Nº 0968

Vernon Building Society launches fixed-rate bonds for GM charities and businesses

Business Manchester

Image accompanying: Vernon Building Society launches fixed-rate bonds for GM charities and businesses

Summary

Vernon Building Society has launched Business Fixed-Rate Bonds and Charity Fixed-Rate Bonds offering 3.60% gross/AER returns until September 30, 2027. Organisations can deposit between £5,000 and £250,000, with each account including access to a dedicated relationship manager for personal guidance.

As a mutual building society, Vernon reinvests profits into its members and local communities. In 2025, the Society distributed over £37,500 to local charities and not-for-profit organisations through its Charitable Foundation and Community Stars programme, while supporting financial education and volunteering initiatives across Greater Manchester and Cheshire.

Read the full story at Business Manchester

This is a summary written for the Manchester Business Services register. The full article belongs to Business Manchester — read it at source.

Common questions

What is this article about?
Vernon Building Society has introduced two new fixed-rate bonds paying 3.60% gross/AER for eligible charities and businesses in Greater Manchester and Cheshire, with deposits between £5,000 and £250,000 maturing in September 2027. The products come with dedicated relationship manager support and align with the mutual's commitment to local communities.
When was this published?
This article was published on 18 September 2026.
Who published this article?
This article was published by Business Manchester.