Leek United Building Society still going strong after 38 years

'Safe, trusted and local' is a phrase seldom applied to financial institutions – but it's a proud reputation that society has earned on the way to becoming the county's largest independent mutual.

However, it also recognises that in today's harsh economic climate, local companies need similar peace of mind to individual customers when it comes to planning a secure and sustainable financial future.

That's why Leek United made it their business to help commercial savers throughout the county to make the most of their money too.

The Society's Business Deposit Account is designed to help the surplus funds of companies and partnerships go that little bit further.

The Leek United Business Deposit Account is available to businesses throughout Shropshire, via its branches in Oakengates and Market Drayton (see advert below for contact details).

As well as paying a higher variable rate of interest than most standard savings accounts, it also gives commercial customers the assurance and peace of mind that their money is safely invested with one of the Midlands' largest independent mutual building societies.

The account can be operated through either a Leek United branch or by post, and offers the flexibility of deposits and withdrawals made via cheque, BACS or CHAPS transfers.

Paying an attractive 1.25 per cent gross/AER for a minimum investment of £1,000, increasing to 1.5 per cent gross/AER when your balance reaches £50,000 and 1.75 per cent gross/AER if you have £100,000-plus, this account is just right for those surplus funds.

Leek United has featured regularly in national newspapers' 'Best Buy' sections for the quality of its financial products. To find out more about its Business Deposit Account, visit www.leekunited.co.uk or call into your local branch.

Gross percentage rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.