Hampshire Trust Bank (HTB) has announced it is the latest deposit taker to join Flagstone’s platform, the UK's largest cash deposit platform, in a partnership that will open up a number of new savings products to Flagstone clients.
From today Flagstone’s personal and SME customers will have access to the full range of HTB’s savings products, all the way from easy access to 5-year fixed terms. As well as providing access to market-leading and exclusive rates, the platform also enables individuals, SMEs and charities to manage their risk and maximise their FSCS protection through diversification.
Lionel Ross, Head of Corporate Deposit Solutions said: “We are delighted to have partnered with Flagstone and to be offering HTB’s savings solutions on the platform. Flagstone customers will be able to benefit from HTB’s wide range of award-winning and consistently competitive products.”
Andrew Thatcher, Founder and Managing Partner at Flagstone added: “This is such a positive story in so many ways. It shows businesses are able to forge partnerships and grow in challenging times, it adds even more choice for Flagstone’s customers who are currently seeking to diversify their savings for safety and it demonstrates, once again, that deposit marketplaces present a powerful route to market for banks”.