THE bank in which Warrington Borough Council has a one-third stake has picked up a top award for its performance in the savings market.
Redwood Bank scooped the Best Business Notice Account Provider prize at the Savings Champion Awards.
Now in its eighth year, the Savings Champion Awards recognise a range of savings categories from easy access, fixed-rate bonds and cash ISAs to the best cash savings platforms to choose from.
Gary Wilkinson, chief executive officer and co-founder of Redwood Bank, said: “What an honour it is to be recognised by the only awards that focus solely on savings, giving this key area of the market the focus that it deserves.
“The year 2020 has been tough for everyone and savers have been hit hard, with the base rate hitting a record low of just 0.10 per cent. Despite this, we are committed to those businesses who have continued to put money aside, and it’s nice to have been recognised for supporting savers.”
