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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October 13th 2026
International Credit Union Day 15th October 2026
St Albans Community Bank is a member of the credit union movement and is pleased to celebrate International Credit Union Day. The day is an opportunity to help showcase the positive impact community banks and credit unions have on the lives of millions of people and communities across Great Britain. ...
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September 30th 2026
We’re joining the St Albans Community Showcase!
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May 8th 2026
St Albans Community Bank Support Stop Loan Sharks Week
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March 29th 2026
Accounts for AGM to be held on 30th March 2026
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