Saving is a great habit to get into and is something that the Credit Union encourages. To become a member, all you have to do is save a minimum of £5 with us every month. This gives you access to all of our products and services.
We want to give you an idea of how regular savings could help you:
| How much are you saving per month? | How much would you have after year 1? | How much would you have after year 3? | How much would you have after year 5? |
| £25 | £300 | £900 | £1,500 |
| £30 | £360 | £1,080 | £1,800 |
| £50 | £600 | £1,800 | £3,000 |
| £75 | £900 | £2,700 | £4,500 |
| £200 | £2,400 | £7,500 | £12,000 |
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| This is the key to unlocking membership with us and opens the door to all the products and services that we offer. | This allows your immediate family members to gain membership and get the same benefits as you, providing you reside at the same address. | Parents and grandparents often want to set aside some money for their children or grandchildren, and it is never too early to start saving. |
Eligible deposits with us are protected by the FSCS
Your eligible deposits with No1 CopperPot Credit Union are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk.
We are also covered by the Financial Ombudsman Service (FOS).
