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speedy_gonzales
21-03-2025, 08:43 PM
I'm looking for some very informal banking/financial advice.
Over the last year or so I've somehow found myself in a position within a community group that is not a registered charity.

We've liaised with the council and adopted an area of public land where we've planted a community orchard. We also host events in the local park (picnics/jamborees etc). We are constantly fund raising and investing in the local community.
Tonight I've been asked to volunteer as Treasurer and I've been tasked with arranging a bank account. We don't have a lot of funds so we're looking for someone that offers "free" banking. On top of that, to match the green credentials of the community group we're looking for an "ethical" bank but most I've seen only offer free banking to those groups with charity status.

Has anyone been in a similar position that could offer advice or even suggest someone that could offer such banking services?

Mon Dieu4
21-03-2025, 08:52 PM
You would be looking for someone that offers a Community or club and association account, the likes of Bank of Scotland, Virgin Bank, CAF bank and Co-op all offer these types of accounts, the Co-op one looks a decent enough choice

speedy_gonzales
21-03-2025, 09:29 PM
You would be looking for someone that offers a Community or club and association account, the likes of Bank of Scotland, Virgin Bank, CAF bank and Co-op all offer these types of accounts, the Co-op one looks a decent enough choice

The Co-op was where I first looked, as they definitely tick the "ethical" box but unfortunately it's registered charities or community interest companies, we're neither.
Think of us as a group of neighbours who are working together to improve a local amenity through fund raising.
We do have a committee with public AGM's.
Up until now, monies raised have been kept in a petty cash tin but we're pursuing some grants that need proper banking facilities.

But thanks for the other bank options, will look further in to it 👍🏻

Green Man
22-03-2025, 10:39 PM
Have you tried Capital Credit Union? They would fit with the ethical side.