Save With Us

"Easy and rewarding"

Saving with Grampian Credit Union

Building up savings with us couldn’t be simpler.  Once you have chosen the amount you want to save and the method you wish to save through money will be automatically transferred into your account on a weekly/monthly basis. 

You can also add additional funds to your account at any time by using our PayPoint cards.  This is an ideal way to add to your savings next time go to the Post Office or visit your nearest convenience store for a pint of milk.

 To find your nearest PayPoint agent please follow this link:

 http://www.paypoint.com/locator.htm

Accessing your savings

To access your savings call the office and we will either have your savings transferred into your bank account or issue you with a cheque.

Please note: You may only withdraw your savings if they are not secured against a loan.

Do I receive interest on my savings?

Savings are held as shares. Instead of interest on savings members will receive a dividend - the level of dividend will depend on the performance of the credit union that year.

Benefits of being a member

• Save as little or as much as you can afford
• You will automatically receive free life insurance on your savings
• Confidentiality is respected at all times
• No hidden charges or fees on any transactions
• Credit Unions are mutual organisations-members savings are pooled to provide the resources for lending to other members

Other Savings Accounts

Christmas Savings Account
Here at Grampian Credit Union we can offer a secure Christmas saving scheme for you, with peace of mind that you are guaranteed to receive every penny back.

Withdrawals are made availible between 1st of November and 15th December ensuring that your savings are available when you need them.

• Covered by Financial Services Compensation Scheme
• Free life protection on money saved
• Savings can be drawn between the 1st of November and the 15th of December

Junior Account

It’s never too early to save.

Basic financial education from an early age is one of the most important things we can teach our children.

We offer a Junior Account for young savers with a competitive annual dividend, typically 5%. The maximum we can pay is set by law at 8%.

Encourage your children to start saving and help them become financially aware for the future.

Opening a Junior account:

• Encourages children to save regularly
• Assists in the development of basic numeracy skills
• Helps children to understand personal finance and improve their financial literacy
• Helps prepare a child for adult life