Save With Us

"This could be the easiest way you’ve ever saved!"

Everyone benefits from regular saving, it allows us to work towards our financial goals and gives us peace of mind should an emergency arise.

Committing yourself to a regular saving pattern can be difficult but at the Credit Union its easy with various options available i.e.: payroll deduction through one of our sponsoring employers, standing order, paypoint card, cash/cheque/postal order.

Credit Union members can save at an affordable level be it £1 or £100. 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.

The tables below give examples of how regular savings can soon add up!

Weekly Savings Table

Amount Saved:	£2	£5	£10	£20	£25
Year 1	£ 104	£ 260	£ 520	£1,040	£1,300
Year 2	£ 208	£ 520	£1,040	£2,080	£2,600
Year 3	£ 312	£ 780	£1,560	£3,120	£3,900
Year 4	£ 416	£1,040	£2,080	£1,460	£5,200
Year 5	£ 520	£1,300	£2,600	£5,200	£6,500

 

Monthly Savings Table

Amount Saved:	£10	£15	£30	£40	£50
Year 1	£ 120	£ 180	£ 260	£ 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

Benefits of Saving with the Credit Union

• Save as little or as much as you can afford;

• Easy access if you wish to make a withdrawal (if not pledged against a loan)

• You will automatically receive free life insurance on your savings;

• Confidentiality is respected at all times;

• No hidden charges or fees on any transactions

• Credit Unions are mutual organisations-members savings are pooled to provide the resources for lending to other members; and

• Depending on surplus available at the end of the year, shares are eligible for an annual dividend.  The last few years we've paid 1%.