The CBF Church of England Deposit Fund

Deposit rate tracker

Latest rate

As at 29 May 2024 5.1500% (5.2503% AER)
For balances over £15m 5.25% (5.3543% AER)

Historical rates

Key facts

Launch date
May 1958
Minimum initial investment
Nil
Minimum subsequent investment
Nil
Dealing day
Daily (instructions must be received by 9.30am)
Withdrawals over £5 million
We reserve the right to be given seven days’ notice

Fund overview

Fund objective

Aims to provide a high level of capital security and competitive rates of interest.

Fund policy

We monitor our counterparties' environmental, social and governance risk management on a regular basis; and take further action if necessary. Our research is based on three external data sources and the work of our Sustainability team.

Fund suitability

Suitable for all of a Church of England charity’s short-term investments where they are seeking a high level of capital security and a competitive rate of interest.

Who can invest?

Any charitable organisation with objects closely connected to the work of the Church of England.

Fund documents

For Diocese use only

Ready to invest?

We're delighted you've chosen to invest with CCLA. Get the process underway by downloading our application form.

Whether you are a new investor to CCLA or topping up an existing account, please ensure that you read the fund’s scheme information and key information document (KID). The KID can help investors understand the nature, risks, costs, potential gains and losses of the fund, and compare the fund with other products.

Looking for other documents? Click here to visit our client documentation page.