Paragon Bank has strengthened its access savings account range by launching a “double access” savings account, paying a market-leading rate of 4.60% AER. The account is available in both an ISA and non-ISA variant, with he ISA account paying 4.25% AER and the non-ISA account offering a rate of 4.60% AER. The double access account enables savers to make two withdrawals per year, after which on the third withdrawal, the rate drops to 1.50% AER. The account has a minimum balance of £1,000. Over 2,000 new and existing customers have taken the opportunity to apply for Paragon’s new double access savings accounts since the launch on Friday last week.

The Open Property Data Association (OPDA) has appointed CEO at One Mortgage System (OMS), Dale Jannels, as its first intermediary executive member. Jannels is one of the most well-known and experienced leaders in the intermediary and specialist lending sector and will join the executive committee to put intermediaries at the forefront of data-driven transformation in the property industry. The OPDA has stated its mission is to “foster innovation, build trust, and drive industry-wide collaboration” to digitise and streamline the home moving and mortgage process.

Cirencester Friendly has announced that Vicky Churcher has been appointed as a new non-executive director. The firm has also confirmed that Janice Banks, previously senior independent director, has become its new chair. Churcher brings to Cirencester Friendly more than 35 years of experience in financial services and insurance, having held leading roles in organisations such as Bupa, Ageas and AIG Life. Banks has been a non-executive director with Cirencester since 2016 and has become just the second female chair in the society’s 133-year history.

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