Savings

We make saving easy!

You can open an account with as little as £1 and save as much or as little as you like, as often as you like, up to a maximum of £15,000. Here are the ways you can save:

  • Set up a Standing Order with your bank/building society.
  • Have Benefit Payments paid directly into your savings.
  • Via a Payroll Deduction Scheme – ask your employer if they have a scheme.
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FSCS Logo Top Right Image Bottom Left Image

Your money is safe

You can sleep easy at night knowing your money is safe and protected under the Financial Services Compensations Scheme.

You can withdraw some or all your savings at any time. It’s your money, so we make withdrawals as easy and quick as possible.

We, in common with other credit unions, can pay annual dividends rather than interest on savings. The payment of a dividend, if at all, depends on the amount of surplus money available. Details are decided after each financial year at the AGM, in the light of a recommendation by the Board of Directors. The payment of a dividend each or any year is not guaranteed.

LEARN MORE

Great deal for Young Savers

Young people (under 16 years) can be enrolled by parents/grandparents as Young Savers

“Saving just a small amount each week means that I can plan for the future”

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Our Hub

Keep up to date with our latest news, resources and financial wellbeing

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May 8th 2026
St Albans Community Bank Support Stop Loan Sharks Week
  From 11th to 17th May, the England Illegal Money Lending Team (IMLT) is launching its annual Stop Loan Sharks Week campaign, raising awareness of the dangers of illegal lending and highlighting where people can turn for safe, affordable and ethical financial support. At the heart of the campaign is the importance of accessible, responsible alternatives – and community banks like us and other credit unions across the country continue to play a vital role in supporting people who may otherwise feel they have nowhere else to turn....
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March 29th 2026
Accounts for AGM to be held on 30th March 2026
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March 5th 2026
Minutes of the 2024 AGM
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December 1st 2025
Engage Card – Important Information
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