The balance of Christmas Saver Accounts will be paid into members nominated bank account on Friday 1st November 2024.
If you do not have bank details on file, or need to update your bank details please get in touch by Friday 25th of October so that we can add these on.
You can email this information to info@rwcu.co.uk
or call one of our branches on –
Greenock: 01475 734 655
Paisley: 0141 889 7442
Christmas time can be a drain on your finances, so why not save a little each week or month with our Christmas Savings Account.
Our friendly, helpful staff can open an account for you and you can pay into it either over the counter at our shop or create a standing order. What’s even better is that there are no stamps or books to lose and a receipt will be issued for each deposit.
Your savings will be released in November in plenty of time for Christmas and don’t forget your savings held with us are secure.
You can pay in as little as £2 per week but you need to keep a minimum of £5 in your account to keep it active.
The maximum amount that a member can currently save is £10,000.
Members can withdraw from their savings account online, over the phone and in one of our branches.
*Please note that from 1st of October 2020 Right Way Credit Union will be limiting the amount of share withdrawals from a member’s S1 account to thirteen per year. For more information, please contact the office by emailing info@rwcu.co.uk
Online/Telephone share withdrawals will be paid into members nominated bank account, this is the account that the credit union have on file for you. If you wish to check this information before requesting a share withdrawal you can call the office on 0141 889 7442.
Please note: Share withdrawals will not be processed If you do not have a nominated bank account. If you need to update or change your nominated bank details please call the office on 0141 889 7442.
Share withdrawals can only be actioned by the account holder, should you wish to register a Power of Attorney please see links below as guidance on what legal documentation we will accept.
When you have a loan running your savings are held as security against your loan, this means that no share withdrawals can be processed whilst your loan balance is higher than your savings balance, for more information please send us an email to info@rwcu.co.uk
Yes. Right Way Credit Union is authorised by the Prudential Regulation Authority and Regulated by the Financial Conduct Authority and the Prudential Regulation Authority Firm Ref: 446350. As part of the Financial Services Compensation Scheme (FSCS) your savings up to £85,000 are safe”
Right Way Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority 446350
