Savings Products Designed for Everyone
How can you save and withdraw funds?
Saving with us is easy.
You can pay money in via the following methods:
- A standing order from your bank account, or a one-off payment from your bank account
- Payroll deductions through your employer
- Transferring any Benefit into your Credit Union account
- Cash at our Central Office (Sheffield office only)
Save a regular amount weekly, 4 weekly or monthly – whatever suits you.
We have savings accounts to suit everyone and you can have your payments split across all of the products you hold with us….
|Want to draw your money out regularly?||Share 1 account with an Engage debit card or Basic Bank Account or withdraw from the office (maximum £50 per week available from office).|
|Want to save up and see your savings grow?||Share 2 account – pay in directly, or transfer money and let it build. Savings held in Share 2 are instant access but are no longer covered by our life savings insurance from 01/05/18. We also have a 30 Day Notice Account – for those wanting to leave their money in a little longer. Our 30 Day Notice Account has free life savings insurance included (coverage up to £5000, conditions apply). There are a maximum of 4 withdrawals from this account per year, and you must give 30 calendar days notice before we can process your withdrawal request.|
|Want to save up for Christmas?||Christmas Saver account – keep the money in and you will get a bonus before Christmas, subject to minimum balance at 31 October of £200. All savers also entered into prize draw annually.|
|Want to secure an affordable loan?||Secured savings – we will move any savings on which your loan is based into this account until your loan is repaid. Also has free life savings insurance included (up to £5000 covered, conditions apply).|
|Aged under 16?||Junior Savings account that attracts interest and gets you into good habits early!|
Withdrawing funds from your account is also quite flexible:
You can also request a withdrawal through online services (not available for junior accounts). This can be to the bank account you specify at this time. Please enter the details very carefully. This is also free of charge. Please note: Members wishing to request a withdrawal of £10,000 or more are asked to request the withdrawal either by telephone or at one of our branches. If you are requesting a withdrawal of £2,000 or more to your Engage Card, please allow 3 working days for this to be processed.
Completing a BACS authorisation form, and registering your chosen bank details to your credit union account by submitting this signed and dated form to us, will ensure that you can ring us and request a transfer to this bank account. Please be sure to set up a password and reminder on this form too, as we will ask you for this when you call. There is also an automated withdrawal line where you can leave your request for a withdrawal – ensure you give all the information requested in your message.
You will have a choice of a same day transfer (if the request is received by 3pm) which carries a fee of £2, or a 3-5 day transfer, which is free of charge. Please tell the staff member which you would prefer.
In the Sheffield office
You can withdraw cash at the Sheffield office, subject to a weekly maximum (usually £50). Amounts over this are sent to your registered bank account or Engage card. For same day transfers to a bank account, but not an Engage card, a fee applies. Three-day BACS transfers and withdrawals requested over the online area are carried out free of charge. If you would like assistance in setting up a basic bank account or Engage card to use with your credit union account, please contact us or call into one of our offices.