THE ethical achievements of Tonbridge-based Charity Bank are being celebrated on the organisation’s 15th birthday.

The bank, located on the High Street, lends solely to charities and organisations for a social purpose, having provided £195million for good causes since being founded in October 2002.

Charity Bank has recently launched a savings account to be used by charities and business savers. It also offers the Ethical East Access Account with an interest rate of 0.5 per cent.

Chief Executive Patrick Crawford said: “Our goal is to provide more loans to more organisations working to enrich and improve society.

“To achieve this, we also need to attract more savers. This is why we are expanding our deposits range and inviting more individuals and organisations to open a Charity Bank savings account and use their money as a force for good.”

Loans provided support a wide range of organisations across the arts, community, education, environment, faith, health, housing, regeneration, social care and sports.

Charity Bank employs 65 staff, many of whom spend contracted hours volunteering for charities.