With the Credit Union you are not 'just another customer' but a co-owning member of an organisation which provides security, protection, and in time, a return for your savings in the form of a dividend. Benefits of Credit Union savings Credit Union members can save at an affordable level be it £1 or £100.

Even small weekly amounts soon add up. Shares, depending on Credit Union reserves, are eligible for an annual dividend. Credit Union members can save as often as they like, and, up to certain legal limits, as much as they like. Upon death of any member, the credit union makes an application to the Newarthill Death Benefit Fund. In most cases, there will be an additional payment made to the shares; this is one of the unique features of the credit union and is provided at no extra cost.

Member’s Shares are protected by the Financial Services Compensation Scheme up to the value of £85,000.

For further information on the Financial Services Compensation Scheme see www.fscs.org.uk. Confidentiality at all times is respected. Credit Unions are mutual organisations. Members' shares are pooled and provide the resources for lending to other members. No hidden charges or fees on any transactions. Straightforward access for account withdrawals.

Withdrawals
Members can withdraw their Credit Union savings provided they are not pledged as security for a loan. Withdrawals are paid out in a convenient manner designed to suit the needs of the Credit Union member. Members are encouraged to keep their savings intact where they will continue to earn a dividend