Bridgend Lifesavers

CREDIT UNION

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save. borrow. invest. safely. locally.

t: (01656) 729912 e: info@blscu.co.uk

Junior savings

 

Our Junior Savings Account is perfect for anyone who wants to save for their children or grandchildren. It is easy for friends and family to also contribute to their savings - but only the guardian who opened the account will have access to the funds, until the child turns 18.

All we need is a copy of the child’s birth certificate or passport and you can start saving for their future, today.

                                                            

Your Savings are protected up to £85,000 by the financial services compensation scheme (FSCS) For more information please click on the image.

In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor’s accounts with the credit union, including their share of any joint account, and not to each separate account.

For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call 0800 678 1100.

You can download a leaflet about the FSCS here:

ClickDownload FSCS Leaflet (1998.5kb)


Bridgend Lifesavers Credit Union The Life Long Learning Centre Murfield Close Sarn Bridgend CF32 9SW Telephone 01656 729912
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority

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