1 YR FIXED RATE BOND (Issue 25)

Summary Box Key Product Information for our Savings Accounts
Account Name	One year Fixed Rate Bond (Issue 25)
Interest Rates (AERs)	Interest rate fixed for one year from date of inception. Interest is paid at 31st December each year and at maturity.   For current rate, please refer to our interest rate leaflet.
Tax Status	If you are entitled to receive interest without paying income tax, fill in an Inland Revenue Form R85.  You can obtain one from the Society.  If you don’t know whether you can obtain interest without paying tax, ask your nearest Tax Enquiry Centre or Tax Office.  If you are investing on behalf of an organisation which qualifies for gross interest, please ask for a special declaration form.
Conditions for bonus payments	Minimum investment     £500.00 Minimum out of area investment £5000.00 Maximum investment £100000.00
Withdrawal arrangements	No withdrawals are permitted. In exceptional circumstances and subject to executive approval, withdrawals may be permitted subject to 6 months penalty interest.
Access	By branch or post.