National Friendly celebrates 150th anniversary with a multitude of member benefits
There are also discretionary grants that can be given to members from the National Friendly Foundation Fund. National Friendly's aim is to award grants and disbursements that are meaningful and make a significant difference to the recipients.
The types of causes for which the discretionary grants may be awarded include member welfare, medical research, palliative care, investment in youth education and sport, elderly care and donations to charitable organisations working in these fields.
An example of where National Friendly used its Foundation Fund was for Swaledale Scout Group where £1,500 was awarded to enable them to purchase a new premise for their fundraising activities. The maximum grant that National Friendly will award is £10,000 and the minimum is £100.
CEO at National Friendly, Jonathan Long, said, "Being owned by our members means that we can reinvest profits in products, services and benefits for our members instead of paying dividends to shareholders. We're delighted to be able to offer these new benefits to all our members."
For more information please visit www.nationalfriendly.co.uk/
Notes to the editor:
Based in Bristol, National Deposit Friendly Society Limited is a friendly society which is owned by its members.
Established in 1868, it has no shareholders and exists to serve the best interests of its 32,000* members.
National Deposit Friendly Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Its vision is to be a forward-thinking and trusted mutual that meets the health, welfare and protection needs of its customers through a portfolio of innovative insurance and savings products.
*As of December 2017