Giving you the extra incentive to meet your savings goals.
We’re often told we should be saving a bit more than we are. This can be much easier when you have a specific reason and target in mind.
Our Online Goals Savings Account gives you the extra incentive to meet your goals - whether it be for a deposit for a new home, a well deserved holiday, or a special birthday!
Opening an Online Goal Savings Account can help you reach your financial target!
Create up to ten specific pots, all accessible from your online account.
To get started, log in to your online account here and, under the ‘Loans and Services’ heading – select ‘Open an Online Goals Savings Account’.
We'll let you know as soon as the account is open, when you can log-in to see a ‘Goals’ banner on your ‘Accounts’ tab.
Add up to ten individual savings pots - Simply give each of your pots a name, select an icon and, using the helpful sliders, set an amount you can afford to save each week or month.
Jodie-Lee from Rugby
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme.
For further information about the scheme (including the amounts covered and eligibility to claim) please visit here.
Based on our financial performance, you'll earn an annual dividend, calculated on your average balance throughout the financial year (October to September).
After we've prepared our year end accounts, the Board of Directors ask the members to approve the dividend rate at our AGM each January. This is added to your savings account with no income tax deducted at source.
This is paid into accounts each January. (2023 1.75%, 2022 1.50%, 2021, 2.25%, 2020 2.25%, 2019 2.25%, 2018 2.50%)
*(Expect to return 4.00% for 2022/23, but of course this depends on our financial performance)
Our Online Goals Savings Account is instant access savings - fully managed via your online account either on your PC or via our app.
Most transfers are made instantly 24 hours a day, 7 days a week.
You can also transfer to or from your other savings accounts held with us as often as you wish.