30 Day Community Notice Saver

This product may be withdrawn at any time.

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AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
notice for withdrawals
Some of our accounts require you to give notice before you can withdraw money from your account. Further details on the withdrawal restrictions that apply to the account can be found in the section titled - 'Can I withdraw money?' - in the Summary box.
30 days
age restriction
Minimum or maximum age you must be to open this account.
16 years and over

Your savings account

Your savings, sorted. With the 30 Day Notice Community Saver you will benefit from giving back to your community as well as creating your own nest egg. We’re proud of our roots and now is the time for us to give back to our community. The community saver means that the more you save, the more we can all give back to worthwhile charities in the local area.

Key features

  • Minimum £1,000 opening balance
  • Cheque withdrawals only
  • Minimum £500 withdrawal
  • A maximum of three withdrawals may be made each calendar year
  • We will pay the equivalent of 0.10% of the average 30 Day Community Notice and Community Regular Saver account balances on 31st December each year to the Tipton and Coseley Charitable Foundation.

Summary box

Account name

30 Day Community Notice Saver

What is the interest rate?

The variable rate below applies from 7 January 2019. Interest is calculated daily and paid annually on 31 December.

£1,000 plus – 1.1% gross / AER

Can Tipton & Coseley Building Society change the interest rate?

We may change the interest rate at any time. Further details can be found in section 7 of our Savings Terms and Conditions.

What would the estimated balance be at the end of the term?

The balance after 12 months on an initital deposit of £1,000.00 with an interest rate of 1.1% gross/AER (variable) would be £1,011.00.

This projection is for illustrative purposes only:

  • The account is opened on 7 January;
  • There are no additional deposits or withdrawals made;
  • Interest is paid back into the account
  • There is no change to the interest rate; and
  • Interest is paid gross on 31 December.


How do I open and manage my account?

Only one account can be opened per customer.

Accounts can be opened at any of our branch offices without the need to make an appointment beforehand. If you are unable to make it to an office then applications by post are also allowed, simply send a cheque for your opening deposit along with your application.

We are able to access credit reference agency databases which, in most cases will allow us to prove your identity and address without the need for paper-based identification. If we do require further proof of identification we will let you know. Please click here to see our list of acceptable identification.

The minimum opening deposit is £1,000. You must have at least £1,000 in the account to keep it open. Withdrawals taking the balance below £1,000 are only allowed on closure of your account.

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 holding per account is £100,000.

Joint accounts may be opened.

Can I withdraw money?

Withdrawals require 30 days’ notice and are limited to three in any calendar year. No early access is available.

Upon making your third withdrawal, no further withdrawals, including account closure, are allowed until the following calendar year.

Withdrawals must be a minimum of £500 and can only be made by cheque. No cash or internal transfer withdrawals are allowed.

Our daily withdrawal limits are £20,000 by cheque. Withdrawal of an amount greater than £20,000 will require two days’ notice.

Additional information

Interest is paid gross (without tax deducted).

Interest rates explained:

  • Gross means the contractual rate of interest payable.
  • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

If you decide within 14 days of opening your account that it 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 transfer it to another one of our savings accounts.

Speak to Caryl from our savings team today 0121 557 2551* Contact Us
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

Here to help you...

  • Open a new account
  • Discuss the best account for you
  • Help with your existing accounts
  • Answer any of your queries

Lets get started

If you're ready to open an account you'll need to download and complete an application form.

Please post your completed form to The Tipton & Coseley Building Society, 70 Owen Street, Tipton, West Midlands, DY4 8HG, and remember to include a cheque payable to yourself.

Alternatively, you can open an account at any of our branches.

Make sure you also read our Terms and Conditions for Savings Accounts leaflet and the Deposit Guarantee Scheme Information Sheet.

All new savings customers must sign any future windfall rights to our Charitable Foundation.

Our savings customer say...

"Whenever I visit Tipton & Coseley I'm dealt with quickly, on a one to one basis making each visit convenient and ideal." Mrs Cooke
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Our savings customer say...

"The staff are really friendly and welcoming and always ask how I am, I feel like I can have a chat with them." Mrs Thomson
Savings customer read more