News : Branchless Bank Launches in Wolverhampton
Wolverhampton, West Midlands, Jan 16, 2015 -- Charter Savings Bank is being launched at Wolverhampton Business Park, near junction 2 of the M54. It is part of Charter Court Financial Services which employs 250 people.
The bank, which is set to be running by the end of March, will offer instant access and longer term savings accounts as well as savings bonds.
But it will be online and call centre only, open seven days a week.
It will mean a bank based in Wolverhampton, rather than the City of London.
Ian Lonergan, chief executive of CCFS, will take overall control of running the new bank.
He said: "We see the development of a retail banking proposition as a logical extension for our business, enabling it to diversify into new markets and build a sustainable and competitive business model for the future.
Paul Whitlock, formerly director of savings at Shawbrook Bank, has been appointed director of savings. He said: "We will bring competitive rates and excellent, reliable service to a customer base which has too often been taken for granted by high street banks. A significant number of savers are dissatisfied and feel unrewarded in today’s economic climate and we intend to provide new options that meet their needs.
Posted by Veronica Silva Cusi, news correspondent
Today's Tip of the Day - Keep Cost In Perspective
Published: Monday, January 19, 2015
Genesys® powers 25 billion of the world’s best customer experiences each year. Our success comes from connecting employee and customer conversations on any channel, every day. Over 10,000 companies in...
DialogTech, the combination of Ifbyphone and Mongoose Metrics, provides the only platform for end-to-end call attribution and conversion essential for data-driven marketers. DialogTech''s platform sol...
Zendesk is inspiring the help desk 2.0 movement through a focus on enlightened customer support. As the first organization in the industry to leverage SaaS and the benefits of web-based communication ...
Verint Systems is a provider of analytic software-based solutions for the security and business intelligence markets. Verint solutions transform voice, video, and text into actionable intelligence - m...