Flexi Saver Account

You have the flexibility to save as little as £10 per month or up to £1,000 per month through regular deductions. Start small or aim higher – the choice is yours! Let’s make saving easy and achievable.

We take great pride in rewarding our valued members with a savings return in the form of an annual dividend. 

It’s important to note that our annual dividend is determined based on the surplus profits of the credit union, and it is proposed by the Board to our members at our Annual General Meeting each year.

Absolutely! You have the flexibility to withdraw your money whenever you need it. Just use your online banking, mobile app, or give us a call, and we’ll assist you in withdrawing the desired amount.

You have the opportunity to open a Flexi Saver account with a maximum deposit limit of £40,000. It’s a great way to save and grow your money while enjoying flexibility and ease.

You might need to pay tax on the interest or dividend you receive from your savings accounts with us. This will depend on your personal financial situation. For more information, please visit https://www.gov.uk/apply-tax-free-interest-on-savings

Rest assured, all our savings products are protected by the UK’s Financial Services Compensation Scheme (FSCS), guaranteeing your savings up to £85,000. Any deposits exceeding the current limit are not covered. For additional details about the FSCS, please visit www.fscs.org.uk

To open a Flexi Saver account, you’ll need to become a member of our credit union and save a minimum of £10 per month in our Regular Saver account.

Don’t worry if you’re not a member yet – you can become a member for free here.

Once you join, head back here to complete our Flexi Saver application, and our friendly support team will assist you.

To get a Flexi Saver account, simply fill out the form below. We’re here to help you every step of the way!

All our savings accounts include free life cover up to £25,000 (up to the age of 65). This means, should the worst happen, your savings could be doubled up to the first £25,000, allowing you to support your family when they need it most. 

The free life cover benefit is subject to the terms and conditions of Serve and Protect Loan Protection and Life Savings policies, arranged by CMGL and underwritten by Covea Life Ltd. Note that this protection is a benefit of membership provided at no extra cost to the member. The Credit Union is the policyholder for Loan Protection and Life Savings.