By Leicester Mercury | Posted 4 May, 2012
Three hospices in Leicestershire and Warwickshire are sharing a £7,000 windfall generated by the account, which sees one per cent of its average balances donated by the society to the charities each year.
LOROS hospice in Groby is going to receive £2,330. Two other hospices in Coventry and Nuneaton will be given the same sum.
The three hospices have now shared £25,000 from the account since its launch in 2008.
The account also pays interest to the account's savers, giving them a useful return on their money and the knowledge they are helping provide care and support to the terminally ill and their relatives. The minimum investment is £500 and the maximum investment is £300,000.
Denise Bradshaw, Hinckley & Rugby branch manager for Hinckley, said: "Thanks to our customers choosing the Hospice Affinity Savings Account the Society is able to support LOROS and the other hospices which are deeply valued by our customers."
