Regular Saver.
Every member gets a Regular Saver account – sometimes called a “shares account” or “member account”. It’s the core account that makes saving easy.
You don’t need to borrow to save. You can join the credit union simply to save!
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Deposit cash and cheques
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Make a debit card payment
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Set up a regular standing order
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Pay in via payroll deduction
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Transfer benefit payments
Our Regular Saver account pays dividends, which are shares of the profits decided at each Annual General Meeting.
Note: dividends are not guaranteed because they depend on the credit union’s surplus for the year.
If you choose to apply for a loan with the credit union you must ‘save as you borrow.’ With this scheme you will agree to pay a set amount into a Regular Saver account each week alongside your loan repayments. This approach helps members build a financial safety net.