Our cash funds currently invest on behalf of our church, charity and local authority clients in the CBF Church of England Deposit Fund, the COIF Charities Deposit Fund and the Public Sector Deposit Fund.
We manage the CBF Church of England Deposit Fund, the COIF Charities Deposit Fund and the Public Sector Deposit Fund on behalf of our clients. These funds’ objective is to aim to offer a high level of capital security and a competitive yield to their clients. They primarily invest in certificates of deposit, but also utilise term deposits and notice accounts, all of which offer an interest rate in exchange for a predetermined holding period. The investments are allocated to banks and building societies that have undergone a thorough evaluation, resulting in their inclusion on CCLA’s approved list of financial institutions.
It is important to note that the cash funds do not own any shares in banks and building societies.
CCLA maintains an approved list of financial institutions (‘approved list’), in which CCLA’s cash funds can invest. To determine this list, CCLA assesses institutions on various indicators of financial strength and on several environmental, social and governance (ESG) indicators. Please download the full policy for further details.
September 2025