Coventry puts members first with fixed rate loyalty bond

Coventry Building Society is launching a new Members Bond on Friday 8 December.

The new bond is market leading and offers long standing customers, of five years or more, the opportunity to earn 5.90% AER/gross pa until 31 January 2009.

Customers can invest from £250 to £5,000 (£10,000 for joint accounts) in the new Members Bond and also have the option to receive monthly income.

David Stewart, Chief Executive said: “We are always looking for ways to put our members first and this fixed rate savings bond is another way to ensure established customers continue to be rewarded for their commitment to the Society. We are constantly striving to deliver tangible benefits and I hope that our long standing members will take full advantage of this market leading investment opportunity.”

The Members Bond is available for a limited period only and customers can apply by visiting coventrybuildingsociety.co.uk.