It is important to continue saving during retirement to help you deal with any unexpected expenses. Or you may simply choose to save to help fund your Christmas expenses. At this credit union, you can remain a member once you are retired, and save into a Regular Saver account from as little as £10 per month, with repayments from Direct Debit, and where possible, your Pension.
If you are or have already received a lump sum payment after retiring, and you are not sure where to invest it, you may want to choose the credit union. Our Flexi Saver account allows you to deposit lump sums up to a max. balance of £20,000. Not only does this offer a competitive return on savings, but you can also withdraw your funds at anytime, without penalty.