CITR Accounts - Any still available ?? (Triodos/CharityBank)

darren72

A year or so ago I heard about the Community Investment Tax Relief accounts being offered by banks such as Triodos Bank, and Charity Bank.

Does anyone know if any of these are still available through other companies/banks ??

I have checked with Triodos and Charity Bank, and neither are offering them anymore ?

Thanks in advance.

Mikeyorks

There's a full list of accredited CDFIs here :-

http://www.berr.gov.uk/bbf/small-business/info-business-owners/access-to-finance/CITR/page39026.html

.......but, be cautious. Other than the two you have quoted, I haven't checked whether any of the rest are FSA regulated (and therefore afford protection of any investment you may make)




http://www.charitybank.org/2006/savings-and-deposits/new-way.html


The Charity Bank situation is described at the link near the bottom of this page ('CITRA - Important Notice'). It calls into question (different from the last update I had from them - with my CITR statement) whether they will be offering the CITR account again - citing necessary changes they require .. mainly as to the profile of how they are allowed to lend the funds.