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Chetwood Bank

General Information

Overview

Chetwood Bank are a UK digital bank who offer a range of savings accounts. They initially offered these under the 'SmartSave' brand but this has now been closed with all accounts now via Chetwood.

Banking Licence

Chetwood Bank have their own banking licence which isn’t shared with any other banks

Registration Numbers

Companies House Number: 09964966
Financial Conduct Authority: 740551

Based: Wrexham

Date Launched: March 2019

FSCS Protected? Yes

Branches: Chetwood Bank does not have any branches

People of Interest

Head of Savings

Carly Morris

Chief Executive

Paul Noble

Saving Information

No. of Savers

Unknown

Amount of Deposits

£3.81bn as at 31st March 2025

Loan Book

£5bn as at 1st August 2025

Account Opening and Management

How Do I Open a Savings Account

Internet

How Do I Manage a Savings Account

Internet

 

Lending Activities

 

Chetwood offers specialist mortgages delivered through its brands ModaMortgages and CHL Mortgages for Intermediaries. It also has several forward-flow arrangements.

 

Chetwood Bank also maintains a £2 billion investment portfolio, including senior positions in warehouse financing facilities that support UK consumer and SME lenders.

Reviews

Feefo Reviews

No reviews on Feefo

Savings Guru Verdict

Chetwood Bank made a low key entry to the savings market in March 2019 with just a single 1 Year Fixed Rate Bond using the SmartSave brand. In May 2020, they launched 2 and 3 Year Fixed Rate Bonds and have subsequently expanded their range of savings products to include easy access savings and several notice products. 

Contact Information for Chetwood Bank

Contact Details

Address: Ellice Way, Wrexham LL13 7YT

Telephone: 01978 803 976

Website: chetwoodbank.co.uk

Email:  savings@chetwoodbank.co.uk

Open: Monday to Friday, 8am – 6pm

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

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