Junior Saver – How does it work?

A member of the credit union can apply for a Junior Saver Account for each child who lives with them. You will be the account Trustee until the child reaches the age of 16.  On their 16th birthday they may become full members of the credit union.  Simply download a Junior Saver Joining Form and email, post or bring it to our office with the Childs Birth Certificate to confirm their identity.  If you prefer to apply using an online method such as via the Members Area of this site or by email, you may forward the Birth Certificate by post.

Junior Saver – There is no monthly minimum saving amount.  We encourage regular monthly saving.  This can be contributions from the Junior, from the Account Trustee, from Child Benefit or from another family member.   Juniors may also make lump sum payments into their accounts from Birthdays, Christmas etc up to a total monthly contribution of £500.  Junior Savers are allowed up to a maximum save of  £10,000.

Withdraw anytime – You can withdraw funds from the Junior Saver account at anytime online or by calling us.

Annual Dividend – Receive a return on your Junior Saver account annually at the same rates as the Regular Saver.