Savings Accounts

Adult Savings Account

Our Adult Savings Account offers the flexibility to save for any goal be it an emergency fund, a dream holiday, or a new business venture.

Why choose our Adult Savings Account?

Simple to Start: Anyone aged 16 or older can open an account with just £5 (plus a £1 joining fee) and begin saving today.

High savings limit: Save up to £25,000 with no monthly or yearly restrictions.

Convenient saving methods: You can save regularly through direct debit or standing order—weekly, fortnightly, 4-weekly or monthly. Alternatively, save in person, by phone, or via online transfers using your Credit Union Sort Code and Account Number.

Potential dividends: As a regular saver, you may receive an annual dividend based on the credit union’s financial performance. Share in our success with dividends and interest rebates.

Life Savings Insurance: Get peace of mind knowing your share balances are protected by life savings insurance, subject to terms and conditions.

Pledged Shares: Use your shares as security for loans, providing more financial flexibility.

Junior Savings Account

Our Junior Savings Account is designed for young savers, from birth until their 16th birthday, when it automatically transitions into an Adult Savings Account.

This account provides a valuable opportunity to instil lifelong saving habits from an early age. Saving just £1 per week over 16 years can grow to more than £800! Junior accounts also benefit from potential dividends, helping their savings grow even more.

Easy Shares Account

The Easy Shares Account is an additional savings option alongside your Adult Savings Account. It offers flexibility for specific savings goals, such as Christmas or special occasions. With Easy Shares, you can access your funds anytime, making it a convenient option for short-term savings needs.

Key Benefits of the Easy Shares Account:

  • Dedicated savings: Keep your savings for special occasions separate from your main account for easier management.
  • Full access: Unlike the Adult Savings Account, funds in your Easy Shares Account are not pledged against any loan, giving
    you unrestricted access to your savings.
  • Savings cap: Save up to £3,000 in your Easy Shares Account.

Contact us

We’re here to help. Get in touch and speak with our friendly staff.

Pennyburn Office

Closed

Springtown Office

Closed

Opening Hours

  • Monday - 9:30 AM - 4:00 PM
  • Tuesday - 9:30 AM - 5:30 PM
  • Wednesday - Closed
  • Thursday - 9:30 AM - 5:30 PM
  • Friday - 9:30 AM - 5:30 PM
  • Saturday - 9:30 AM - 2:00 PM
  • Sunday - Closed

*Springtown office closed for lunch between 1pm-2pm Monday, Tuesday, Thursday and Friday.

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