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.

Dave donationThat will take the total amount donated over the previous 18 months beyond £50,000, honouring Fishwick's promise to create a financial institution that benefited the local community.

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.

Fishwick said: “Since opening in September 2011, Burnley Savings and Loans Ltd has been keen to support charities and a huge variety of different good causes. And they have continued to stand by that pledge. In 2013, we were pleased to donate well over £20,000 to good causes, including the Pendleside Hospice, Parkinsons UK, the Marie Curie Cancer Care and the Histiocytosis Research Trust, to name a few.

"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.

"The team has also assisted Lisa Duckworth in creating more awareness for people suffering from anxiety and depression, and Lianne Taylor in raising funds for the Pendleside Hospice, and hope to continue this into the New Year."

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.”