Save With Us

"Saving with the Credit Union is easy"

Everyone benefits from regular saving. It allows you to work towards financial goals and give you peace of mind should an emergency arise.  Committing yourself to a regular savings pattern can be difficult but at the Credit Union it is easy with payroll deduction.   Small regular amounts soon add up and remember at the Credit Union you are not just another customer but a co-owning member of an organisation which provides security and protection. You can add to your savings whenever you like up to a maximum of £15,000 per member.  However,

• No single deposit of more than £1000 will be accepted and
• No more than £1000 per month may be deposited into any one account

The table below gives examples of how regular savings can soon add up!

Monthly Savings Table

Amount Saved:	£10	£15	£30	£40	£50
Year 1	£120	£180	£360	£480	£600
Year 2	£240	£360	£720	£960	£1200
Year 3	£360	£540	£1080	£1400	£1800
Year 4	£480	£720	£1440	£1920	£2400
Year 5	£600	£900	£1800	£2400	£3000

The other benefits of saving with the Credit Union are-

• Automatic free life insurance on your savings up to the age of 65 years (See Insurance Services Page)
• No hidden charges or fees on any transactions
• Annual dividend paid on savings

A £5 one off joining fee is taken from your first month’s saving.  This charge is to cover the initial set-up admin process.