Saving money couldn't be simpler. 

Unlike some other savings schemes, you can save as much or as little as you like (minimum £1 per week) enabling you to save up to £10,000.

These are the ways you can save:

·        By cash or cheque at our main office

·        By cash or cheque at any of our collection points

·        By standing order.  Click here for a form

·        Through your wages (if agreed with your employer)

If you save by cash or cheque you will be given a savings book where all deposits will be recorded.

All members will receive a statement; newsletter and an Annual General Meeting over a year. However a statement can be requested, by either phone or e-mail from the central office.

Credit unions aim to pay a dividend on savings once a year to all their members. Any dividends payable is decided at the annual general meeting on the recommendation of the board.

Life insurance is included for both savings and loans at no extra cost to you.  On a member's death, the amount payable can be up to twice the value of savings (subject to conditions) and will be paid to the person nominated by the member.  Any outstanding loans are also paid off.

And when you invest in your local credit union, you know that the only people you are benefiting are your neighbours or colleagues. Credit unions keep money within a community, because there are no outside shareholders to pay.

To withdraw savings just fill in a share withdrawal form and return it to us via the main office or a collection point.  We would normally deal with withdrawals within 7 days.  However it can be handled the same day at the central office.

If you are interested in opening a Christmas Saver Account then please fill in the following form downloaded here and return it to the main office or post it to us. This is only open to existing members of Sheffield Credit Union, but if you wish to become a member and set up a Christmas savings account please fill in this form and come into the main office and provide identification from this list.