Even small regular savings will grow and help you meet those unexpected bills.

We have saving schemes tailored for regular savers, Christmas, holidays and Junior savers (under 16).

There are five ways we make saving easy...

• By cash or cheque at a collection point (we would prefer you did this yourself, but if this is not possible we will see what other arrangements can be made)
• By Standing Order
• By payroll deduction (if you work for a participating employer)
• By cheque posted to the office
• By PayPoint card at any Post Office or many local shops (subject to a minimum amount)

...and its just as easy to withdraw your savings.

What is the lowest I will have to save?

To keep your account open you must have at least £1 in your account.

What is the most I will be able to save?

The most you will be able to save is £5000

Do I have to save regularly?

We would like you to save regularly. If you can’t afford your usual level of saving, just pay in what you can. If you want to pay more this is also OK. Saving even small amounts regularly soon adds up.

Where can I save?

If you are saving by cash or cheque you can do this at any of these collection points.

What is the interest rate?

Members do not get interest on their savings, instead they get dividends. The amount of the dividend depends on the amount of surplus that the credit union has made. In the beginning the dividend rate will be very low and may even be zero.

Junior savers receive interest which is paid once each year. The interest rate is likely to be 1.5% below the Bank of England Base Rate. When we are open you will be able to contact the office for information on the current interest rate for junior savers.

What happens if I die?