savings and deposit schemes
Our main purpose is to encourage people to start planning for future events, or to put some money to one side for something you really want. We work with local Credit unions, who are community based co-operatives, run by the members for the members, and it is with these that you can keep your money quite safe. Saving with a credit union means that your money is protected so in the unlikely event of a Credit Union collapsing you will get most of your money back.
You can choose to join the Christmas savings scheme if you wish or simply save for a rainy day. You can do this in person as a local customer access point or set up a standing order to make regular deposits into your account. The really good thing about saving with your credit union is that if you ever need to borrow money you can borrow twice as much (sometimes 3 times as much) against what you have saved for a low interest charge.