Do you have enough money put aside for that unexpected bill?

Saving a little each week for an unexpected bill could save you paying over the odds at a later date!

United Savings and Loans offers a range of savings accounts to meet your needs. There are many advantages to saving with a Credit Union and your money is as safe with us as it is with any bank or building society. 

Members Life Savings Insurance

Up to the age of 65 years old, upon a members death their estate will receive their savings plus up to 100% of their value as an insurance payout*

*Members qualify for insurance on a deposit subject to the following Pre-Existing Condition Limitation.  No payout will be made for deposits if the death results from an injury or illness for which medical advice; consultation or treatment was receivedwithin the 6 month period prior to the date of the inital deposit.  This rule is not applied if the member dies 6 months or more after the date of the inital deposit.

The Maximum Payout is £6,500

eg Savings on death £500

Insurance payout £500

Total received by estate £1000

From 65-80 years old your estate will receive 25% of thier value as an insurance payout

Members over the age of 80 will receive no insurance payout

Dividends payable on savings accounts.

All savings accounts held with United Savings & Loans are eligible for a dividend.  The dividend payable is declared on the date of the AGM each year.  To receive a divend for that financial year members who have saved with the credit union must still be a member on the date of the AGM. 

For the financial year October 2008 - September 2009

CashISA: 2.75%

All other savings Accounts: 1.5%

Benefit direct and CUCA accounts are not eligible for dividends