City Of Derry Building Society ISA

www.cityofderrybs.co.uk

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City Of Derry Building Society ISA

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About City Of Derry Building Society ISA

Based in Londonderry, Northern Ireland, the City of Derry Building Society ISA is a service offered by the City of Derry Building Society. From its founding in the year 1876, right up to the present day, the City of Derry Building Society has been known as a reliable and safe place for investors - with the City of Derry Building Society ISA one of the most popular investment services offered. A City of Derry Building Society ISA is an account where you can save up to a certain amount each tax year, completely tax free. Due to Government legislation everyone who lives in the UK is entitled to save up to £7,200 tax free in an ISA and UK residents may choose to deposit their cash in to a City of Derry Building Society ISA and take advantage of their interest rates. Interest rates for a City of Derry Building Society ISA have been affected by the drop in base rate from the Bank of England, so they are currently earning 3.00% tax free on balances of 5,000 or more. Described as 'mutual' and 'traditional' the building society is friendly and integrity-lead. Anyone in Northern Ireland can benefit from keeping their savings with the building society and it adheres to a strict code of practice as dictated by the Banking Code and Financial Services Authority. They are a member of the Building Societies Association and fully registered with the Financial Compensation Scheme, too, so savers can have ultimate faith that their money is safe. The City of Derry Building Society also offers several other investment and saving schemes as well as the ISA including 2 year Capital Bonds and 30 day access accounts.

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