Canada markets closed
  • S&P/TSX

    20,928.10
    +108.16 (+0.52%)
     
  • S&P 500

    4,471.37
    +33.11 (+0.75%)
     
  • DOW

    35,294.76
    +382.20 (+1.09%)
     
  • CAD/USD

    0.8086
    +0.0001 (+0.01%)
     
  • CRUDE OIL

    82.66
    +1.35 (+1.66%)
     
  • BTC-CAD

    76,044.91
    +275.20 (+0.36%)
     
  • CMC Crypto 200

    1,464.06
    +57.32 (+4.07%)
     
  • GOLD FUTURES

    1,768.10
    -29.80 (-1.66%)
     
  • RUSSELL 2000

    2,265.65
    -8.52 (-0.37%)
     
  • 10-Yr Bond

    1.5760
    +0.0570 (+3.75%)
     
  • NASDAQ futures

    15,144.25
    +107.00 (+0.71%)
     
  • VOLATILITY

    16.30
    -0.56 (-3.32%)
     
  • FTSE

    7,234.03
    +26.32 (+0.37%)
     
  • NIKKEI 225

    29,068.63
    +517.70 (+1.81%)
     
  • CAD/EUR

    0.6966
    -0.0001 (-0.01%)
     

New savings bond will help families affected by dementia

·1 min read

A savings bond which will help families affected by dementia has been launched by Leeds Building Society.

The three-year fixed-rate bond pays savers 1.15% interest and the society said it will make a donation to Dementia UK based on total balances saved.

The account can be opened online, in branch or by post and a minimum of £100 must be put away.

Deposits can be made up to and including October 31 2021. No withdrawals within the three-year period are permitted so savers must be sure they can lock their money away for that time.

Leeds’ four-year partnership with Dementia UK was launched last year and has so far raised over £250,000 for the charity.

Dr Hilda Hayo, CEO and chief Admiral Nurse at Dementia UK, said: “The donations received will allow us to provide more life-changing care and support through dementia specialist Admiral Nurses.”

Matt Bartle, director of products at Leeds Building Society, said: “Through products like this we are able to give savers a competitive rate, while also knowing they are helping others and making a difference.”

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting