Bank of Dave honours charity pledge with £25,000 donation

Bank of Dave, which was formed whilst TV cameras from Channel 4 followed Burnley entrepreneur David Fishwick's attempts to tackle unfair city banking, is to distribute more than £25,000 to charities.

On the two-part documentary, Bank of Dave, which won a Royal Society Television Award, Fishwick established Burnley Savings and Loans Ltd and pledged to pay savers 5 per cent interest, to lend to small local businesses, and to donate its profits to charity.

"In 2014, we are delighted to announce that we have beaten last year’s donation total, and will have donated well over £25,000 to charities, and have helped raise awareness for countless organisations and good causes, such as the Guide Dogs for the Blind, Blessing in Disguise, the Canalside Community Association, Team RISE project, Petal Cancer Research, Holidays with Help, and Derian House Children’s Hospice.

Donations are taking place this week and Dave Fishwick could not be happier with the efforts. “We set up the Bank of Dave to make a difference to as many people’s lives as possible,” he says. “We receive hundreds of applications and requests from charities, organisations that help thousands of people on a daily basis, and being able to help so many of these worthwhile causes is an amazing feeling and one that we are all very proud of.”