Monument Bank has reached over £3bn in client deposits, £1bn more than 10 weeks ago.
This marked a successful start to Q3 for the bank, which doubled its client base in just under six months.
Monument achieved £1bn in interest-bearing assets at the end of 2023, then raised another £1bn in four months.
The bank offers a range of products, including an Easy Access Savings Account, Fixed Term Deposits, and a suite of Notice Accounts.
Ian Rand, chief executive officer at Monument, said: “Having only hit our previous £2bn milestone in May, I am delighted with the continued acceleration of our growth.
“This is testament to our clients, who not only trust us with their savings, but are also our best ambassadors at every opportunity.
“We deeply appreciate their support – and we thank them for choosing to grow their wealth with us.
“Looking ahead, we’re continuing our mission to create products that help our clients to better manage their wealth, with some exciting launches coming up in the latter half of this year.”
