Reason to save with Forest Savers
As money is deducted from your wages or bank transfer at a date of your choice, you can save and not miss the money, that way when it comes to Birthdays or Christmas (along with hundreds of other days that creep up on us all) you will have a little (or lot) saved away to make money problems a little easier.
We offer you a saving account where you can save as little as £10 per month.
There is a one-off joining fee of £5.00 from your first monthly contributions, then no further charges.
All members accounts are insured by CUNA Mutual from the day you join to the day you die, dependant on savings.
A Credit Union is a financial co-operative that is owned and controlled by its members. It provides them with accessible savings, low cost loans and other financial services
A Credit Union is a financial co-operative that is owned and controlled by its members. It provides them with accessible savings, low cost loans and other financial services
Unlike a bank we are owned by our members*, Annual General Meeting is held once a year and every member has an equal say in how the Credit Union is run. All members are invited to attend.
At the AGM the external auditor feeds back to the members what our financial viability is for the end of the year, this would then determine if a dividend can be paid to all members.
* The Board of Directors have the job of running the credit union with responsibility for general control, direction and management
