Tel: 0131 225 9901 Fax: 0131 225 9909
Why Save With Capital Credit Union?
Here at Capital, we strongly believe in promoting the idea of 'Self Help' and offering our members simple solutions to help them stay on top of their finances. With a vast range of products and services available to all members, saving has never been easier!
Saving Is Easy - Here's How You Do It
- By direct debit from your normal bank account
- By payroll deduction if you work for one of our sponsoring employers
- By cash deposit at any Post Office in the UK
- By cash or cheque deposit at any of our offices
What Do We Ask?
Like all Credit Unions, Capital requires its members to make regular monthly deposits into their savings account as a condition of membership. All we ask is that you save either £1 per week or £5 per month depending on your preferred saving method.
Instant Access To Your Savings
You can withdraw your saving as and when you require as you have instant access to your savings account. The most utilsed method of transfer is to transfer funds directly to your nominated bank account, all it takes is one phone call!
Here are just a few examples of our products and services and how we can help you:
Our Savings Services
- Plantinum Savings Account
- Premier Savings Account
- 1-On-1 Financial Education Service
- Free Life Insurance On All Savings Accounts! (See bottom of page for details)
How To Become A Member
- Apply For Membership Online
- Send Us An Online Enquiry
- Visit Us
- Phone Us Direct on 0845 225 990
FREE Life Insurance on Savings
At Capital Credit Union we have taken out an insurance policy which is implemented FREE of charge to all our member accounts. This policy is aimed at making the lives of families and next-of-kin easier in the event of the death of the Capital Credit Union member.
As a result of this policy the next of kin would receive DOUBLE the savings amount of the member. Also, if the member has a loan with the Credit Union this would be settled, so the next of kin would not be pursued for any outstanding balance. Both of these policies are subject to terms and conditions as specified by Capital Credit Union Ltd.
We also offer a Family Protection Plan as part of our suite of insurance services, for peace of mind at a difficult time
Financial Services Compensation Scheme
Important information about compensation arrangements
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme.
In respect of deposits, an eligible depositor is entitled to claim up to £50,000. For joint
accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £50,000 each (making a total of £100,000). The £50,000 limit relates to the combined amount in all the eligible depositor’s accounts with the credit union, including their share of any joint account, and not to each separate account.
For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website http://www.fscs.org.uk/ or call 0800 678 1100.
