Reliance Bank has become the latest lender to partner with Knowledge Bank.

Formed in 1890 as the Salvation Army Deposit Bank, the lender says that social good remains its priority, with it donating up to 75 per cent of its profits to The Salvation Army International.

It says that through its operations mortgage intermediaries will be able to service clients with social good in mind.

Reliance Bank specialises in residential mortgages for first-time buyers – including through Shared Ownership schemes – home movers and for those looking to remortgage.

Reliance Bank head of mortgages Gareth Byrne says: “We see this as another way to help advisers find our residential criteria.

“More and more people are looking to borrow money in a socially responsible way. That’s exactly what your clients can expect with Reliance Bank.”

In late April this year, Reliance joined MCI Club’s lending panel.