Open a Savings Account
Start saving today to pay for Christmas, a special occasion or build your rainy-day fund.
Opening a savings account with your credit union is easy.
Saving regularly is the best way to build your financial resilience. When you save with a credit union your funds are guaranteed up to £85,000 through the Financial Services Compensation Scheme (just as they would be with a bank of building society).
Your savings benefit the community.
Saving with a credit union means you are benefitting the wider community. The money held on deposit can be loaned to others in the community and Credit Unions of Wales members tell us that 72% of the money they borrowed was spent in the local area, with 80% used in Wales.
Savings for everyone.
Credit unions have a range of savings accounts from junior savers to instant access and popular Christmas savings accounts that help you save for the festive season. You can even save while you borrow if you need a loan.
There may be a credit union in you area that are not part of Credit Unions of Wales – Click here to find you nearest branch