Helping Local Businesses Grow

Corporate Deposit Account

Market Harborough Building Society is delighted to announce the launch of an important new savings account designed especially to help local businesses.

In the current environment, rates paid on business savings accounts can be very low with many high street banks offering less than half of one percent on business deposits. With this in mind, Market Harborough Building Society has developed a savings product exclusively for businesses in the Leicestershire and Northamptonshire area.

Three key features of the product are:

1. Market leading rate (currently 2.00% gross*/AER** per annum, variable)
2. Easy access (only 7 days notice)
3. Business savings between £25,000 - £500,000

With over £1.5m of deposits already received from local companies, we are proud to support our local business community through these difficult times.

*Gross Rate is the contractural rate of interest payable before the deduction of income tax at the rate specified by law.
** AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year.

Market Harborough Building Society was established in the south Leicestershire town of Market Harborough in 1870. With assets at the end of 2009 exceeding £417m, nearly 50,000 savings customers and almost 5,000 mortgage customers, the Society has grown steadily and prudently over the last 140 years.