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Redwood Bank became the newest business bank when it launched in August 2017, offering lending and savings accounts to businesses. This video celebrates Redwood Bank's third year anniversary. A Bank that is only three years old has managed to break down a lot of banking boundaries in a very short space of time. Since flinging open its virtual doors in August 2017, Redwood Bank has made huge waves in the financial waters, regularly appearing on the best saving rate tables and offering competitive fixed-rate bonds. Having scooped multiple industry awards, including Bank of the Year for SMEs, Redwood Bank has carved out a reputation for being dynamic and dependable when it comes to commercial mortgages. The business loan experts have hit some incredible milestones in just three years, including beating Nationwide and Virgin Money to take the award for best business variable rate deposit account provider. Having set out to compete with some of the biggest high street names, it seems Redwood is already snapping at the heels of the better-known banking giants. In September 2019, the business Bank lent £150m, owing largely to its fast-thinking decision making and by August the following year, Redwood confirmed it had lent £250m to small businesses around the UK. The team has grown fast with more than 90 talented banking experts on the books and a total of 24 awards which sit in their ever-growing trophy cabinet. To learn more about Redwood Bank, visit redwoodbank.co.uk