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12 December 2017
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Save With Us

"The Credit Union offer a range of services to our members"

Everyone benefits from regular saving, it allows us to work towards our financial goals and gives us peace of mind should an emergency arise. Committing yourself to a regular saving pattern can be difficult but at the Credit Union its easy with payroll deduction. Small regular amounts soon add up and remember at the Credit Union you are not just another customer, but a co-owning member of an organisation which provides security and protection.

The tables below give examples of how regular savings can soon add up!

Weekly Savings Table
Amount Saved: 5 10 20 25
Year 1 260 520 1,040 1,300
Year 2 520 1,040 2,080 2,600
Year 3 780 1,560 3,120 3,900
Year 4 1,040 2,080 1,460 5,200
Year 5 1,300 2,600 5,200 6,500
 
Monthly Savings Table
Amount Saved: 20 30 40 50
Year 1 180 260 480 600
Year 2 360 720 960 1200
Year 3 540 1080 1400 1800
Year 4 720 1440 1920 2400
Year 5 900 1800 2400 3000

Benefits of Saving with the Credit Union

  • Save as little or as much as you can afford;
  • You will automatically receive free life insurance on your savings;
  • Confidentiality is respected at all times;
  • No hidden charges or fees on any transactions
  • Credit Unions are mutual organisations-members savings are pooled to provide the resources for lending to other members; and
  • Depending on reserves, shares are eligible for an annual dividend.
Updated: 01 February 2007