Tipton & Coseley Building Society Customers Generate £14,000 for Charity from Community Savings Accounts

Adam Evetts
Posted on by Adam Evetts

Savings accounts from the Society have helped to generate £14,000 for charity.

Our Society has donated £9,000 to Midlands Air Ambulance Charity and £5,000 to our Charitable Foundation based on the balances saved in our ‘Midlands Air Ambulance’ savings accounts and ‘Community Saver’ accounts during 2023. The accounts are designed to help people save, while supporting the community at the same time. The donations come at no cost to savers.

Our Society and colleagues have supported Midlands Air Ambulance Charity since 2018, with combined donations totalling over £40,000 to date. The Charity doesn’t receive any government support, relying solely on donations from businesses and members of the public for its life saving activities.

Our Society’s Charitable Foundation aims to donate £10,000 each year to health and educational charities based around the West Midlands. Twice a year, a panel made up of members of the community and Society employees come together to allocate funds. Since its launch in 1999, the Foundation has made donations totalling over £258,000.

Adam Evetts, our Chief Executive at the Tipton said: "Supporting and making a positive social contribution to our local community has always been important to the Society and our Midlands Air Ambulance and Community Saver accounts are great ways for our customers to support local charities. The money raised in 2023 is testament to how popular these accounts are, and we’ll continue to look at ways in which we can support our local communities further in 2024.”