SAVINGS

 

Our savings accounts are designed to encourage you to save and keep on saving. Enjoy flexible savings with unlimited deposits and BACS withdrawals – subject to a maximum of £30,000.

Who can save with us?

  • Anyone who lives or works in Nottinghamshire
  • Anyone who works for or rents from one of our Partner Housing Associations
  • Membership is subject to an initial one-time £6 payment — £5 fee for membership and £1 to start off your NCU savings
  • Any new applicant must be able to provide valid ID in line with FCA guidelines

Benefits of Saving with Nottingham Credit Union

  • Simple, straightforward accounts
  • Annual dividend return paid by May each year
  • Make regular contributions by standing order or from your salary (if you work for one of our payroll partners)
  • Quick and easy access to request withdrawals by bank transfer either online, using our app or by phone
  • A handy Mobile App to help you keep track of your savings

 


Save for a great Christmas

Our Christmas Savings Club is designed to enable you to save for Christmas throughout the year. You can set up a regular deposit with the option to change the amount you save or stop saving at any time.

To encourage you to keep your savings until Christmas, free withdrawals are only permitted in November and December each year. However, if you do need access to your funds, you can make a withdrawal at any time subject to a £5 fee.

Key Features

  • Save from £10 to £500 each month by Standing Order or from your salary (if you work for one of our payroll partners).
  • £5 for early withdrawals to encourage you to save for Christmas
  • Request withdrawals online or using our app 24 hours a day or over the phone during opening hours
  • Receive our competitive dividend by May each year
  • A handy Mobile App to help you keep track of your savings

Call us on 0115 8283121 to apply for a Christmas Club Account

 


Save for their future

Encourage an early savings habit in your children or grandchildren. Our Junior Savings Account is for children from birth up to 17 years of age whose parents, guardians or grandparents are members of the Credit Union.

Key Features

  • Save from £1 to £500 each month by Standing Order or from your salary (if you work for one of our payroll partners)
  • Statements are sent annually around the child’s birthday
  • Receive our competitive dividend by May each year
  • A handy Mobile App to help you keep track of your savings

 


Regular Saver Cash ISA

We offer a Regular Saver Cash ISA to our members that ensures that you receive a greater return on your investments.  Open an account with just £10 and never pay tax on the interest.

Key Features

  • Save up to £500 each month by Standing Order or from your salary (if you work for one of our payroll partners)
  • Instant access to your balances online or using our mobile app
  • Build savings of up to £6000 and earn a rate of 1.5%AER tax-free
  • No transfers in
  • Fill in the form to get started here!

 

Have more questions? Check out our Savings FAQ for more info!