These terms and conditions below must be read in conjunction with our Statement of Practice Investors leaflet, which details generic terms and conditions relating to all of our savings accounts.
Your initial investment must be at least £1. You can add to this up to a maximum of £250,000.
If your balance is above £5,000 you can have interest paid monthly.
Interest rates can vary.
Interest is calculated on a daily basis and paid on 1 January or monthly on the first of each month.
Interest may be added to the account, transferred to another Leek United Building Society account or paid direct to your bank account.
If there are insufficient funds to pay direct debits a charge will be levied.
Once you have opened your Leek United Easy Access Pyramid Share Account, a letter will be sent to you enclosing your passbook. Two working days after the date of that letter, you will have 14 days to notify us that you wish to change your mind and the account will be closed with no loss of interest to you.
Tax assumptions are those currently applicable and are subject to statutory change.
For details relating to the Financial Services Compensation Scheme please click here.
If you wish to make a regular payment into your Leek United savings account, once it has been opened, why not do this by setting up a standing order - it's quick and easy to do.
To open an Easy Access Pyramid Share Savings Account, please complete and return a savings application form to:
Leek United Building Society
50 St Edward Street
Together with proof of identity – for details of what is required, please see our ‘Proving Your Identity’ web page.Proving your identity