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We all know the benefits of saving, either for something specific or for that “rainy day”. If you develop the habit of putting some money in the Credit Union on a regular basis, saving will become less difficult, every penny counts! 

All saving accounts can be credited and withdrawals made at anytime.


Your eligible deposits are protected up to £85000 by the Financial Services Compensation Scheme.




Here is a table of how a regular Credit Union savings account can help you to build up a substantial savings account before dividend payments are made:

Image by Damir Spanic


As the Credit Union is owned by its members, your savings with us are known as shares. Each share you hold in your Credit Union account is equal to £1.


It is through the accumulation of members’ shares that the Credit Union has the ability to grant loans. As shares act as a security against loans, members are advised to continue to save whilst repaying a loan.

Members can have up to £15,000 in their account.

Image by Micheile Henderson


Easy shares are designed to allow members to save for occasions such as Christmas, holidays, annual bills etc. 

Easy Shares cannot be used as security on loans. 

To open an Easy Share account just visit our office.

Children Playing


A Juvenile account can be opened by the Minor's parent up to the age of 16. 

Minors can have up to £6,000 in their account.

Reasons for young people to start saving:

  • Developing good financial skills will benefit you in the future

  • Build a positive attitude towards money

  • Learn to be thrifty when it comes to spending

  • You build up a relationship with your credit union that will benefit you when you need to borrow.

Types of Saving Accounts


Other useful information:



Lodgements can be made by

  • Cash

  • Cheque

  • Bank transfer

  • Standing order

Arrange a standing order payment from your bank and be sure of regular payments to your Credit Union. Standing order forms can be obtained in our office or posted if requested)


Withdrawals can be in the form of

  • Cash

  • Cheque

  •  Bank transfer

A member who has no loan can withdraw part/all savings in the Credit Union during office hours.

When a member has been issued a loan in excess of their shares, these shares are held as security. Therefore, the only shares that can be withdrawn are those saved after the issue of the loan providing the loan is not in arrears. 

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