Give them a
head start

Regular savings held in the credit union attract a dividend (like interest).  The dividend rate is paid based on the credit union’s financial performance and market conditions.  It is not agreed in advance, but proposed and voted on at the AGM every January.  In 2025, the credit union paid 2%.

We always aim to pay as much as we can reasonably afford to.

The Junior Savers Account is opened and managed by a parent or guardian on behalf of a child. To keep the account active, a minimum of £5 must be saved each month.

Savings held in the account are eligible for annual dividend payments, helping your child’s savings grow over time.

Until the child turns 16, the account is managed by the parent or guardian. Once they reach 16, they can take control of the account themselves and access it through our app, helping them take the next step in their savings journey.

A minimum of £5 per month must be saved into the account, with a maximum monthly contribution of £100.

The FSCS protects you if the financial firm you’ve used has gone out of business. If the failed financial firm can’t pay your claim, The FSCS can step in to pay compensation. 

Set up by the government, they are independent and their service is free to use.  

Funds held in all your credit union accounts combined are protected under the Financial Services Compensation Scheme up to £120,000.  

Visit fscs.org.uk for full details. 

Your online member services account allows you to check your savings balance and make withdrawal requests. You can change the amount you wish to save with us by sending us a secure message once logged into your account. 

For additional information about your rights and protections in relation to this account and your wider credit union membership, please see the Membership Terms & Conditions