About Us - Our owners
Established in 1890, when it was known as The Salvation Army Bank, Reliance Bank Limited is built upon caring foundations that remain as strong as ever. The Salvation Army's founder, William Booth, was a man renowned for getting things done. When he needed to attract investments to finance mortgages on property vital to the work of the movement, his response was to set up the Army's own bank.
Today, we remain part of The Salvation Army and all profits made by the Bank go to support its ongoing work. This will either be in the form of direct donations made to The Salvation Army or by increasing the value of shareholder investment in the Bank through retained earnings.
Reliance Bank Limited is a growing business and it is not only The Salvation Army which relies on the Bank, but it is also trusted by many private customers, as well as other churches, charities, and businesses.
Reliance Bank prioritises customer care and puts people first, just like The Salvation Army. We care about our customers and the issues that matter to you. We believe in ethical banking and our investments and loans are made within strict ethical boundaries. We're proud to support The Salvation Army's evangelical and charitable work.
A copy of our latest financial accounts and Pillar 3 disclosures (certain disclosures required by the Bank's regulators) can be accessed through the attachments listed at the bottom of this page.
You may also be interested in The Salvation Army's Insurance Company, SAGIC, which provides a number of insurance products and services. It can be accessed via www.sagic.co.uk
Reliance Bank has no direct business connection with SAGIC and this link is provided for information purposes only.