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Giving families a helping hand

30 January, 2008

On Friday 1 February, Norwich & Peterborough Building Society (N&P) is launching a new range of savings accounts for families with dependent children.

N&P believes that families with dependent children are poorly served by the savings industry as there are very few accounts designed to meet their specific needs. N&P’s Family Savings Accounts are designed to help families make their money work as hard as possible (at a time in life when it is probably the most difficult financially) and encourage them to put money aside to meet the rising costs of raising a family.

Find a best-buy bank account

The range comprises the Family Easy Access Account for day-to-day savings; the Family Regular Saver Account for parents who want to save a small amount each month to build up a savings pot; the Family Young Saver Account for young people up to the age of 18 who want to open and operate an account in their own name; and a Family Five Year Bond for anyone with one or more of the other family savings accounts who wants to invest their money for a longer period of time.

Find a best-buy savings account

All accounts can be opened in any N&P branch or by post and, once open, can be operated online.