Ecology BS is celebrating the opening of its 10,000th savings account.
The Ecology Building Society, which specialises in providing mortgages for properties which provide an ecological payback and only operates ethical savings accounts, now has over 10,000 active savings accounts.
Green Mortgages
Ecology Building Society is a mutual building society providing a range of straightforward green mortgages and ethical savings accounts. Ecology savers’ investments are used to fund specialist mortgages for environmentally-friendly properties, so not only do they receive a good return on their savings but they are also helping to build a more sustainable future. In fact, the Society’s exclusive promotion of Green mortgage products such as the C-Change energy efficiency discount is what attracts savers to the Ecology in the first place.
Pam Waring, the Ecology’s Secretary comments
"Year on year we attract more and more savings business – a sign of increasing green consumerism. Savers are now more conscious about who they lend their money to and how it is used. Our members know that their savings are being used positively and that they are supporting projects that benefit the environment. We are delighted to have achieved this milestone and quicker than anticipated!"
C-Change
The C-Change mortgage discount is a 1% discount
on all mortgage funds used to install energy saving measures such as insulation or a condensing boiler or renewable energy technologies such as solar panels or a wind turbine. The product was launched in October 2006, and is available to existing borrowers borrowing additional funds for qualifying energy efficiency improvements and new borrowers who are purchasing a property or remortgaging their existing home and are installing energy saving measures and/or renewable energy systems.
The Ecology’s range of green savings accounts includes the Earthwise tax-free Mini Cash ISA, the Eco-60 Share account – a 60 day notice account and the Eco-Instant Share account – an instant access savings account. The full range of Ecology’s green savings, investments and rates can be found at www.ecology.co.uk/html/savings/range.htm
