RETIRED charity chief executive Nigel Morris admits he’s the sort of person who likes to save for a rainy day.

That explains why he’s opened not one ‘Special Occasion Saver’ (SOS) account with Darlington Building Society but two.

And the good news is that Nigel, who lives in Middlesbrough, is being given the opportunity to do more with his savings thanks to a new initiative by the award-winning Society.

The SOS account normally allows monthly deposits of up to £250, but existing and new members are being given the opportunity, over a limited period, to increase that to a maximum of £750 during a one-off ‘bumper deposit month’.

Once a member has taken advantage of the £750 allowance, they revert to the usual £250 monthly limit.

Nigel, former CEO of The Albert Centre – a charity for drug and alcohol addiction in Middlesbrough – was familiar with Darlington Building Society after having a mortgage with his local branch for 15 years.

He took out his first SOS account 18 months ago and was so impressed he decided to open a second one six months later.

“I’ve always had a fear of the worst happening, so I like the security those two accounts give me,” says Nigel. “They’re not for anything special but it’s nice to have them there for rainy days.”

Nigel chose Darlington Building Society for his savings not just because it offered a more attractive rate than competitors, but because he enjoys the personal service he gets from being a member of a smaller, more local institution.

“I didn’t want to go to one of the big national banks, and I just feel that Darlington Building Society cares more about the people from the local area.

“The service at the Middlesbrough branch is brilliant, always so friendly and down to earth. I love the fact that they remember your name – that kind of thing makes a big difference to me.”

Nigel was also influenced by the fact that Darlington Building Society invests five per cent of its profits back into good causes in the local community. “That was a really important factor for me – it’s such a great thing to do,” he says.

And Nigel’s loyalty to Darlington Building Society is clearly a family affair because his 22-year-old daughter, Chloe, had previously taken out a Help To Buy ISA at the Middlesbrough branch too.

Middlesbrough branch manager Nicola Donaghue: “We pride ourselves on our personal service and giving our customers a warm welcome, so we are thrilled to receive this positive feedback from Nigel. It’s lovely to know he feels valued and secure as he saves for a rainy day.”

  • A Special Occasion Saver Account can be opened with just £1, there is no penalty for missing a monthly payment, and members can make up to four withdrawals a year.
  • The account is only available to savers in our local area.Terms and conditions apply.
  • To find out more call (01325) 366366 or go to

*Gross rate is the rate of interest payable before the deduction of income tax.  All interest is paid gross. This is based on the current law and HM Revenue & Customs practice, both of which may change.

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