Junior Savers

Start their saving journey

What’s your little one dreaming of? Help them save for it!

Saving for a child today is a great gift for their future. Not only can they start their adult lives with some savings, but getting kids involved early with saving also helps them learn important lessons about money.

To help encourage your children to save, we developed our Junior Savings Account for children from birth up to 16 years of age.

If you are a parent or guardian of a child and are a member of the credit union, you can open a Junior Savings Account to start them on their savings journey.

Helps to save for holidays, school trips, future driving lessons and more.

Join From Birth

Join With A Birth Certificate

No Minimum Saving Requirement

Your savings are protected by the Financial Services Compensation Scheme

Please Note:
All applicants are required to provide proof of their identity and that they live or work in the counties of Anglesey, Conwy, Denbighshire, Flintshire, Gwynedd, Powys or Wrexham. This is required for both the junior member and the adult trustee. For the junior member, we need to see a passport or birth certificate and a proof of address such as a child benefit letter.

Family Loan

Save as you borrow

Help spread the cost of whatever your family needs with our Family loan. borrow up to £1,000 and pay back through your child benefit at a fixed rate of 35% APR.

Junior Savings FAQs

Have a question? Check below to see if it is answered in our Frequently Answered Questions.

How do I become a member?

To apply for a Junior Savers account please pop into a local branch. Junior members can join from birth however all new junior accounts will need an adult trustee.

Are there any membership fees?

Not for our junior members until they turn 16, then the account will upgrade automatically to an adult account. Every adult 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.

How much can I save?

Save as little or as much as you want but accounts can hold a maximum of £30,000

Are my savings safe?

Yes. As a member of the Government-backed Financial Services Compensation Scheme, your total savings are protected up to the value of £85,000.

How do I pay into my savings?

Choose from direct debit, Online banking or through our app.