All members are part-owners of the credit union and share in its success. Instead of interest being paid, when the credit union is doing well a dividend is given at the end of each year however this is not guaranteed.
The more savings that you have, the more dividend you earn, based on your average savings balance over our financial year (1st October to 30th September). The dividend is approved by the AGM each year and usually paid to members before the end of March. Dividend is paid on share accounts, including Christmas Club and savings attached to a loan, but not on Engage Account.
If you don’t recognise a transaction on your account then you must notify us a soon as possible. That could be an deposit into your account or a withdrawal that you don’t remember making. There may be error, fraud or a genuine transaction. If you ...
We talk a lot about savings, it's part of our ethos to encourage everyone to save regularly to build up some savings. But did you know there are different types of savings? Emergency Fund Unexpected bills, washing machine stops working, emergency car ...
Simple answer - no we can't. We do provide savings and loans, but we don't do transactional banking and don't offer a current account. We do offer the Engage Account provided by our partner Contis. This is a pre-paid debitcard account, with sortcode ...