Ostley House was established as our Residential Home in 1964, since then over two million pounds has been spent in improving and extending our services. To further develop the home it has become apparent that to enable residents to remain in Ostley House until end-of-life, it would benefit from a dedicated Dementia Unit otherwise known as an EMI (Elderly Mentally Infirm) unit.
The word dementia describes a group of symptoms caused by the gradual death of brain cells, leading to the progressive decline of functions such as memory, orientation, understanding, judgement, calculation, learning, language and thinking. Dementia is a terminal disease where patients are expected to live three to nine years after diagnosis. Dementia directly afflicts 820,000 people in the UK, yet it touches the lives of so many more. To be able to build a Dementia Unit, which will provide first class care facilities for dementia sufferers, the Blind Society needs to raise funds of approximately £500,000.
By opening an Ostley House ‘Building for the Future’ Affinity account you’ll be supporting us in our endeavour because Furness Building Society will make a cash payment each year equal to 1.00% of the average total balance held in all the Building for the Future Affintiy Accounts. So the more you save the more you will help us in Building for the Future.
Please confirm you have read the important information below. Only when you have read the information and fully understand how the account works should you click to download the application form. We recommend that you print a copy of the documents for your records and keep them in a safe place.
When you apply online you will be redirected to a login on our eSavings platform.
New to E-Savings Register here
Existing customer Login
Customers must be aged 16 or over to open an eSavings account
Accounts must be opened in the sole name
eSavings accounts must be operated online and will not receive a passbook
You can pay money into your eSavings account by electronic transfer, send us a cheque or pay in cash or a cheque at your local Branch. Payments cannot be accepted at our Agency offices.
No withdrawal can be made from your eSavings account for 14 days after we receive your initial opening payment.
There is a daily online withdrawal limit of £5,000 per customer
Withdrawals and closures must be made online and cannot be made at a Branch or Agency office.
If you decide to open an eSavings account, you must refer to the eSavings online General Terms and Conditions to ensure you fully understand how your account works and your responsibilities as an account holder. All of the key features mentioned above are fully explained in this document and available to print for your information at the time of account opening.
You will need to provide some identification when you open your account. Details of our identification requirements can be found on this website, by asking at your local branch or agency or by contacting Furness Direct on 0800 834312. If you are already a Furness customer, in most cases this will not be necessary.
Accounts opened in branch or through the post will receive a passbook. Accounts opened online will not receive a passbook.
Interest earned is guaranteed to be the highest rate of the Society’s Furness Access Saver/Affinity and Charity Accounts rate. Interest is calculated daily and the interest rate is variable and paid or added to your account annually on 31 December. You can find out about our interest rates by asking at your local branch or agency for a Current Interest Rate leaflet, on this website or by calling Furness Direct on 0800 834 312.
Saving in the Ostley House Dementia Unit Charity Account is simple. You can open an account from as little as £1 and pay in as little or as much as you like up to a maximum of £250,000.
You can withdraw from your account at any time without notice or penalty.
Please note that branch and agency limits apply to cash withdrawals. If you open this account online you will not be able to withdraw from your savings for 14 days after we receive your initial opening payment.
From 6 April 2016, if you’re a basic rate tax payer you’ll be able to earn up to £1,000 in savings income tax free. Higher rate tax payers will be able to earn up to £500. Additional rate tax payers will not receive any allowance. This is called the Personal Savings Allowance. This means that most people will no longer pay tax on savings interest. Banks and building societies will top deducting tax from your account interest.
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