Raisin.co.uk, the UK’s leading cash savings service, has announced the launch of the first building society to its marketplace; Teachers Building Society.
The building society, which is the 16th savings-partner to feature on the online marketplace, is UK based with all accounts fully FSCS protected up to £85,000. Teachers Building Society will launch to UK customers with a 35-day and 90-day Notice Accounts, with more accounts due to follow.
Discussing the launch Kevin Mountford, Raisin UK co-founder, said: “Welcoming the first building society to raisin.co.uk; Teachers Building Society, demonstrates our commitment to offering UK consumers more choice when it comes to their savings. Whether looking for a higher-rate on their savings return or a safe place to invest, that also helps give back to people that need it, Teachers Building Society is an exciting addition and we look forward to a long and successful partnership.”
Teachers Building Society, demonstrates our commitment to offering UK consumers more choice when it comes to their savings
Teachers Building Society’s core purpose is to help teachers get onto the property ladder, which is achieved mainly using the savings of those customers who come to them for a safe place to save.
Simon Beresford, Chief Executive for Teachers Building Society, added: “We are very proud to be the first building society to join Raisin’s marketplace and look forward to an exciting new partnership.”