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Experience the best with a Regular Saver account from Serve and Protect.
At Serve and Protect , we want to help our members save easily with our Regular Saver account. Whether you save as little as £10 every month or would like to make larger deposits, our savings accounts are designed for simplicity, and our online application process is easy to follow. You can have deposits taken straight from your salary so you don’t even notice they’re going out.
There’s a wealth of benefits to be had from our Regular Saver, including:
Easy Access
Flexibility
If things are a little tighter one month, you can make a smaller deposit, or increase your amount if you’re in a position to.
Free life cover
The first £25,000 of your savings is matched by Serve and Protect , so your family will be covered should the worst happen.
Annual dividend
At the end of each year, you can receive a lump sum payment into your account to help your savings grow.
It’s never been easier to open a Regular Saver account.
Our simple application process can be completed in just a few minutes.
You can choose an amount to go straight from your salary each month into your Regular Saver.
If you get a pay rise or have an increase in your outgoings, you have the flexibility to change your monthly deduction without fuss.
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.Â
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.
In addition to your monthly deduction, you have the flexibility to make extra deposits whenever you like.
When you save monthly with deductions from your salary, please keep in mind that the deductions are taken after taxes and any other pre-tax deductions.
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
Below, you’ll find an archive of the Regular Saver annual dividends we’ve paid, allowing you to easily track what was provided and when.
| Financial year | Effective period | Annual dividend |
|---|---|---|
| 2022/2023 | 01.10.2022 - 30.09.2023 | 3.50% |
| 2021/2022 | 01.10.2021 - 30.09.2022 | 1.75% |
| 2020/2021 | 01.10.2020 - 30.09.2021 | 1.00% |
| 2019/2020 | 01.10.2019 - 30.09.2020 | 1.20% |
| 2018/2019 | 01.10.2018 - 30.09.2019 | 1.00% |
Find out more about our other products and how they can help
Maximise your savings with our Cash ISA. Enjoy the benefit of tax-free returns whilst helping supporting the community.
Our fixed rate saver account enables you to earn a guaranteed savings return over a set period of time.
If you want to make even more from your savings, our prize saver enables you the chance to win cash prizes every month.
It’s never too soon to start saving and our junior saver enables you to save on behalf of your children / grandchildren living at your address.
We know plans can change which is why our flexi saver is ideal if you want to save additional amounts, but access your money when needed.
