, but the whole bureaucracy of asking for something and it taking six months to sort out put me off. I like the old-fashioned way of being able to speak to someone and it getting done immediately.”
Danielle Hignett Hazel Tree Montessori Nursery
“When my loan agreement came up for renewal, I decided to switch to Unity as it gave my business the ability to grow at the pace I want. Unity offers a new concept in banking – it’s entrepreneurial, has good ethical grounding and an appetite for things that are relevant in the marketplace.”
Lyndsay Grant Little Learners
