Skip to content
  • Opening Times

    Opening Times

    Mon:
    9am - 2pm

    Tue:
    9am - 2pm

    Wed:
    9am - 2pm

    Thu:
    9am - 2pm

    Fri:
    9am - 2pm

    Sat:
    CLOSED

    Sun:
    CLOSED

  • Call 01768 863675 or email enquiries@penrithbs.co.uk
  • Call 01768 863675 or email enquiries@penrithbs.co.uk
Penrith Building SocietyPenrith Building Society
  • Member Benefits
    @PBS / SECURE LOGIN
    INTERMEDIARIES
  • COVID-19 Key Information
  • About Us
    • Corporate Governance
    • The Board
    • The PBS Family
    • Finance Reports and Reviews
    • Career Opportunities
  • Our News
  • Downloads
  • Help & Support
    • Jargon Buster
    • How to use @PBS
    • Downloads
    • Tariff of Charges
    • Personal Savings Allowance Question & Answer Sheet
    • Complaints
    • Tips for staying safe online
  • Contact Us
  • Home
  • Mortgages
    • I’m a First Time Buyer
    • I’d like to move home
    • I’d like to build my own home
    • I’d like to know more about Holiday Home mortgages
    • I’d like to know more about remortgaging my home
    • I’d like to finance a Buy to Let Property
    • Mortgages for Individual Circumstances
    • I’m an existing borrower
      • I’d like to borrow more
      • I’d like to move home
      • I’d like to make a change to my mortgage
      • I’d like to switch my mortgage deal
      • I’m in financial difficulty
    • Mortgage Calculator
    • Meet the Team
    • Tariff of Charges
    • Guide to Mortgage Services
  • Savings
    • Instant Access
    • Regular Savings
    • Tax Free Savings
    • Longer Term & Fixed Rate Savings
    • Saving for a Home
    • Junior Savers
    • Club, Charity & Business Accounts
    • Affinity Accounts
    • Closed Accounts
    • Meet the Team
  • Junior Savers
  • Protection
  • Menu

You are here: Home » Jargon Items » Deposit

Deposit

A deposit is an amount that you pay into a savings account.

Capitalised Interest
Depositor
Recent News
  • Mortgage Blood Bank
  • AGM 2021 voting results
  • Focusing on our mental health
  • Celebrating our Silver Better Health at Work Award
  • Latest updates from our branch team
  • IMPORTANT NOTICE – Mandatory face coverings
  • Notification – Upcoming Introduction of Two Factor Authentication (2FA) for @PBS
  • New one way system in use in branch
  • Our latest community news
  • COVID-19 Protect yourself from fraud

Stay in Touch

Be one of the first to hear about new products, competitions, news and events by signing up for our e-newsletter

* indicates required

Please select all the ways you would like to hear from Penrith Building Society:

You can unsubscribe at any time by clicking the link in the footer of our emails. To view our privacy notice, please click here and view our Privacy Notice.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

fscs protected

Financial Services Compensation Scheme

Your eligible deposits held by a UK establishment of Penrith Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.

Further information is available here »»
(PDF Version)

Or visit www.fscs.org.uk.

VISIT US

Penrith Building Society
7 King Street Penrith
Cumbria
CA11 7AR

01768 863675
enquiries@penrithbs.co.uk

SERVICES

Mortgages
Savings
Junior Savings
Protection
Mortgage Calculator

INFORMATION

About Us
News
Jargon Buster
Downloads
Complaints

INFORMATION

Privacy Notice (GDPR)
Accessibility
Site Map

Penrith Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Reg No 164473.

Copyright 2021 © Penrith Building Society
  • Tel: 01768 863675
  • Member Benefits
    @PBS / SECURE LOGIN
    INTERMEDIARIES
  • Home
  • Mortgages
    • I’m a First Time Buyer
    • I’d like to move home
    • I’d like to build my own home
    • I’d like to know more about Holiday Home mortgages
    • I’d like to know more about remortgaging my home
    • I’d like to finance a Buy to Let Property
    • Mortgages for Individual Circumstances
    • I’m an existing borrower
      • I’d like to borrow more
      • I’d like to move home
      • I’d like to make a change to my mortgage
      • I’d like to switch my mortgage deal
      • I’m in financial difficulty
    • Mortgage Calculator
    • Meet the Team
    • Tariff of Charges
    • Guide to Mortgage Services
  • Savings
    • Instant Access
    • Regular Savings
    • Tax Free Savings
    • Longer Term & Fixed Rate Savings
    • Saving for a Home
    • Junior Savers
    • Club, Charity & Business Accounts
    • Affinity Accounts
    • Closed Accounts
    • Meet the Team
  • Junior Savers
  • Protection
  • COVID-19 Key Information
  • About Us
    • Corporate Governance
    • The Board
    • The PBS Family
    • Finance Reports and Reviews
    • Career Opportunities
  • Our News
  • Downloads
  • Help & Support
    • Jargon Buster
    • How to use @PBS
    • Downloads
    • Tariff of Charges
    • Personal Savings Allowance Question & Answer Sheet
    • Complaints
    • Tips for staying safe online
  • Contact Us