Everyone benefits from regular savings, it allows us to work towards a brighter financial future and gives us peace of mind should an emergency arise.
Instant Access, Junior and Christmas Savings ... Why open an savings account?
Saving regularly is a habit which is good for you and your family Regular savings soon add up Saving with TCU will give you access to loan and other services Saving with TCU is totally confidential Dividends paid annually are paid gross. Its up to you to advise the tax authorities Convenient ways to save regularly Free life insurance Savings are fully protected by the FSCS up to £50,000
Instant Access and Junior Savings
. everything explained
Members of Thorne Credit Union are asked to save a minimum of £2.50 per week or £10 per month. Members can save as much as the want beyond the minimum membership requirement. Members can vary their savings, beyond the membership minimum requirement, to allow for those more demanding times such things as holidays. Members can deposit regularly and securely by direct debit, standing order, payroll deduction or send us cheques. Members will automatically receive free life assurance on their savings after twelve months. Instant Access savings can be withdrawn without notice using the agreed share withdrawal form. Download your Share Withdrawal form or contact the TCU Member Services Office. Share withdrawals will be paid directly to your bank account or by cheque which will be posted to your home address. There are no charges or fees for operating your savings account. Statements are normally issued once a year. However Members can use Online Banking or request a statement at any time. Savings are eligible for an annual dividend recommended by TCU Board and approved at the Annual General Meeting. Savings accounts are covered by the FSCS up to £50,000
TCU Christmas Club... Why open an account?
The easy way to save for the festive season Save at your own pace Keeps your Christmas budgeting simple Free life insurance Savings fully protected by the FSCS Gives access to the full range of TCU services
TCU Christmas Club...How does it work?
£1 minimum opening balance Save what you want at times to suit you All funds in a Christmas Club Account will be transferred to a members share account on 30 November annually No withdrawals permitted on the Christmas Club until 30 November to ensure maximum funds are available No Christmas Club direct debits will be claimed by TCU during December Christmas Club account restarts in January for the following year
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