Instant Access Savings Account

If you want a savings account that pays a good return whilst leaving your money accessible if you need it in a hurry, this account is for you.

We normally expect you to save at least £20 per month, unless you have a fixed term ISA with us. You can save more. The maximum we can hold for any single member is £15,000.

Your savings can be easily accessed by giving us instructions in writing (Please click here) or by using the secure online members' area (also accessed through the link in the top right of the page). Your money is sent direct to a bank account and is usually credited within two working days of our receiving your written instruction, subject to your bank being in the "Faster Payment" scheme.

Interest is not paid on savings, but once a year your account will be credited with a dividend based on the Credit Union's results for the previous year. For 2010/2011 this will be1.5 per cent. Although the dividend is subject to income tax, it is paid by us gross, so if you do not pay tax you do not have the problems of reclaiming it.

You can save with us in a number of ways, by direct debit, standing order or if you are working for an employer who operates a payroll deduction service for us from your monthly salary.

As a Credit Union saver, you will benefit from free life insurance if you are aged under 80. Please click here for details.

Should you wish to close your account with us, you can do this by completing and submitting the form located here.

Most importantly, like all the money you deposit with us your account is completely safe. As a member of the Financial Services Compensation Scheme (an industry scheme underwritten by the government to which we contribute) your savings are absolutely secure. You can find out more by clicking THIS LINK.