Show Notes

In the fourth episode of the Savings Guru Podcast, James talks to Colin Field, CEO of Saffron Building Society, about the impacts of Covid-19 on the mutual sector, the importance of children’s savings accounts, and why Saffron are launching an enviro-saver option.

00:30 The history of the Saffron Building Society

01:12 How important is the local relationship right now?

02:10 The increasing need for digitsation during the Covid-19 crisis.

06:10 Why Saffron has a full-time staff member looking after vulnerable customers.

07:40 Why are savers still important to Saffron?

10:55 The importance of children’s savings accounts.

12:30 What prompted Saffron to launch an enviro-saver account?

15:30 What other plans does Saffron have for savings?

17:25 How has Covid-19 affected operations within Saffron branches?

22:45 What would Colin do if he were Chancellor of the Exchequer for a day?

26:20 What changes are likely in the market over the next few years?

To find out more about Saffron Building Society, go to https://www.saffronbs.co.uk/

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