A host of charities have been presented with cheques for thousands of pounds by the Bank of Dave.
Entrepreneur Mr David Fishwick presented the money to representatives from the Burnley branch of Parkinsons, Rosemere Cancer Foundation, Armitt’s Army Help for Heroes, wheelchair basketball team Vikings 2009, the Pancreatic Cancer Action Group and the Histiocytosis Research Trust.
More charities are set to receive donations in the coming weeks.
The cash donated is from the bank’s profits and Mr Fishwick said larger banks should do the same.
Among those benefiting from the cash was Simon Townley, from Burnley, who plays wheelchair basketball for St Helen’s team Vikings 2009. The 27-year-old, who suffers from brittle bone disease, has played for the club for the last year.
Sue Peel from the club said: “The money’s going to be used to get Simon a wheelchair for basketball. One of the things we struggle with at the club is raising funds so players have the wheelchairs they need.”
Mr Dan Hill, East Lancashire area fund-raising coordinator for Rosemere, said the cash would be used to buy equipment for cancer patients at the Royal Blackburn and Burnley General Hospitals.
“This money will make a massive difference. It’s amazing.”
Armitt’s Army Help for Heroes will use its cash to support former servicemen and women. The charity has produced a 2014 calendar which launches later this month.
Mr Fishwick said all future profits from the bank would go to helping charitable causes.
“Today is just one of many days of giving. Some of the things we are involved in are going to make a huge difference to people’s lives.
“There are three main things that we are focusing on, helping pensioners get a good rate of interest, helping local businesses and giving money to good causes.
“Everybody said you can’t open a bank, it’s impossible. But it’s become banking history.”