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Charity support savings.

Feel good saving

Earn interest on your savings and support charity at the same time.

There’s more to life than how much you can make. With a charity support account you’ll be able to bask in that feel good glow that only comes when you’re helping others. when you’re helping others.

Saving made simple

Find a charity support account.

Our main charity support account is the Mutual Advantage account, although from time to time we may have other accounts available which have a charitable benefit. Using our handy savings account finder you can look at our range of currently available products, and our easy to use interest calculator will show you how much interest you could earn.

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Learn more

How our Mutual Advantage charity support account works.

We want to support local charities doing vital work in our communities, so each of our branches has their own Mutual Advantage account beneficiary partner.

With a Mutual Advantage account not only do you receive interest on your own savings, we also give the nominated branch charities a 0.30% bonus each year, calculated on the average balance of ‘their’ accounts across the year.

Our branch teams review and select their chosen charity annually, taking effect from 1 July. To suggest a new charity, or give us feedback, please contact your local branch between 1 – 31 May. Each charity is permitted to stand for a maximum three-year period.

Following payment of the annual charity bonus we will confirm how much each outgoing charity has received and name the selected charity for the year ahead in our monthly member email newsletter, Freehold Post. You can also ask your local branch for details.

Who we support

Meet our Mutual Advantage charities.

We’re working with the following charities in our branch communities, with our partnerships in place until 30 June 2022.

Aldeburgh – Aldeburgh Cinema Trust

Aldeburgh Cinema was founded in 1919. Since then their aim has remained the same; to provide a warm welcome, and great quality entertainment for local residents and visitors to the seaside town.

Hadleigh – Bumblebee Children's Charity

The Bumblebee Children’s Charity is a specialist centre, which works with families to support babies and young children with physical difficulties to take part in a fun filled sensory programme.

Halesworth – Halesworth & District Museum

The Halesworth and District Museum is run by volunteers and packed with displays about local history, dating from the earliest settlers in the Blyth Valley to the busy hub of malting, brewing and agriculture which was the town in Victorian times.

Haverhill – SARS

SARS provides specialist clinicians to assist the East of England Ambulance Service at the scenes of incidents where patients require an enhanced level of medical care, before they reach hospital. SARS responders carry items of lifesaving equipment and drugs not normally found on front-line ambulances.

Ipswich Mutual House – Families in Need (FIND) Ipswich

For 30 years, Families in Need (FIND) Ipswich has offered a lifeline to people in Ipswich and the surrounding areas who are experiencing poverty and despair. It provides free food parcels and personal care items to help people get through a crisis, as well as furniture, bedding and other household items where the person or family has none.

Ipswich Ravenswood – Genesis Orwell Mencap

A not-for-profit, user-led organisation, the charity was started by parents of people with disabilities. Services include daytime support services, support in the home and community, domiciliary services, supported living and a social club. Social enterprise projects offer the chance to learn employment and life skills, and experience working as a part of a team.

Saxmundham – Access Community Trust

Access Community Trust promotes social inclusion for community benefit, by preventing people from becoming socially excluded, relieving the needs of those who are socially excluded and assisting them to integrate into society.

Sudbury – The Bridge Project

Established in 1995, The Bridge Project provides a safe, nurturing environment to support those living with dementia, learning disabilities and those experiencing mental health issues – creating opportunities for personal development and building friendships.

Woodbridge – Art For Cure

Art For Cure raises money for leading breast cancer research and grant funding to breast cancer support services in Suffolk.

Get started

How to open your charity support savings account.

Apply Now

Keen to get started? Our easy access savings accounts are currently available to open in branch or by post. If you’re looking for more information on how to open your account we’ve put together a helpful guide.

How to open an account

If you’re ready to open your savings account by post you’ll need to do the following:

Download, read and accept the terms and conditions
Be an existing member or a new applicant resident in our local postcode areas IP, NR, CO, CM, CB and PE
Read and retain the Financial Services Compensation Scheme (FSCS) information sheet

We will require proof of your identity to open a new account if you are a new customer. For existing members we may request identification, for example if your records with us are incomplete.

Completed application forms should be posted to Suffolk Building Society, Freehold House, 6-8 The Havens, Ransomes Europark, Ipswich, Suffolk IP3 9SJ.

Verifying your identity

Building relationships

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Excellent service always at Woodbridge. Welcoming staff at the branch.

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I always use Nacton Branch for any transactions. They are always most helpful and nothing is too much trouble, even when I need them to explain things they take the time to help me to understand. Lots of different staff but always lovely.

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I contacted my local branch with regards saving, I was dealt with politely and with clear information. My cheque was cleared quickly and the transaction confirmed by telephone

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Our door is open and it’s got real people behind it. If you want to talk to us, we’d love to hear from you, whether you choose to visit your local branch in person, drop us an email or give us a call.

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