Everyone benefits from having savings – no matter how much or how little money you have. Having some savings allows you to work towards your financial goals and gives you peace of mind should an emergency arise. Committing yourself to a regular saving pattern can be difficult but at the City of Plymouth Credit Union we make it as easy as possible with a variety of savings accounts and several ways to save. Whether it's in cash at our office or service points, through the Post Office Giro system, with a standing order or direct from your wages or benefit payment, it's easy to get the savings habit. Credit Union members can save at an affordable level be it £1 or £100. Small regular amounts soon add up. Remember at the Credit Union you are not just another customer but a co-owning member with a vote.
At the City of Plymouth Credit Union, we offer four different types of savings accounts; two for adults, one for children and one for corporate members. To gain access to our savings accounts, you must become a member of the credit union.
Did you know?
Strictly speaking, adult savings actually are used to purchase shares in City of Plymouth Credit Union. Shares cost £1 and are redeemable for £1. That's the way all our members participate in owning the credit union. However, as junior savers are not permitted to hold shares, they have savings accounts.
Christmas Saving Account
Want to save to make next Christmas really special? Over 18? Then you can apply for a Christmas Saving Account to go alongside your Adult Saving Account.
Junior Saving Account
Are you a parent or guardian? How about opening a Junior Saving Account? A great way to help them appreciate the value of money and to save.
Corporate Saving Account
This account is specially for corporates like companies, charities, clubs – in fact any organisation which has some sort of legal basis.