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Ecology Building Society: Savings reviews

4.91
Based on 560 reviews, last reviewed 26th Dec 2024
100% increase in 5 star reviews
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Latest highest rating:

5

Supporting individuals and cooperatives I am very happy to save with ecology. I have both personal savings and the housing cooperatives I am involved with have been understood and supported ... Read more Reviewed on: 26th December 2024
May A's avatar
May A

Latest lowest rating:

1

Disappointment and frustration at every stage. Unfortunately this was the out and out worst experience I have ever had in opening any account of any form. Contradictory emails, links that don't wor... Read more Reviewed on: 6th December 2022
Never's avatar
Never

About this product

Ecology Building Society savings reviews can help you to find out more about life at Ecology Building Society. How easy is it to contact Ecology Building Society? And how friendly are they? Our Ecology Building Society savings reviews can help you to find out information like this. Smart Money People is an independent source of honest reviews.

Ecology Building Society Savings reviews (560)

Review of the Ecology Building Society, Savings:

Savings to support imaginative carbon-saving projects and houses

5
The Ecology stated life in 1981 with a capital of £5000 and an aspiration to become an ethical lender for sustainable housing projects. According to Wikipedia: The purpose of the Society is to achieve the greatest degree of environmental sustainability. It lends money to create and maintain sustainable housing stock, preferably with sustainable communities and green enterprise. Its funding is secured with the least degree of environmental degradation possible, and with the greatest degree of stakeholder endorsement obtainable. It has filled a niche role all its life and now has assets approaching £200 million. Its AGMs before lockdown attracted hundreds of savers and borrowers and provided a forum for discussions on all the green issues of the day. I am proud to be a saver with the Ecology. Reviewed on: 11th March 2021

A genuinely ethical building society

5
A genuinely ethical building society, with a clear focus on customers, the environment and communities. Good to know that my savings are making a difference for good, without compromising on the interest rate. Reviewed on: 31st October 2024

Everything to like about Ecology Savings

5
Everything is to like about Ecology, a good ISA with great interest rate. The online services are fine but limited. However they are upgrading the website shortly. It takes a while for credits to show and messages to be received it seems but they are human and not robots. And good humans at that... Reviewed on: 31st October 2024

Human, friendly and super efficient

5
Human, friendly and super efficient AND they are as ethical as they come, what is not to like. I can't think of a better home for our reserves. Reviewed on: 31st October 2024

The place does not appear to be run by robots!

5
The place does not appear to be run by robots! I like to deal with real people who have commonsense and can answer my questions....my questions dont usually fit into a "box" so a ChatBot cant answer them satisfactorily. i wish to support and encourage this building society in their admirable endeavours. Reviewed on: 2nd October 2024

Caring about how m money is used.

5
I had some money that I was looking to invest long term but I believe environmental degradation, loss of habitat and species diversity and the poor health of our oceans due to human activity are at such a critical point that I did not want my money going into any industry or organisation that contributed to this. I was delighted to find Ecology Bank and to see that they share my values and are open and transparent without “ greenwashing”. While my money is tied up for 180 days the 5% interest rate is extremely competitive. I am aware that this rate may go down following the BoE reduction but I will happily stay invested with this bank in the knowledge that not only am I getting a good rate but, more importantly, my money is being used to support businesses which reflect my values. Reviewed on: 2nd October 2024

I've invested with EBS for decades, completely happy

5
I have invested with EBS for decades, completely happy and relaxed that my savings are helping with ecological renovations and eco-conscious homes. Great staff, Reviewed on: 1st October 2024

Proud to have been one of the first investors in 1981

5
I was one of the first investors in the Ecology Building Society in 1981, and have been a saver ever since. The Society has grown, but the staff are as ready to engage as they were when I was a Foundation Share Holder. The AGMs are always a highlight with guest speakers and reinforce how much good the Ecology does to improve and finance interesting community and private developments. Reviewed on: 1st October 2024

Why would you *not* save with EBS?

5
Why would you not save with EBS? Good rates, savings in positive projects, friendly responsive costumer service. Reviewed on: 1st October 2024

Sound values put into practice

4
I've been a member for 20+ years because the Ecology believes in the things I do, and they walk the walk. Everything works as it should. The interest rate I get isn't the highest, I don't suppose, but it's perfectly acceptable. They work hard to communicate and involve members about how they use their savings. The management evidently believe in the society's values, reporting the decent ratio in pay between the highest and lowest paid members of staff, and working to make teh Society's own operations sustainable. Reviewed on: 1st October 2024

Good products, helpful staff

5
I have been very happy with the Ecology savings products I have had and in particular have found the staff incredibly helpful, responsive and efficient when I have needed to contact them. Reviewed on: 1st October 2024

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