Yorkshire Building Society’s branch, on Westborough, has raised £1,753 for EYH in the three and a half year partnership that has helped over 455 young people and 95 dependent children into their own rented homes.
EYH is a national movement of local charities working together to end youth homelessness in the UK.
An estimated 110,000 young people in the UK were homeless or at risk of homelessness last year, including 323 young people in Scarborough.
The money has been raised through activities such as colleague fundraising, public donations, innovative savings accounts and donations from the building society.
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Maxine Hartley, manager of the Scarborough branch of Yorkshire Building Society, said: “I want to thank everyone in the community here in Scarborough that has supported our partnership with End Youth Homelessness.
“This has enabled us to help hundreds of homeless young people move into their own homes and provide them with the support they need to rebuild their future.
“Through our partnership, we’ve helped young people to overcome some of the enormous financial barriers to living independently like rental deposits, the first month’s rent, or household essentials and furniture.”
Nicholas Connolly, managing director at End Youth Homelessness, said: “We are incredibly proud of this partnership and its legacy is hardwired into our future with the End Youth Homelessness Housing Fund, which builds on the partnership’s Rent Deposit Scheme.”