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Rechabite starts recruitment drive

Rechabite Friendly Society is aiming to attract more teetotal investors.

Members will be speak to churches and social groups about the “financial

and social benefits of membership”.

Anyone interested in becoming a member of the society must have abstained

from alcohol for at least two years.

The Manchester-based friendly is one of the oldest in the country and has

23,000 members.

Members can get annual bonus rates of up to 9 per cent and terminal

bonuses of 30 per cent on its range of savings plans.

The friendly also offers a full range of life and sickness products.

Rechabite intends to offer financial support to teetotal groups which let

its members speak as part of the recruitment drive.

The friendly envisages the funds it hands out being used, for example, to

set up teetotal bars.

Chief executive William Turnbull says: “Our introducers will not be

providing financial advice, they will simply be effecting introductions,

distributing leaflets and giving general information on the society and its

background.

“In this way, we hope to not only grow our business and extend our

membership but also to provide vital financial supp-ort to help teetotal

groups continue with their good work.”

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