Leeds Building Society

Looking for a straightforward investment with the security of a guaranteed return? A Fixed Rate Bond (Issue 8) from Leeds Building Society could be just what you need!

You’ll earn a competitive rate of interest, fixed until maturity. You can invest any amount you like between £1,000 and £1,000,000 (£2,000,000 for joint accounts).

Also, the account couldn’t be easier to run – you can simply operate it through your local Branch or by post.

Summary Box Key Product Information for our Savings Account(s)
Account Name	Fixed Rate Bond (Issue 8)
Interest Rates (AERs)	See the "How much interest will I earn?" table below.
Tax Status	The gross rate(s) of interest shown will be payable net of the appropriate rate of income tax (which may be reclaimed by non-taxpayers) or, subject to the required certification, gross.
Conditions for bonus payment	There is no bonus available on this account.
Withdrawal arrangements	Access is limited to one withdrawal of up to 25% of your initial capital investment without notice or loss of interest prior to maturity (2 January 2010). Closure of the account or further withdrawals are not permitted until the day after maturity (3 January 2010).
Access	Account can be opened through any of our branches, via our website or by post, and can be operated through any of our branches or by post.

How much interest will I earn?

Other Product Features:

Minimum and maximum investment and operating balance
The minimum investment is £1,000 and the maximum investment is £1,000,000 (£2,000,000 for joint accounts).

When is interest paid?
Annual interest is paid on maturity (2 January 2010). Monthly interest is paid on the last working day of the month.

How is interest paid?
Annual interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society. Monthly interest must be transferred either to another building society/bank account or to another account held with the Society.

What happens to my investment at maturity?
The Fixed Rate Bond (Issue 8) will mature at close of business on 2 January 2010. On the day after maturity (3 January 2010), the Society will transfer your investment (including interest) to a maturity account. Full details including terms and conditions will be provided before maturity.

Important notes

§ Gross means the rate payable before the deduction of income tax.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Leeds Building Society is a member of the Building Societies’ Association. The Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the Scheme are limited to a maximum payment of £50,000 of an investor's total shares and/or deposits in a society. Most investors are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered, for example deferred shares – permanent interest bearing shares. Although most shares and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society.

The Society is covered by the Financial Ombudsman Service. The Society subscribes to and undertakes to comply with the Banking Code, which establishes minimum standards of good banking practice. A copy of the Code and further details of our investment products are available on request from your local branch or our Customer Helpline on 0113 225 7777. We may monitor and/or record your telephone conversation with the Society to ensure consistent service levels (including staff training).

The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992.

Other taxes or costs may exist that are not paid by Leeds Building Society.