Reliance Bank
in the United Kingdom 🇬🇧
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About Reliance Bank in the United Kingdom
Reliance Bank is a specialist ethical banking institution in the United Kingdom, focused on retail and business banking with a particular emphasis on serving charities, churches, and socially-focused organisations. As of 2024, the bank holds total assets of approximately £276.89 million and employs 63 people. Reliance Bank operates as a private limited company and is wholly owned by The Salvation Army International Trustee Company.
The bank positions itself as the UK's first ethical bank, donating up to 75% of its allowable profits to The Salvation Army International Trust to support evangelical and charitable work globally. Over the past decade, the bank has contributed £12 million to The Salvation Army.