Serve and Protect 2022/23 Annual Review: A Year of Record-Breaking Savings Returns and New Savings Accounts
The Serve and Protect Annual Review is here, and it’s a great way to catch up on how your credit union performed financially during the 2022/2023 year. It’s also full of highlights and achievements we’ve accomplished together over the past 12 months.
This year is extra special for us—we’re celebrating 20 years of serving our members! Over the last two decades, we’ve been proud to support you in building stronger financial resilience, and we’re so grateful to have been part of your journey.
To help you manage your finances more confidently, especially with rising interest rates, we introduced an exciting new product this year: our first-ever fixed-rate savings account, the Fixed Saver. In July, this account matched the Bank of England base rate with an impressive 5% AER/gross.
As a credit union, we believe in giving back to you, our members. That’s why we’re thrilled to announce a proposed dividend return of £2.4m this year—the largest return we’ve ever given. This is our way of saying thank you for trusting us with your savings.
We hope you’ll take a moment to read our Annual Review. It’s a chance to learn more about your credit union and how we’re working to support you every step of the way.
