Thistle Credit Union have a variety of different savings accounts, to help you reach your saving goals or prepare for unexpected expenses.

Savings Account

This is your main account, from this you can build up regular savings and if the need arises you can apply for a loan based on your savings. Your savings are yours to do with as you wish, you can withdraw them at any time (as long as they aren't secured against a loan). If you are looking to borrow however this may affect your eligibility. We also provide savings accounts for Juniors (0-16 years old).

Instant Access Account

This account is a suitable place to keep your money if you need access to it at short notice and don't want to affect your ability to borrow.

Christmas Saver Account

This is a great place to put away money each year on the build up to Christmas. Your money is locked away to the 1st of November, after which time you are free to withdraw your balance. It's also secure, we're covered by the Financial Services Compensation Scheme. So that in the unlikely event that anything should happen to the Credit Union, your eligible deposits are covered up to a maximum of £85,000.

Life Savings Protection

Life Savings Protection provides your family with a single lump sum payment to cover end of life expense in the event of your death. The value of this payment is directly linked to your savings. Generally, the more you save, the higher the benefit payment^*1.

^*1Subject to terms and conditions. Certain restrictions apply based on savings balance and on age at death or age when savings were made. Each Credit Union has individual limits and restrictions which may vary over time. Ask a member of staff for details about the Life Savings protection they provide.

Is My Money Safe?

Credit Unions, like other UK financial organisations are members of the Financial Services Compensation Scheme. This provides a safety net should a Bank, Building Society or Credit Union collapse.

The FSCS is there to protect your money. It is the body which gives you automatic protection up to £85,000 if your Bank, Building Society or Credit Union goes out of business; and you'll normally get your money back within seven days. FSCS is funded by the financial services industry, and is free to consumers. So whatever your money is for, it's good to know it's protected.

For more information please head over to www.fscs.org.uk