Savings

Helping your savings to grow

We have joined forces with Wolverhampton Wanderers Football Club to bring you a savings account that can make a real difference.

Not only will you earn interest on your savings but you will also be supporting your club at the same time. Every three months we will make a payment to Wolves based on the balance held in all Wolves Saver and Junior Wolves Saver accounts, so the more you save the more you and your club will benefit.

Summary Box
Account name Wolves Saver
What is the interest rate? The variable rates below apply from 1 November 2016. Interest is calculated daily and paid annually on 31 December.
Can Tipton & Coseley Building Society change the interest rate? We may change interest rates at any time. Further details can be found in section 7 of our Terms and Conditions for Savings Accounts booklet.
What would the estimated balance be after 12 months based on a £1,000 deposit? The estimated balance after 12 months based on an initial deposit of £1,000 would be £1,007.50. This estimation assumes the account is opened on 1 January with no additional deposits, withdrawal transactions or interest rate changes and interest then paid gross on 31 December.
What would the estimated balance be after 12 months based on a £50,000 deposit? The estimated balance after 12 months based on an initial deposit of £50,000 would be £50,400.00. This estimation assumes the account is opened on 1 January with no additional deposits, withdrawal transactions or interest rate changes and interest then paid gross on 31 December.
How do I open and manage my account? The account is available for anyone aged 16 or older. The minimum opening deposit is £100. You must have at least £100 in the account to keep it open. Withdrawals taking the balance below £100 are only allowed on closure of your account. You can only have one Wolves Saver account open at any time. You can pay money in or draw money out at any of our branch offices or through the post. Additional deposits can be made by cash or cheque. You can also pay money into your account by standing order. The maximum overall deposit per customer is £25,000 subject to a £500,000 maximum overall holding.
Can I withdraw money? Six withdrawals are allowed without notice or charge each calendar year. Having made your sixth withdrawal, no further withdrawals, including account closure are allowed until the following calendar year. The minimum cheque withdrawal amount is £10.
Additional information Interest is paid without tax deducted. If you decide within 14 days of opening, that the account you’ve chosen isn’t right for you, you can have your money back without charge. We’ll arrange to close the account and return your money or to switch your funds to another of our savings accounts.

To download an application form please click here.

Please remember to forward a cheque payable to yourself, along with your completed application form. Please read our Terms and Conditions for Savings Accounts leaflet and the Deposit Guarantee Scheme Information Sheet before sending us your completed application.

Application forms should be sent to:
Tipton & Coseley Building Society
70 Owen Street, Tipton,
West Midlands, DY4 8HG
Telephone: 0121 557 2551

Further information

If you would like further information through the post about our range of savings products, please enter your details here

We do not issue Section 975 tax certificates automatically. If you would like to request a Section 975 tax certificate please enter your details here.

We will require new investors to sign any future windfall rights to our Charitable Foundation.

Page last updated on 2 February 2017.



© The Tipton and Coseley Building Society 2009
The Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 159601.

You can check this on the Financial Services Register, by visiting the FCA's website www.fca.org or by contacting the FCA on 0800 111 6768.

This site is intended for UK residents only.

Registered Office - 70 Owen Street, Tipton, West Midlands, DY4 8HG

We may monitor and record phone calls to ensure we have carried out your instructions correctly, to help us improve our service, to enable us to resolve complaints and to help investigate or prevent fraud or other crimes. Any recordings we make are the property of Tipton & Coseley Building Society.
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