SOCIETY SAVERS BOOST HOSPICE COFFERS BY £7,500

Hospices in Leicestershire and Warwickshire have received a £7,500 cash bonus payout from a dedicated savings account which aims to support their valuable work towards patient care.

Hinckley and Rugby Building Society launched its Hospice Affinity Savings Account early in 2008 and has just presented cash donations made following its first full year of operation between 1 December 2008 and 30 November 2009.

The £7,500 donation represents 1% of the total £750,000 balances held in the account and has been divided equally between the three hospices that cover the Society’s main areas of operation in Leicestershire and Warwickshire.

LOROS, Leicestershire and Rutland’s Hospice, Myton Hospice, which cares for patients at two centres in Coventry and Rugby, and Mary Ann Evans, in Nuneaton, have each received £2,500 towards their running costs, to add to the £1,000 they received early in 2009.

The 2010 donation brings the total donated to the hospices since the account was launched to more than £10,000.

On behalf of the three hospices, Diane Morris, Fundraising Manager for LOROS, said: “It is fantastic news that the Hospice Affinity Savings Account continues to support the local hospice movement and its valuable care for patients in Leicestershire and Warwickshire.

“The real benefit to us is that as the total balances in the account grow, so does the donation we receive at the end of each financial year and we hope Hinckley and Rugby’s savers will continue to support us in this way.”

Hinckley and Rugby Chief Executive Chris White commented: “Last year was very tough for savers due to the unprecedented low interest rate environment, so it is extremely pleasing to have seen the total balances invested in the Hospice Affinity Savings Account grow.

“We believe this demonstrates the support in the community for local hospices and the fantastic work they do, the vast majority of which is paid for from fundraising and donations.

“We hope that balances continue to grow during the coming year, allowing Hinckley and Rugby to make an even larger donation to these very worthy causes next year.”

Offering easy access to savings, the account can be opened with a minimum investment of £500 and a maximum investment of £300,000. Withdrawals can be made at any time without notice or penalty. The minimum withdrawal is £250 and only cheque withdrawals are allowed.

For further information on the Hospice Affinity Savings Account please click here or telephone the Society’s Investment Department on freephone 0800 434 6343.