Interest rates

Business Directplus

 Net %Gross %AER %Interest credited
Up to £999 0.00
0.00
0.00
Monthly
£1,000+ 0.10 0.12 0.12
£5,000+ 0.12 0.15 0.15
£10,000+ 0.15
0.18 0.18
£25,000+ 0.17
0.21
0.21
£100,000+ 0.20
0.25 0.25
£250,000+ 0.22
0.28
0.28

FSB Business Banking

 Net %Gross %AER %Interest credited
Up to £999
0.10
0.12
0.12
Monthly
£1,000+
0.12
0.15
0.15
£5,000+
0.15
0.18
0.18
£10,000+
0.17
0.21
0.21
£100,000+
0.20
0.25
0.25
£250,000+
0.22
0.28
0.28

Community Directplus

 Net %Gross %AER %Interest credited
Up to £1,999 0.00
0.00 0.00
Monthly
£2,000+ 0.10 0.12 0.12
£10,000+ 0.12 0.15 0.15
£25,000+ 0.15 0.18
0.18
£100,000+ 0.17 0.21 0.21
£250,000+ 0.20
0.25 0.25

Co-operatives Directplus

 Net %Gross %AER %Interest credited
Up to £1,999 0.00
0.00
0.00
Monthly
£2,000+ 0.10 0.12
0.12
£10,000+ 0.12 0.15
0.15
£25,000+ 0.15 0.18 0.18
£100,000+ 0.17
0.21 0.21
£250,000+ 0.20
0.25
0.25

Rates correct as at 1st January 2015 - but are subject to variation unless otherwise stated.

Interest on all our current and deposit accounts is calculated daily on the full cleared balance.

Business Select - Instant Access

 Net %Gross %AER %Interest credited
Up to £2,499 0.05
0.06 0.06 Twice Yearly
£2,500+ 0.05 0.06 0.06
£10,000+ 0.05 0.06 0.06
£50,000+ 0.05 0.06
0.06
£250,000+ 0.10 0.12 0.12
£500,000+ 0.12 0.15 0.15

Business Select - 14 Day Notice

 Net %Gross %AER %Interest credited
Up to £2,499 0.07
0.09
0.09 Twice Yearly
£2,500+ 0.07 0.09 0.09
£10,000+ 0.07 0.09 0.09
£50,000+ 0.07 0.09 0.09
£250,000+ 0.12 0.15
0.15
£500,000+ 0.15 0.18 0.18

Corporate Treasury

 Net %Gross %AER %Interest credited
Up to £49,999 0.07 0.09
0.09
Monthly
£50,000+ 0.15 0.18 0.18
£250,000+ 0.20
0.25 0.25
£500,000+ 0.25 0.31 0.31
£1,000,000+ 0.30
0.37 0.37
£3,000,000+ 0.30 0.37
0.37

Public Sector Reserve

 Net %Gross %AER %Interest credited
Up to £49,999 0.07 0.09 0.09 Monthly
£50,000 to £249,999
0.15 0.18 0.18
£250,000 to £499,999
0.22 0.28 0.28
£500,000 to £999,999
0.25 0.31 0.31
£1m to £2,999,999
0.30 0.37 0.37
£3m+
0.30 0.37 0.37

Corporate Reserve

 Net %Gross %AER %Interest credited
Up to £49,999 0.07
0.09 0.09
Monthly
£50,000+ 0.10 0.12
0.12
£250,000+ 0.12
0.15 0.15
£500,000+ 0.15
0.18
0.18
£1,000,000+ 0.25
0.31 0.31

Fixed Rate Deposit

 Net %Gross %AER %

1 month

£10,000+ 0.30 0.37 0.37
£100,000+ 0.30
0.37 0.37
£500,000 - £1,000,000
0.30
0.37
0.37

3 months

£10,000+ 0.57
0.71 0.72
£100,000+ 0.57
0.71
0.72
£500,000 - £1,000,000
0.57
0.71 0.72

6 months

£10,000+ 0.70
0.87 0.87
£100,000+ 0.70
0.87 0.87
£500,000 - £1,000,000
0.70 0.87 0.87

12 months

£10,000+ 1.20
1.50
1.50
£100,000+ 1.20 1.50 1.50
£500,000 - £1,000,000
1.20
1.50
1.50

In the absence of a renewal instruction upon maturity, Fixed Rate Deposits will be reinvested for the same period at the prevailing interest rate.

Rates correct as at 1st January 2015 - but are subject to variation unless otherwise stated.

Interest on all our current and deposit accounts is calculated daily on the full cleared balance.

Arrangement fees for loans are 1% of the loan amount or a minimum of £100, whichever is greatest.

1-2 years

 Fixed Rate %
£2,500 - £10,000
7.29%
£10,001 - £25,000
6.29%
£25,001 - £100,000
Call 08448 448 446^ for a quote

3-5 Years

 Fixed Rate %
£2,500 - £10,000
7.75%
£10,001 - £25,000
6.75%
£25,001 - £100,000
Call 08448 448 446^ for a quote

6-7 Years

 Fixed Rate %
£25,001 - £100,000
Call 08448 448 446^ for a quote

Representative example:: To borrow £15,000 over 4 years would be a monthly payment of £357.49 at a fixed interest rate of 6.75% (7.51% APR). Total repayment over the term of the loan: £17,309.42. This includes a £150 upfront arrangement fee.

*For an explanation of terms used, please see our glossary.

The Bank reserves the right to decline any application and/or deposit