Credit Union accounts
Playing an important part in the local community
We recognise that credit unions play an important part in local communities, particularly in providing a springboard for people to move into the use of mainstream banking. That's why we have designed a package of banking services specifically for community credit unions.
Cash deposits are credited the same day and you always have immediate access to all cleared funds.
Drop in to your local branch to complete an application form or call 0845 072 5555 to make an appointment.
Features & Benefits
- Cash deposits are credited the same day and you always have immediate access to all cleared funds.
- Account is specially designed to provide banking services for community credit unions.
- You receive free banking on all sterling account transactions.
- A chequebook and paying-in book is available with one or more signatories.
- No minimum deposit or withdrawal (subject to cleared money being available).
- Free book-keeping system to help with your annual reports to the Registry of Friendly Societies.
- Service includes an interest earning Business Call Account for all surplus money over £1,000.
- Interest is added to your Business Call Account monthly.
- You can receive Business Call Account interest without tax being deducted.
- Interest rates are tiered for a higher return on your whole investment.
- We provide monthly statements on all your accounts.
Credit Union accounts important informationHow do I apply?
At your local branch
Drop in to your local branch to complete an application form.
By phone
Call 0845 072 5555 to make an appointment.
