Junior Saver
Junior Saver
Save towards your child's future with our Junior Saver Account.
Choose an amount to save regularly using your existing Direct Debit or Salary Deduction or add money at any time by bank transfer.
You can manage the Junior Saver in app and online and you retain full control over the account until your child turns 16.
How this account works
This savings account is for existing members with parental responsibility to save money for their child’s future. The child must be aged under 16, and you can have one account per child. When your child turns 16, we'll contact them and decide what they want to do with the account balance.
Save for their future
Our Junior Saver Account is a great way to save for your child’s future. By saving regularly from an early age, you’ll provide them with a great financial start when they become an adult. The Junior Saver is also eligible for our annual dividend which will help savings grow even faster.
Save with confidence
All of our savings accounts are covered by the Financial Services Compensation Scheme. This means your child's Junior saver is protected in addition to the protection you hold on your own credit union savings accounts
How to apply?
Once you’re ready, apply online for your child’s Junior Saver Account. Once we receive your application, we’ll ask you to email us a copy of your child’s birth certificate. We’ll then link their new account you’re your membership account and update your regular savings contribution with the new deposit for the Junior Saver.
Why open a Junior saver?
Everyone knows that it makes sense to save, and the earlier you start – the better.
As the trustee member for the account, you'll have control over it until your child turns 16 years old.
Junior savings may earn an annual Dividend. As a mutual organisation, our members have a say on any annual Dividend paid to your savings account and vote on this at our Annual General Meeting.
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Good money management
Our Junior savings accounts have been designed specifically for children, from birth up to the age of 16
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Save an amount that suits you
You can save between £10 to £1000 each month across your accounts, either through Direct Debit or Salary Deduction (Employer Partners only)
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Make savings fun
We run regular competitions for our junior members such as photo and drawing competitions to make saving with us fun and enjoyable