From 14th Jan we are going to be charged £4.25/mth by Lloyds Bank to use our community Bank Account!
We only do a handful of transactions in a year and our account does not have much in it so an annual cost of £51 will soon eat into our funds.
I have had a quick look around and there are not many free alternatives for non-registered community groups. Nat West seem to offer one but only for people with an existing Nat West account (I don’t have one). Metro appears to be an option but it looks like you have to go into a Branch and the nearest is Brieley Hill.
Please contact me if you have any thoughts?
Chris (Treasurer)