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John Davy

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Review of the Ecology Building Society, Savings:
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Sound service, great goals

5
During 20-21 tax year, my wife and I (both retired) wanted to put our savings into an institution that would clearly use them for a positive purpose. Ecology Building society stood out in terms of its clearly defined goals and positive promotional materials. We initially started Regular Savings accounts and found the process to be simple and efficient. One or two phone calls clarifying details were answered clearly and politely without a long call queue. With the start of the new tax year we are moving our ISAs across, which so far has also been straightforward. In view of the urgency of our climate and ecological crisis, the need for financial institutions that focus on human and environmental goals is pressing. The Ecology Building Society is showing that this is possible and that care for the environment does not have to be at the cost if economic success. We have been impressed by the Society's reported steady growth. At a personal level, though we could no doubt have gained marginally greater returns if we did not care how our money was being (ab)used, Ecology's interest rates still seem competitive. Reviewed on: 7th April 2021

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