Save With Us
Build a better future for yourself and your local community by saving with Cambrian savings & loans.
Benefits of saving with us
Our many benefits include
Our Savings Policy
Unlike most ethical investments, your contribution will undoubtedly have a positive impact on your local community. We at the Cambrian Credit Union aim to provide a high quality, sustainable and accessible savings and loans co-operative, which is responsive to the needs of the local community and actively prevents the detrimental effects of poverty and financial exclusion.
The credit union provides a convenient and safe method of saving. Every £1 saved is the equivalent to a single share and members can save as little or as much as they choose but are encouraged to save on a regular basis. Savings can build up quickly once the habit has been established and members are encouraged to continue saving even when repaying a loan.
Benefits of regular saving
All members benefit from regular saving. It allows members to work towards their financial goals and gives them a cushion in an unforeseen financial emergency. Saving regularly reduces the need to borrow from costly sources of credit. Save with the credit union for your holidays, a new car, your wedding, school uniforms, a rainy day fund, birthdays or Christmas.
The ability and capacity to save money for the short or long term is an important step on the path to establishing financial wellbeing and to the building of assets. Even small, regular savings will grow and help you to meet those unexpected bills.
Have a question? Check below to see if it is answered in our Frequently Answered Questions.
Every member of Cambrian Credit Union must keep £5 in their share account at all times. An annual membership fee of £3 taken on the anniversary of joining the credit union.
Save as little or as much as you want but accounts can hold a maximum of £30,000.
Yes. As a member of the Government-backed Financial Services Compensation Scheme, your total savings are protected up to the value of £85,000.
Choose from direct debit, Online banking or through our app. Or why not save directly through you salary through Payroll Savings.