We pay a competitive annual dividend on the total amount you have saved during the financial year (October to September). The rate depends on Commsave’s financial performance. This is usually paid into accounts in January.

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.

The answer is quick and easy. You can request a withdrawal via our online account, via our app or by calling our friendly team. Typically, you will have your withdrawal in a matter of minutes. Most transfers are made instantly 24 hours a day, seven days a week.

The easiest and most convenient method is using our online banking or mobile app.

You can also make a request over the phone for bank transfers or the issue of cheques.

Most transfers are made instantly 24 hours a day, 7 days a week.

You must leave at least £1 in your savings account or the loan security amount of 1/3rd of the loan balance if you have a loan.