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A Letchworth-based bank is aiming for an impressive eighth successive victory after being shortlisted once again in national industry awards.
Redwood Bank, known for its tailored approach to commercial and buy-to-let mortgages and its competitive business savings accounts, has been named a finalist in three categories at the 2026 Business Moneyfacts Awards. This follows a win at the Moneynet Awards 2026, where the Bank was named Best Monthly Interest Business Savings Provider.
Since 2019, the Bank has claimed the award each year for Best Business Variable Rate Deposit Account Provider, consistently outperforming some of the sector’s most established names.
As it looks to extend that remarkable run to eight straight wins, Redwood is also in contention for Best Business Fixed Account Provider and Best Service from a Commercial Mortgage Provider.
Jessica Darrah, Senior Product Manager (Savings), said: “Being named a finalist for eight consecutive years is a tremendous achievement and a real endorsement of our commitment to customers. It reflects the dedication and expertise of the entire Redwood team and their focus to putting customer first.
“Our customers value the simplicity of opening and managing business savings accounts online, supported by the personal service of our experienced banking operations team. This nomination highlights their hard work and the care they bring to every customer who chooses Redwood Bank.
The awards ceremony will take place on Thursday, April 16, at Evolution London. Winners are determined through a rigorous judging process that combines detailed product analysis, service assessments and market intelligence.
The latest nominations follow further recognition for Redwood at the Moneynet Awards 2026, where it was for the first time named Best Monthly Interest Business Savings Provider. The awards celebrate providers that have adapted to changing market conditions while delivering choice, value and innovative solutions for customers.
With one award win already secured in 2026 and another strong slate of nominations, Redwood Bank continues to cement its reputation as a trusted partner for businesses and brokers across the UK.