Wednesday, 23 June 2021

Council in bank move

BENSON Parish Council is to switch banks.

The council has agreed to move its money from the Co-operative to the Unity Trust Bank, which it says will make online banking easier.

Vice-chairman Jon Fowler said the move would reduce paperwork.

Councillor Rob Jordan said the Co-op was a safer bet as it was much bigger than Unity.

But chairwoman Pat Peers said the council was protected by the Financial Services Compensation Scheme, which guarantees deposits of up to £75,000.

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