Dudley Building Society exceed £30 million of local business savings balances

Dudley Building Society are building on their commitment to supporting local communities. As bank branches continue to close across the West Midlands region, there are limited face to face savings account options for local businesses, charities and clubs. Higher savings interest rates are also typically targeted at individuals, as opposed to business accounts. Dudley Building Society have continued to provide solutions to local business customers as they pass the 30 million pound milestone.

James Paterson, Chief Executive at the Dudley commented, “We are committed to being there for our local savers, whether that’s personal savers, businesses, clubs or charities. We’re aware that the local bank closures are limiting the availability of branch based savings accounts for the community, so we want to ensure that we’re there to offer face to face services and market leading interest rates.”

James continued, “We don’t take the position of being a community based building society for granted. We want to generate prosperity in the region, so offering local business and community savings accounts is just one of the actions we’re taking to provide support. We look forward to continuing to serve the needs of our local communities, with the goal of helping people to live better lives.”